Market News

VM: the government would offer more protection to seed producers

The government would offer more protection to seed producers with its new proposal on state recognition of plant species as well as on the production and marketing of seed materials....

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Visually impaired people can take part in the harvest at the Tokaj wine region

Blind and partially sighted people can take part in the harvest on Saturday in the historic Tokaj wine region, thanks to a unique initiative. The program is organized by the...

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Magazine: Small things that do matter in a household

Foil, oven bag, grill tray, bin bag – small things that can be found in almost every household. In the bin bag market, cheaper branded products and private labels gained...

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Meat prices are increasing during the VAT debate

Conflicting news appeared about the possible VAT reduction on meat products. Rogán Antal Chairman of the Economic Committee of the Parliament said at a Friday morning radio show, that the...

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The NAV fined a shopkeeper to half million HUF

During about 100 checks the NAV imposed fines in a total of one million HUF to the shopkeepers, because of deficiencies in connection with online cash registers. There was a...

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KSH: a growth in average earnings in the January-August period

The gross average earnings increased by 3.4, the average net earnings increased by 4.8 percent in January to August 2013, compared to the previous year – the Central Statistical Office...

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Backyard farming is becoming increasingly popular

The backyard farming is becoming more and more popular. The people are realizing that it is not true that food products are cheaper in the stores – Fazekas Sándor, Minister...

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Czerván: this year, 6.7 million tonnes of maize grows in the country

This year, an expected amount of 6.7 million tonnes of maize grows in Hungary, 2 million tonnes more than in the last year – Czerván György told in Budapest on...

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Magazine: Is the reign of black tea about to end?

There was a small expansion in the tea market last year and the driving force behind the growth was mainly real fruit teas, because they became available at more favourable...

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Egg Producers: egg consumption should be increased in Hungary

According to the Hungarian Laying Hun Breeders and Egg Producers Association (Egg Association) egg consumption should be increased in Hungary, by restoring consumption of annually 260 pieces per person of...

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KSH: an increase in the cattle population

The increase of the cattle population is continueing since December 2010. The number of sheep in the last six months increased slightly, while the number of pigs fell slightly. The...

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Sopron wine region: the quantity of the harvest is good, procurement prices have increased

This year's crop has a good quantity, the quality is worse than in the previous years, but due to the market demand procurement prices have increased – Taschner István mountain...

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Businesses are using outdated office machines

The vast majority of the businesses are using their office tools, until these tools are completely depleted. The replacement of the tools creates unexpected emergencies, which make the budget of...

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Tighter rules on imported baby milk powders in China

Beijing will tighten the regulation on foreign baby milk powders. The government warned the importers to carry out accurate reporting and avoid monopolies – the communication of the Ministry of...

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Payment of area-based EU agricultural funding begins

The payment of a total of 170 billion forints in area-based funding to some 180 thousand farmers began on Wednesday; farmers are receiving 50 percent of their total funding now,...

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The transaction fee resulted in less ATM use and the spread of cash payment

Although most customers are aware of the fact of the introduction of transaction fee, but only a few people know the specific rate of the fee – GfK Hungária’s research...

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The Food Bank says thanks to the one billion HUF support of the Hungarian firms

The Donation Convoy hits the road on 16 October for the eighth time. The convoy transports the food donations of the Hungarian trading companies to the warehouse of the Hungarian...

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On the basis of average salaries Czechs spend the most on alcoholic drinks

Among the Western Balkan countries, the residents of Bosnia and Herzegovina are spending the most money on alcohol annually. They are in seventh place in the world alcohol rankings. According...

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New progressive economic perspectives in the Central and Eastern European member states of EU

The objective of this report is to analyse the effects of the global financial and economic crisis on eleven Central and Eastern European (CEE11) EU member states as well as...

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When food prices rise, three out of four Hungarian consumers change their shopping habits

77 percent of the Hungarian consumers say, that they change their shopping habits when food prices start to increase. Most people save on eating between meals, on new clothing and...

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Supervised pesticide registration is the basis of food chain safety

An important element of the food chain safety is plant and soil protection, especially the pesticide registration – among others it was also the subject of the conference of the...

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KSH: industrial production increased for the third consecutive month in August

Industrial production increased by 0.7 percent in August, compared to the previous month and working day adjusted exceeded the level of the previous year by 0.9 percent – the Central...

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NGM: patience lasted until 30 September

According to the Ministry of National Economy (NGM), the grace period to find, and order the new online cash machines ended on 30 September. If the traders carried out the...

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Fazekas: the Hungarian food safety is on world-class level

The Hungarian world-class food safety is guaranteed by the veterinary service which is celebrating its 125th anniversary – Fazekas Sándor, Minister for Rural Development told at a press conference before...

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Magazine: Man or machine?

Automatic coffee machines have become much more widely used in recent years. In theory these devices can do what skilled baristas can: making various hot beverages from many ingredients quickly...

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Economy has by now exceeded that of the pre-crisis period

In August this year, industrial performance – according to workday-adjusted data – increased by 0.9 percent in comparison to the corresponding period of 2012, while in light of data adjusted...

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Professional organizations: the production of the meat industry can only be increased with VAT reduction

According to the trade associations of the meat industry, without the decrease of the pig and poultry meat’s VAT to 5 percent the production of the meat and the poultry...

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The first PC-based online cash register is coming soon

The first computer-based online cash register is about to get a license – the MKEH informed onlinekassza.hu. The first computer-based online cash register can get a license from the Hungarian...

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Domestic potatoes will run out of stock for the Spring

This year’s domestic potato crop will not last after February and high potato prices are expected until then. If Hungarian potatoes will run out of stock, imports are needed, that...

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