News and articles
Prices reduced 0.1 percent last year
Compared with December 2014, consumer prices were 0.9 percent higher in December 2015. Grocery prices rose 2.2 percent and within the category seasonal product (potato, fresh vegetables and fruits) prices...
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Consumers at the gate of optimism
Consumer confidence produced a sudden rise in one of Hungary’s most important FMCG export markets, the Czech Republic: the index reached 97 points in the 4th quarter of 2015. The...
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The animated story of hamburgers – Video of the day
An Animated History of the Hamburger! Ever wonder how America's signature dish came to be? Let food historian and animator Jorge Corona take you on a hand-drawn historical journey, done...
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New flavour in the liver paté category
Popular brand FAMÍLIA presents a new flavour in the liver paté category. FAMIÍLIA Liver Paté with Chives gets its special taste from the liver it contains and the chives which...
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EuroSkills and WorldSkills competitions
After a few-year hiatus cooks can return to the EuroSkills and WorldSkills qualifying competitions. The Hungarian Chamber of Commerce and Industry is waiting for the application of young Hungarian talents...
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Magazine: A rollercoaster ride to Turkey
Hungary’s agri-food export to Turkey has been rather hectic in the last 15 years: in 2001 it represented a value of only EUR 3 million, which grew to EUR 116...
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The retail sales of private label products increased by six percent, to 492 billion HUF
Customers spent about 492 billion HUF on the private label products of the chain of stores last year, six percent more than in the year before. The expansion of private...
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Egg Association: there is an urgent need to reduce the VAT rate on the egg market
There is an urgent need to reduce the value added tax on eggs because, the often uncontrolled egg imports are causing serious disturbances on the Hungarian egg market – the...
Read moreChanges in the pig business
The changes in international prices and the domestic legislation changes can be strongly felt in the meat market. In January, the domestic producer slaughtered pig prices decreased by 4 percent,...
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Renovation fever at Rossmann
The first Rossmann shops reopenings took place this year in Abony and in Hódmezővásárhely, where the customers can find discounted prices in the shops. On the occasion of the opening...
Read moreThe world wheat market is changing
The international agricultural market this year shows significant changes for reasons such as the strong dollar, the fall in oil prices and high yields – writes the Wall Street Journal...
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Governmental meetings with the food industry
The officials of the Ministry of Agriculture negotiated with the determining food industry sectors separately. The aim of the ministry is to facilitate the implementation of the food strategy with...
Read moreWine and beer at this year’s VinCE Budapest
The Association of the Hungarian Brewers will take part at one of the largest trade show of the winemakers for the first time. The event opener venue of the Beer...
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Smart minifarms in containers
We usually see freight containers on trains or cargo ships, but soon we will see containers in the cities as well. Companies like Freight Farm are creating super-intelligent mini farms...
Read moreThe Purchasing Managers' Index indicates a further expansion in February
The Purchasing Managers' Index (PMI), indicates a further expansion in February. The seasonally adjusted value of the index increased to 54.8 points drom the 53.1 points of January – the...
Read moreThe domestic market of corporate mergers and acquisitions expanded by two percent last year
The market of corporate mergers and acquisitions (M&A) continued to grow in Hungary in 2015. The number of transactions increased by 27 percent, while the estimated size of the market,...
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Khachapuri Is The Best Drunk Food You’ve Never Heard Of – Video of the day
In the nation of Georgia, one dish is such a staple of the cuisine that its price is used to track inflation from region to region. It’s called khachapuri, and...
Read moreCountry Brand 2.0 – Budapest performs under its opportunities, but may progress rapidly
Budapest’s performance and attractiveness are both significantly below its possibilities, however, rapid development is available with collaboration – the participants of the Country Brand 2.0 conference told on Tuesday in...
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Apenta: ready for the Olympic Games in Rio
The summer of 2016 will be about the Olympic Games in Rio and we offer 2 special Brazilian flavour combinations to those who would like to try what Brazilian fruits...
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Cosmetics are the new star of e-commerce
At the moment there is no company in the e-commerce top 10 that only sells cosmetic products, this may change in 2016 – revealed a survey conducted by Avon. Ákos...
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Running tourism may be the key sector
In the coming years, running tourism may be one of the fastest developing areas within tourism. The running competitions have not only a healthy life awareness-raising effect, but generate economic...
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New Clin cleaner
Thanks to the water repellent effect of the innovative formula, the window will be clean with no streaks on it. Due to its water, dust and dirt repellent effect, no...
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Magazine: Efficiency and freshness day after day
Although Hungary’s deodorant market is very much price-sensitive, last year the category managed to expand in terms of both value sales (by 5.4 percent) and volume sales (by 4.8 percent)...
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95 percent of the Hungarian beef goes to export
In Hungary, 95 percent of the Hungarian beef goes to export. An average Hungarian eats only three kilos of beef a year. While because of the low milk prices, the...
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Potato prices are rising
The price of potatoes are increasing explosively since last autumn. Compared to the previous year now 40-50 percent have to be paid for potatoes – Népszabadság Online wrote on the...
Read more54 billion HUF for irrigation development
The Prime Minister's Office reached at the negotiations of the Rural Development Programme that multiple of the former amount; approximately 54 billion HUF to be available for irrigation development –...
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Nébih tested milk chocolates in February
The National Food Chain Safety Office (Nébih) tested milk chocolates in February within its Super Mint product test – the food chain safety authority told MTI on Monday. According to...
Read moreGKI: the drop in investments is slowing the Hungarian economy
The main reason for this year’s slowdown in the Hungarian economy will not be the deceleration of exports, but the around 5 percent lower investments – according to the GKI...
Read moreGerman retail sales rose
German retail sales declined in January, the first annual decline in eight months. But compared to December, the German retail sales increased more than expected. Retail sales in Germany rose...
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Consumer prices decreased in the euro zone in February
According to preliminary data of Eurostat consumer prices in February fell by 0.2 percent, compared to a year before. After January's 0.3 percent growth, the analysts expected a stagnation. Consumer...
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