Market News
Employment data broke a record in the EU and in the eurozone
The number of employees reached a historical record in the European Union, while in the eurozone it was on an eight-year peak in this year's second quarter. According to the...
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Nielsen: The retail sales of cosmetics and household chemicals increased in value, decreased in amount
The retail sales of cosmetics and household chemicals reached 186 billion HUF in the first half of this year, 5 percent more than in January-June last year. In volume 2...
Read moreAnalysts: the decline in exports is temporary
According to analysts interviewed by MTI the decline in June exports is temporary, there is a significant annual increase in the trade surplus. The experts noted that the country's external...
Read moreThe NAK helps to prepare the Producers’ Honey Campaign
The National Agricultural Chamber (NAK) is taking part in the marketing campaign of the Hungarian National Beekeeping Association (OMME) that aims to promote Hungarian honey. The Hungarian National Beekeeping Association...
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NGM: the tax authority will carry out the software updating of the online cash registers
The National Tax and Customs Administration (NAV) will carry out the software updating of the online cash registers. The operators should not have and will not have any obligation and...
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Domestic companies expect more revenue from exports
Domestic companies are calculating modest financial results, compared to the beginning of the year. The sector expects an average of 2.4 percent in revenues and a 1.4 percent profit growth...
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Nébih: a record number of tourists bought fishing ticket this year
The popularity of the state fishing ticket is unbroken: 6470 people bought the special 90-day fishing ticket of the National Food Chain Safety Office (Nébih) by the end of August,...
Read moreWork on national pálinka strategy likely to start this year
Work on a new national pálinka strategy will start already this year – announced the Ministry of Agriculture. The ministry will develop the pálinka strategy in cooperation with the National...
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Growing global food prices
Food prices in August rose to their highest level in 15 months as advancing dairy and palm oil markets outweighed weakness in grains, which have been depressed by prospects of...
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The re-licensing of the omline cash registers will cost 60-70 thousand HUF to the users
In addition to the fact that those who are obliged to buy online cash registers that are connected to the system of the NAV should by the machines, those companies...
Read moreAnalysts: this year's inflation will be around half percent
The macroeconomic analysts, interviewed by MTI expect an average inflation of 0.5 – 0.6 percent this year. The National Economy Ministry (NGM) in connection with the statistical data highlighted that...
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Expired food products were found by finance guards in Szeged
Large quantities of expired meat products, canned goods, dairy products and sweets, as well instruments used to re-package were found at the premises of a company in Szeged – the...
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Breads and pastries were examined by consumer protectors
Among the examined 80 products 31 were breads and 49 pastries. Problems were found in case of 9 breads and in case of 21 pastries. Problems were found in 30...
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The Apple Marketing Board is concerned about the low purchase prices
The Apple Marketing Board is concerned about the low purchase prices. The organization's presidency drew attention on Thursday that if prices do not rise substantially in the coming years, production...
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Nielsen: More than three-quarters of a million Hungarians followed the Olympic coverage on TV in the early hours
Every night between 2 and 4 am, 790 thousand fifteen years old and older Hungarians were watching at least twenty minutes of television coverage. Among the sports in which the...
Read moreKSH: imports decreased more than exports in July
In July, the value of exports in euros decreased by 5.2, while imports decreased by 6.0 percent compared to the same month of last year. The trade surplus rose by...
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New markings inform about the use of potato
New varieties (A, B, C) markings inform customers that the potatoes they wish to buy are suitable mainly for baking, cooking or pastry making – the Deputy Chairman of the...
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The NAV found a manufacturing plant in Budapest making counterfeit detergents
The National Tax and Customs Office (NAV) found a manufacturing plant in Budapest making counterfeit detergents. According to the communication of the NAV sent to MTI on Thursday, the finance...
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Hungarian beef in Hong Kong
Thanks to an agreement reached by the Ministry of Agriculture and the Hong Kong food safety authorities, Hungary can start exporting beef to Hong Kong. Five Hungarian businesses, located in...
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Magazine: The race for funding will continue in the autumn
In September the Prime Minister’s Office (PMO) plans to announce new grant programmes for farmers. From the Rural Development Programme’s HUF 1,300-billion budget (for the 2014-2020 period), the PMO has...
Read moreOKSZ: the mitigation of labor shortages would be necessary in the commercial sector first
According to the communication of the National Retail Federation (OKSZ),the OKSZ still believes that the government made the right decision in April, when restored the former rules on Sunday working...
Read moreAnalysts: investments are needed to achieve higher growth
On the basis of the detailed GDP figures this year’s economic growth may be even more favorable than the analysts' expectations – according to analysts interviewed by MTI, who also...
Read moreThe farmers expect a better vintage at the Szekszárd wine region compsred to last year
More and better grapes are expected at the Szekszárd wine region this year, where harvest begins with the early varieties of grapes for rosé wines. The winemakers of the wine-growing...
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Mihály Varga: the NAV is prepared to introduce online cash registers in January
The National Tax and Customs Office (NAV) is prepared to extend the mandatory use of the online cash registers in January. Varga Mihály told journalists on Wednesday in Budapest that...
Read moreSixty-seven Hungarian companies among the biggest companies in Central and Eastern Europe
Sixty-seven Hungarian companies are among the 500 companies with the largest turnover in 2015 in Central and Eastern Europe. The company list (CE TOP 500) was published on Wednesday by...
Read moreEurope's first beer fountain was opened in Slovenia
Europe's first beer fountain the Green Gold was opened in Zalec in Slovenia – the local media reported on Wednesday. Janko Kos mayor wants to boost tourism in the small...
Read moreAn increase in air passenger and freight traffic
According to the data of the International Air Transport Association (IATA), passenger and freight traffic in July, compared to the same period of the previous year. According to the communication...
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Hungarian apricot in Vienna
Data from the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR) revealed that on the 31st week, the price of apricot was HUF 400/kg at the...
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Another record: sales neared 3.4 billion forints at the end of 2015
In November-December 2015 seasonal sweets were sold in retail for a record-breaking HUF 3.4 billion. 655 tons of seasonal confectionery products were sold and like-for-like value sales rose 7 percent....
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Magazine: Classics reloaded
Christmas gift packs not only sell well: sales keep growing, too. According to Nóra Schleisz, Unilever Hungary’s gift brand manager, during the busy days before the Christmas holiday it is...
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