Market News
Romanian retail sales grew by 8.9 percent last year
Romanian retail sales volume grew by 8.9 percent last year , compared to the previous year – the Romanian national statistical institute announced on Wednesday. The increase is mainly due...
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Stress resistant stock markets
After the 13 November terror attack in Paris many analysts say stock markets may fall sharply should the attacks continue. Due to the constant threat people might stay at home...
Read moreGKI: Deceleration continues in 2016
After a number of weak years, the development of the Hungarian economy in 2014 was the second fastest in the EU. GDP growth was above-average in 2015 as well; however,...
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In the European top three once again
Like-for-like FMCG value sales improved by 5.8 percent in Q3 2015 in Hungary. This performance was the third best in Europe, behind Turkey’s 12.4 percent and Austria’s 5.9 percent. According...
Read moreKSH: food exports in November increased by 7.7 percent
Hungary’s external trade surplus decreased by €22 million in year-on-year terms in November, to €687 mln, with the export volume growing by 8.4% and the import volume increasing by 11.2%,...
Read moreVHT: the impact of the VAT reduction appeared in the pork prices
According to Németh Antal, chairman of the Livestock and Meat Marketing Board and Interprofessional Organization (VHT), the impact of the VAT reduction appeared in the pork prices, but not to...
Read moreBisnode: The number of liquidations was record low last year
The number of liquidations was record low last year in the Hungarian company world: while in 2014, more than 17,500 proceedings were initiated, last year only less than 10 thousand:...
Read moreCigarette smuggler crashed
A cigarette smuggler crashed after a chase near Apagy with a twenty-seven million HUF worth cigarette shipment. Magyar Norbert, press officer of the Nationmal Tax and Customs Authority’s Szabolcs-Szatmár-Bereg county...
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NAK: the new site of the chamber will be available soon
The National Agricultural Chamber’s (NAK) new customer-friendly website serving all needs will be available within weeks – the NAK told MTI on Tuesday. According to the Communication, the site is...
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The reduced VAT would be beneficial to other sectors
The price of pork spectacularly declined in recent weeks, in addition that live pig prices also fell, the VAT reduction came into force on 1 January seems to be successfull....
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Hungary offset the Russian embargo with new markets
Hungary successfully offset the Russian embargo on the Hungarian agricultural and food products by exploring new markets – Budai Gyula, Ministerial Commissioner of the Ministry of Foreign Trade and Foreign...
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A decrease in the Hungarian banana exports, domestic demand increased
Consumers prefer bananas after apples in Hungary. According to the data of the Central Statistical Office (KSH) Hungary’s banana imports has increased by 32 percent to 56.3 thousand tonnes between...
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Nébih: the amount of food seized in the markets decreased
The amount of food seized at wholesale markets dropped significantly in recent years – Helik Ferenc, leader of the Board of Directors of the National Food Chain Safety Office (Nébih)...
Read moreMVH: the versatile use of EU funds for rural development
Local governments, nonprofit organizations and even churches are eligible to apply for EU rural development funds in a wide variety of sectors such as the food industry, irrigation development and...
Read morePig farm managers are trained at the University of Debrecen
Two years after the start of the shepherd training, the four-week training for pig farm managers has begun on Monday at the University of Debrecen (DE) – the organizers told...
Read moreThe purchasing managers' index is over 50 points again
After a month of decline the seasonally adjusted value of the purchasing managers' index (PMI) increased to 53.0 points in January from the 49.9 points of December – the Hungarian...
Read moreThe WHO would give adult rating to films that showing smoking
Films that show smoking should be given an adult rating to protect children from the 'last frontier' of tobacco advertising, world health chiefs have urged. The World Health Organisation has...
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Air freshener and dehumidifier season
When the winter comes and we close the windows, air fresheners and dehumidifiers start working more. Air freshener sales are growing by two-digit numbers. Not only aerosol products but also...
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Magazine: Marketing: the next generation
This year one of the speakers at the two-day BrandFestival was Thomas Gad, one of the most famous brand strategists and advisors in the world. Mr Gad, an advisor to...
Read moreGKI: the fuel price change has no significant impact on food prices
The change in fuel prices has no significant impact on food prices, because its development is affected mainly by completely different processes. It is affected primarily by the price increase...
Read moreHungarian wines are promoted in China
According to the winner of the 25 thousand euros tender announced for the promotion of Hungarian wines in China, the support of the Ministry of Agriculture is essential to promote...
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Tightenings due to fake primary producers
Those market players who act like primary producers are selling products without a bill. Such and similar abuses have led to a tightening of the rules, which allow the inspectors...
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The Food Avalanche Program awaits the applications of active communities
The Food Avalanche Program of the Hungarian Food Bank Association and the Syngenta Food Programme expects the applications of local governments, educational institutions and non-governmental organizations until 18 February. The...
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The Nébih destroyed four tonnes of goods at the wholesale market
About four tons of vegetables and fruits, especially oranges were destroyed in the wholesale market of Budapest, where the National Food Chain Safety Office (Nébih) and the National Tax and...
Read moreGerman beer consumption on its quarter-century low
Last year, 79.5 million hectoliters of beer was sold in Germany, this is the lowest datain the last twenty-five years – index wrote after the Thelocal.de. Since 1991, when data...
Read moreFour million HUF worth tobacco was seized in Oroszlány
The police found 160 kilograms of unknown origin cut tobacco in a car of two local men on Thursday in a value of more than four million HUF. According to...
Read moreRetail sales grew in Germany in December
In December, German retail sales rose, compared to the previous year, while last year’s data was the highest annual growth of the past more than twenty years – the German...
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Magazine: I would like to be András Stohl
A few days ago my book, Krizsó, 10 Confidential Conversations came out and in one of the conversations actor Andás Stohl revealed that there had been a period in his...
Read moreFM: the output of agriculture increased last year
The output of the Hungarian agriculture is around 2400-2500 billion HUF each year. Last year's initial estimate of 2,457 billion HUF is exceeding the previous year’s level by 0.4 percent...
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The price swing of lemon
We might think that lemon prices are relatively balanced among the tropical fruits, but during the year, it may vary with even fifty percent in value. Last year, the average...
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