Market News
Euro zone inflation was 2.4 percent in April as well after March
In line with analysts’ expectations, annual inflation in the euro area was 2.4 percent in April after March, according to preliminary data published on Tuesday by Eurostat, the statistical office...
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Gergely Suppan: the recession is clearly over in Hungary
The recession is clearly over in Hungary, from now on the only question is the rate of growth – said the leading economist of the Ministry of National Economy (NGM)...
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K&H: the inflation anomaly is clearly visible, but customers perceive it differently
Although inflation has slowed down a lot, according to the recent results of K&H’s secure future survey, middle-aged people do not really perceive this, as they felt the annual rate...
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The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of the economy increased by 0.8% compared to the previous quarter, according to adjusted data, which is more favorable than our...
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Mihály Varga: the Hungarian economy is back on the growth track
The Hungarian economy returned to the growth path in the first three months of the year, GDP increased by 1.7 percent on an annual basis and by 0.8 percent compared...
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MFB: you can now apply for the interest-free, EU-funded investment loan
From Tuesday, enterprises can apply for the interest-free investment loan from EU sources, up to a maximum value of HUF 100 million – the Hungarian Development Bank (MFB), which runs...
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NGM: the performance of the tourism sector is growing dynamically
The performance of the tourism sector is growing dynamically, the number of guests and guest nights also increased significantly in March – the Ministry of National Economy (NGM) told MTI...
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German retail sales increased in March
Germany’s retail turnover increased more than expected in March compared to the previous month, according to the Tuesday report of the German Federal Statistical Office, Destatis. In March, based on...
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KSH: industrial producer prices decreased by 3.0 percent in March 2024 compared to a year earlier
In March 2024, industrial producer prices decreased by 3.0 percent compared to a year earlier, and were essentially unchanged (+0.1 percent) compared to the previous month, the Central Statistical Office...
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Edeka builds a recyclable supermarket
Germany’s leading supermarket chain Edeka is building a new store in Braunschweig using the sustainable “Triqbriq wood construction system”. This is the first time this system has been used in...
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NRF: Mother’s Day spending estimated to reach $33.5 billion
According to new survey data from the National Retail Federation (NRF) and Prosper insights & Analytics, consumers are expected to spend $33.5 billion on the holiday, which falls on May...
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Mondelēz seeks to work with tech startups focused on ingredients, packaging and sustainability
The snacking giant said the companies it partners with as part of its incubator program will provide early access to new capabilities to develop breakthrough products and platforms. Mondelēz International’s...
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Reacty Digital research: Shrinking products, growing information
In Hungary, starting from March 1, 2024, larger food retailers will be required to provide attention-grabbing information to customers if the packaging of the prepackaged products they offer has decreased...
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Chocolate brands are still standing
Last year high inflation and rising raw materials prices, especially for cocoa and sugar, affected the chocolate category and forced manufacturers to take steps: almost every market player increased prices....
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Challenges ahead in 2024 for the Hungarian food industry
2024 is shaping up to be another challenging year for Hungary’s food industry, according to András Benkő, Director of Commerce and Marketing at Kaiser Food. He noted that low consumer...
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GKI article in the EU: 20 years of change
Are we falling behind the Visegrád countries, or are we on the way? Has Romania really overtaken us? On May 1, we will celebrate the 20th anniversary of our accession...
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Exotic meat market in Hungary: we also sell kangaroo meat and crocodile tail
In Hungary, interest in exotic meats is on the rise, available at high prices and under special conditions. With the barbecue season approaching, it’s useful to explore the options for...
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The companies expect only moderate expansion
The weakness of the domestic and German economies is also reflected in the business mood of the member companies of the German-Hungarian Chamber of Industry and Commerce (DUIHK). According to...
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The expansion of strawberry fields and pricing in Hungary
In Hungary, the cultivated area for strawberries has seen a notable increase in recent years, growing from 550 hectares in 2020 to an officially recorded 656 hectares today. Including smaller...
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A radical change can be observed in savings
Other winds are blowing in the investment markets: the period of double-digit returns is over, but according to K&H experts, real returns above the slowed inflation can still be achieved....
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Domestic gardeners are not threatened by imported plants
Flowers and ornamental plants are indispensable accessories for the spring splendor of balconies and terraces. In the past, geraniums ruled this world, but today those who are thinking about beautifying...
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BDO: Restructuring of struggling businesses is more effective
Viable businesses but struggling with payment difficulties have been able to start a restructuring procedure in Hungary for almost two years now, since July 2022, however, despite the fact that,...
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BNI: it is difficult to reintegrate mothers with young children into the labor market
Women still have to meet conflicting expectations regarding starting a family and getting a job, which not only complicates their situation, but also takes away significant resources in terms of...
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Health in everyday life
A healthy lifestyle means different things to different people, and it isn’t specifically limited to eating. This article is available for reading in Trade magazin 2024/5 Our representative survey of...
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More and more people are looking for sweet potatoes
The well-known healthy and tasty sweet potato is increasingly becoming the focus of attention among domestic producers and consumers. But is it capable of displacing the traditional potato from our...
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Every year 8 billion HUF us stolen from our bank cards because of our convenience
Our convenience is our undoing: we want to quickly pounce on a good offer on the Internet and we don’t care about security – thanks to this, the rate of...
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Munkahelyeink.hu: in the field of AI and sustainability, the demand is increasing mostly for employees
In the era of rapid technological development and the increasing demand for sustainability, certain fields of work are becoming much more sought after. The demand for employees with these skills...
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Back to the Roots – The Renaissance of the hard-discounter
The time is ripe for a renaissance of the hard discount format in Europe. But a winning strategy will not necessarily mean turning back the clock and copying the highly...
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Crisp to expand in Belgium
Online fresh food market Crisp has put its Belgian distribution centre up for rent, while orders for Belgium are now being processed in the Netherlands. However, the company says this...
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Scientific results help the revision of the nitrate regulation
In order to develop a well-founded policy, long-term cooperation with scientific actors and professional organizations is necessary. This is proven by the 5-year research program launched by the Ministry of...
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