Hungary has plenty of work to do in the regional “long-distance running”
Based on the ten- and twenty-year trends – one of the most important indicators of which is GDP per capita measured at purchasing power parity – the Hungarian economy is...
Read more
Consumers hate “dynamic pricing”.
In the past period, customers had to familiarize themselves with a new concept: dynamic pricing. Many consider it a simple scam, but the companies insist on it nonetheless. Prices used...
Read more
NGM State Secretary: the ESG Act strengthens the competitiveness of Hungarian businesses
The aim of the law defining the framework for responsible environmental, social and corporate governance (ESG) is to strengthen the competitiveness of Hungarian enterprises and promote the creation of a...
Read more
György Raskó: the purchase of basic foodstuffs is also a serious challenge for many Hungarian households
The serious problem of impoverishment is still noticeable among the Hungarian population, say experts. According to agricultural economist György Raskó, even the purchase of basic foodstuffs is a serious challenge...
Read more
According to international financial institutions, Hungary is returning to the path of economic growth
According to the forecasts of the international financial institutions, the Hungarian economy will return to the growth path this year, which could be above 2 percent – said Tibor Tóth,...
Read more
In the OECD, inflation stagnated in February
In the countries belonging to the Organization for Economic Cooperation and Development (OECD), the average annual increase in consumer prices was 5.7 percent in February, the same as in January....
Read more
Digimeter 2024: Reorganization instead of digital catch-up
After 2020, 2021 and 2022, Digiméter assessed the level of digitization of domestic small and medium-sized enterprises (SMEs) for the fourth time. The value of the main index, measured on...
Read more
The current labor market situation favors companies ready to expand
here is still an active presence of employees in the domestic labor market. As in the previous quarter, nearly 20% more applications were made in the first three months of...
Read more
Upcoming changes in the Hungarian Food Book
Trade magazin has asked deputy state secretary Dr Beáta Olga Felkai about the upcoming changes in the Hungarian Food Book: “The Hungarian Food Book is a collection of legislation, some...
Read more
It turned out how productive Hungarian companies are
We need to prepare for hybrid working in the longer term: more than a third of Hungarian white-collar workers work from home for at least one or two days –...
Read more
Soon you can withdraw money for free at the Post Office
From January 1, 2025, new rules regarding cash withdrawals will enter into force in Hungary. According to the decree, it will be possible to withdraw a maximum of HUF 150,000...
Read more
Tesco: dedicated menopause section in the UK
In the United Kingdom Tesco is testing a menopause section: it is marking menopause-relevant products with the world’s first universal symbol, the M-tick, both online and offline. From 7 February...
Read more
What will you be eating tomorrow?
Plant-Powered Perspectives is a business conference, which took place for the third time last year at the METRO Gastro Academy, and it is also Hungary’s premier plant-based food event. This...
Read more
Agricultural subsidies: MBH Bank provides pre-financing for up to several years
MBH Bank further expanded the possibilities of pre-financing agricultural subsidies. At the credit institution, farmers can now apply for pre-financing of grants within the framework of the Unified Applications, not...
Read more
Construction of the industrial park next to the logistics center continues in Zalaegerszeg
The second phase of the construction of the industrial park to be built next to the future logistics center of the German Metrans will continue in Zalaegerszeg at a cost...
Read more
Agrometeorology: nighttime ground frosts are returning
Temperatures corresponding to the first half of April will remain, and at night, weak frosts will threaten the fruit harvest in the frost-prone areas, HungaroMet Zrt. wrote in its agrometeorological...
Read more
Mercadona Boosts Investment In Portugal
Spanish supermarket chain Mercadona is planning to inject €180 million into its Portuguese subsidiary to fund continued expansion plans in the country throughout 2024. The additional investment will directly support...
Read more
HelloFresh Opens New Automated Production Facility In The UK
Meal kit firm HelloFresh has opened an automated production facility in Derbyshire, as it seeks to boost the growth and innovation of its brands in the UK. The site, named...
Read more
Agricultural insurance claim payments decreased in 2023
Agricultural premium income totaled HUF 32.8 billion (-10 percent), and damage payments totaled HUF 12.1 billion (-77.2 percent) in 2023. Thus, revenues decreased by a tenth and payments by almost...
Read more
Card payments continue to grow in Germany
According to data from the EHI research centre, card payments in the German retail sector have reached €300 billion for the first time. Girocard is particularly popular with shoppers. „The...
Read more
The aflatoxin load of Hungarian consumers was examined by Nébih specialists
The University of Debrecen and the National Food Chain Safety Office (Nébih) participated in a joint project entitled: “Determining the short-term and long-term aflatoxin exposure of Hungarian consumers in the...
Read more
Twenty years in the EU: how has Hungarian consumption changed?
On 1 May 2004 ten new member states joined the European Union, including Hungary. In connection with this, GKI has examined how the consumption of the population changed during the...
Read more
Carefree consumers? Considerable differences in the middle-aged camp
Although inflation receded, the income of middle-aged people did not increase significantly, so the proportion of those who see their financial situation as good or poor did not change significantly....
Read more
18+! Will cola be next after the energy drink?
According to the new regulations coming into force in Hungary, it will be forbidden to sell or serve energy drinks to people under the age of 18 if the caffeine...
Read more
Márton Nagy: retail trade and food consumption have picked up, tourism has grown by 15 percent
Economic growth will start again next year: after this year’s 2.5 percent, a 4.1 percent expansion is expected in 2025, the Minister of National Economy said on Wednesday in Debrecen,...
Read more
The annual growth rate of food, alcoholic beverages and tobacco prices slowed to 2.6 percent in March in the eurozone
In accordance with the preliminary estimate, the annual inflation in the euro zone slowed down in March, according to the final data published by Eurostat, the statistical office of the...
Read more
A lot of imported tomatoes arrive to Hungary
About 20,000 tons of tomatoes arrive in Hungary from abroad every year, especially in the period between October and March. Based on the information from FruitVeB, the Agricultural Sector highlighted...
Read more
NAK is concerned about EU food safety in relation to imported products
While the European Commission requires its own producers to comply with the strictest food safety standards in the world, it allows salmonella-infected Ukrainian chicken meat to enter without restrictions. The...
Read more
Alcampo’s private label range grew by 5% last year
Spanish hyper- and supermarket chain Alcampo launched around 281 private label food, drug and perfume products last year, which meant a 5% rise in its private label assortment compared to...
Read more
An immediate revision of EU regulations on imported products is necessary
While the European Commission requires its own producers to comply with the strictest food safety standards in the world, it allows salmonella-infected Ukrainian chicken meat to enter without restrictions. The...
Read more