News and articles
KSH: in June, retail turnover increased by 2.6 percent compared to the same period of the previous year, and decreased by 0.1 percent compared to the previous month
In June 2024, according to the raw data, the volume of retail trade increased by 1.7 percent, adjusted for calendar effects by 2.6 percent compared to the same period of...
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NGM: consumption expansion has been unbroken for the sixth month, with another significant increase in retail sales in June
Based on the latest data from the Central Statistical Office, the volume of retail trade increased by 2.6 percent in June 2024 compared to the same period of the previous...
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Retail sales in the euro area decreased in June
In both monthly and annual comparisons, retail sales in the euro area decreased in June. According to data published on Tuesday by Eurostat, the statistical office of the European Union,...
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St. Stephen’s Day products are also available at affordable prices this year
The products of St. Stephen’s Day are also available at affordable prices in the SZIN Bistros range – the organizers informed MTI on Tuesday. In their announcement, they wrote that...
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K&H: why do you have to think in a sci-fi way?
Although the use of artificial intelligence (AI) is spreading faster and faster among companies, even experts cannot say when machine intelligence that functions similarly to human thinking will appear. AI...
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Paris 2024 – Tourism has increased significantly, yet the city is very calm
Since the start of the Paris Olympics, 20 percent more tourists have arrived in the French capital and its surroundings compared to the same period of the previous year, while...
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Once again, customers can decide which NGO JYSK supports
JYSK will open a new store in Váci út in Budapest at the end of August. On the occasion of the new store openings, the retail store chain organizes a...
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Every second Hungarian is lost in the grind of work without inspiration, according to Costa Coffee’s research
The Costa Art & Craft creative competition started more than a month ago, and so far the most diverse artistic creations have been received: among others, coffee has inspired a...
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The Hungarian sports drink received new packaging and more active ingredients
The Absolute Live product line has also changed its design with the introduction of the reversible system, which is more convenient to use during sports. The Magyar Brands prize-winning products,...
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A British specialist is coming to the head of Dreher Breweries
A new CEO from England, one of the strongholds in the history of beer production, is coming to lead Dreher Breweries. Mike James was selected for the position based on...
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MBH AgrárTrend Index: Hungarian agriculture is at a height not seen for a long time
A slightly slower than expected, but definite positive turn is visible in the Hungarian food industry The favorable assessment of the situation of the actors of the Hungarian food industry...
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LG has established a new air conditioning R&D lab in Europe
LG Electronics (LG) has established a new aerospace research and development (R&D) laboratory in Frankfurt, Germany. The lab is LG’s third such facility, the company previously opened a similar facility...
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The price of edible wheat rose in Hungary at the end of July
In the July forecast of the International Grains Council (IGC), the global wheat harvest in 2024/2025 is 1 percent higher than the previous season, at 801 million tons. for the...
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Non-alcoholic beer is increasingly popular in Germany
Non-alcoholic beer has been growing in popularity in Germany. In 2023, around 556 million litres worth around 548 million euros were produced in the country. According to the Federal Statistical...
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Jumbo Introduces Own-Brand Butter Featuring ‘1-Star Beter Leven’ Quality Mark
Dutch retailer Jumbo has introduced own-brand butter SKUs featuring the ‘1-star Beter Leven’ quality mark. The new products featuring the quality mark include the Jumbo salted and unsalted cream butter...
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McCain Foods to close UK factory, 115 jobs at risk
Canada’s McCain Foods has conducted a review of its UK business and is proposing the closure of a fries factory. The company revealed it is looking to cease production of...
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Drought damage in agriculture
By the beginning of August, it had reached 75,000 hectares, and the size of the areas declared for drought damage is growing by several tens of thousands of hectares every...
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The producer price of domestic raspberries is lower
According to Eurostat data, raspberries were grown on 180 hectares in Hungary in 2023, and the annual yield was between 460 and 540 tons in recent years. According to KSH...
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Asda co-owner injects £30m to ‘improve store experience’ to stop falling sales
Asda co-owner Mohsin Issa is to inject an emergency £30m to “improve the in-store experience” as sales fall at the supermarket giant. The package will be invested during the remainder...
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AKI: a significant part of meat products was also cheaper than last year’s level in July
In mid-July, producer and processor sales and retail purchase prices of a significant part of pork and poultry meat were lower than at this time last year – read the...
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Dairy products are becoming more expensive in Hungary: what is behind this?
Dairy products are still a favorite of Hungarian consumers, but recently there has been a significant price increase in stores. Some products, especially milk, rose in price by HUF 150-200...
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There are problems on the corn front
This year, the corn season started earlier, which raises the question of whether it could end sooner. Many people are worried whether the popular sweet corn will still be available...
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New leader at the head of the Hungarian Decathlon
Sabrina Jacksteit became the new country director of the domestic Decathlon, who will take up her new position from the first of August. The specialist has been working for the...
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Hungarian businesses do not innovate due to a lack of capital
55 percent of domestic enterprises did not introduce an innovation process in the last two years, the main reason for which was the lack of capital, according to a recent...
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It is a serious competitive disadvantage if you cannot pay by card
The lack of electronic payment options can cause a serious competitive disadvantage for shops. According to research commissioned by OTP Bank, more and more customers in Hungary prefer bank cards...
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Gösser opened a new era in terracing
Gösser Spritz beer cocktails appeared on store shelves and on beer taps in restaurants in May to shake up the domestic beverage offer. What inspired the category-creating novelties and how...
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The tourism tender scheme worth a total of HUF 13 billion continues
Approximately 200 rural casual catering shops and another 100 rural music and dance clubs can call for a total of nearly HUF 300 million in support. The non-refundable subsidy of...
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K&H: the young people have finally crossed the HUF 200,000 mark
The personal income of young people rose to a record level in the second quarter: the monthly net amount exceeded HUF 200,000, according to the K&H youth index, which has...
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The price reduction continues at Lidl: another 190 products are available up to 25% cheaper
Lidl Hungary continues its long-term price reduction program announced to support Hungarian families. In this way, another 190 products are available at an even more favorable price in the stores...
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