News and articles
NGM: the “150 new factories” program helps restore industrial production
According to data from the Central Statistical Office, the volume of industrial production in March 2025 remained at the level of the same month of the previous year, while adjusted...
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Márton Nagy: the most important task is to boost economic growth
Minister of National Economy Márton Nagy called the most important task to boost economic growth, raising it above 3 percent, at the 4th Oradea Economic Conference on Thursday. At the...
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Retail lending and investment appetite at peak at Erste
The momentum in retail lending, which resumed last year, is continuing at Erste. In the first quarter of this year, the volume of newly issued housing loans increased by one...
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LG and the Hungarian National Gallery announce a photo competition
Following last year’s highly successful joint art competition, LG Hungary and the Hungarian National Gallery are collaborating again this year. The parties’ photo competition, entitled “Life is Beautiful! Frame it...
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A Samsung QLED tévéit a TÜV Rheinland „Valódi Kvantumpontos Kijelző” tanúsítvánnyal ismerte el
Samsung announced that its latest QLED TVs have received the “Real Quantum Dot Display” certification from Germany-based international certification body TÜV Rheinland. The certification confirms that Samsung’s QLED TVs meet...
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Authorities seize 3.4 tons of food from a hairdressing factory in Hajmászér
The National Food Chain Safety Office (Nébih) has uncovered serious irregularities in a food production plant in Hajmáskéri: experts have withdrawn 3.4 tons of illegal, partly untraceable and partly expired...
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Make quality visible! Choose the Excellent Product trademark!
For nearly 20 years Hungarian Product Nonprofit Kft. has been using its trademarks to help consumers easily identify domestic products and services. At the same time, the company also helps...
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DSV completes acquisition of Schenker: DSV becomes the world’s largest logistics player
After all conditions and requirements for the approx. DKK 106.7 billion (approx. EUR 14.3 billion) acquisition of Schenker from Deutsche Bahn have been met, DSV has formally completed the acquisition...
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Drought situation receives special attention
The government is preparing a coordinated action plan to prevent drought damage. Thanks to this, actors in the water sector will receive special attention and funding to manage the drought...
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Woolworth Expands with a Department Store Discount Formula
Woolworth in Germany is expanding fast with a discount concept inspired by department store traditions. Fashion and home categories anchor its broad assortment strategy. Despite inflation, the retailer maintains its...
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German trade associations call for more flexible opening hours
The chambers of industry and commerce and local governments in Rhineland-Palatinate, Germany are calling for more flexible rules on opening hours of shops. In a joint position paper, initiators propose...
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Coca-Cola To Invest €1bn In Brazil In 2025
Coca-Cola is stepping up investment in Brazil by 75% year on year as it plans to invest R$7 billion (€1 billion) in 2025 due to strong demand for its products....
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Fertilizer turnover decreased by 27 percent
In March 2025, farmers received 27 percent less fertilizer from the monitored products compared to the previous month, and the turnover of the monitored fertilizers was also slightly more than...
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Sainsbury’s tea returns to Fairtrade label
The move is expected to generate over £1m ($1.34m) a year in Fairtrade Premium payments for farmers and workers. Sainsbury’s is switching back to Fairtrade certification for black tea in...
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Croatia lifts some measures imposed due to foot-and-mouth disease
Croatia is lifting some measures imposed due to foot-and-mouth disease, but is introducing additional provisions to prevent risks, the Croatian Ministry of Agriculture, Forestry and Fisheries announced on Thursday. The...
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Drugstore price cuts could come from mid-May: prices may be reduced in 30 product categories
The Hungarian government is planning to introduce a new markup reduction affecting 30 categories of household goods, which could lead to price drops of 16–18% from mid-May, according to a...
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KSH: retail turnover exceeded the same period of the previous year by 0.4 percent, decreased by 0.5 percent compared to the previous month
In March, the volume of retail sales in Hungary decreased by 0.4 percent based on raw data, while calendar-adjusted (and Easter-adjusted) data show a 0.4 percent increase compared to the...
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NGM is satisfied with the increase in retail turnover Visszajelzés küldése Oldalsó panelek Előzmények Mentve Fordítási találatok állnak rendelkezésre
The March slowdown in retail sales is merely a temporary, technical phenomenon, the background of which is the Easter effect, meaning that in 2024 Easter fell at the end of...
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Eurozone retail sales growth slows in March
Retail sales growth slowed in March in both the eurozone and the European Union on an annual basis and fell compared to February. The European Union’s statistical office, Eurostat, said...
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Is life cheaper beyond Komárom? – Hungarian shoppers flock to Slovakia to save money
According to a recent investigation by Mfor.hu, shoppers from Hungary are increasingly traveling to Komárno, Slovakia, to purchase household goods and groceries at lower prices. Even during the pre-Easter shopping...
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NGM vs. OKSZ: consumption is increasing due to margin reduction – claims the government
According to the Ministry of National Economy (NGM), the government’s margin cut did not reduce, but rather substantially increased retail turnover – the claims of the National Trade Federation (OKSZ)...
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A colorful season: changing trends in the European asparagus market
The 2024 asparagus season also confirmed that one of Europe’s most popular spring vegetables is shaped by numerous challenges and opportunities that vary from country to country. Although Germany still...
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Slowing expansion in April: manufacturing industry downgraded
According to the May business report of the Hungarian Logistics, Purchasing and Inventory Association (MLBKT), the Purchasing Managers’ Index (PMI) fell to 50.2 points in April 2025 from 51.4 points...
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More and more people, but not enough, are adopting the cage-free system
Only 20-30% of the nearly 8 million laying hens in Hungary live in alternative, so-called cage-free systems. The report on the cage-free transition by Farm Animal Protection and the Una...
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Wholesale prices in Austria fell in April
Wholesale prices in Austria fell both month-on-month and year-on-year in April, according to figures released by the Austrian statistical office, Bundesanstalt Statistik Österreich, on Wednesday. Wholesale prices in Austria fell...
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Hungarians are more likely to have cats – these are the products they order for their pets
The demand for pet products on foodora has doubled in the past year. Most people order food for their cats with delivery within half an hour, but various flea products...
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Baby-Mama Coupon Days are back, this year families can enjoy up to 50% off!
Between May 8th and 11th, the Baby-Mama Coupon Days will be held again, during which expectant mothers and families with children can choose from more than 150 coupons from nearly...
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Visit Hungary: the number of visitors exceeded five million and Hungarian tourism continues to boom
This year, even compared to last year’s record tourism year, Hungary welcomed its five millionth guest on May 6, eleven days earlier. Never before have so many Hungarians vacationed within...
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Whether it’s a price hike or not: Hungarians’ desire to travel remains undiminished even in summer
Mediterranean beach holidays remain the top choice for Hungarian travellers in 2025. While average vacation prices have risen by 5–10 percent, early booking discounts and cheaper airfare continue to drive...
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Lidl and Aldi are both seriously preparing for the summer
Starting May 8, Lidl and Aldi will offer a wide range of summer clothing and accessories at discounted prices. From sports shirts and shorts to sneakers and backpacks, shoppers can...
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