News and articles
In the Shadow of Child Labor – the latest episode of the NMHH Podcast deals with kidfluencers
The opinion leaders of today are influencers, who can also be considered brand ambassadors, who build a financial model on their popularity. But why do we expect the faces of...
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These are Lego’s most expensive worker sets – rare sets at astronomical prices
Every year, LEGO surprises its employees with exclusive sets that are never released to the public. These rare, limited-edition sets become highly sought-after collectibles, often selling for exorbitant prices on...
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K&H has once again received the title of “Hungary’s Best Digital Bank”
For the third time in a row since 2022, K&H Bank has won the “Best Digital Bank in Hungary” award, awarded by the renowned British financial magazine, Global Banking and...
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OKSZ: margin is not profit!
The international food retailer member companies of the National Trade Federation (OKSZ) would like to share the following facts regarding the news published in recent days regarding food inflation. Margin...
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Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase price, the prime minister said on Friday in Kossuth Radio’s Good Morning, Hungary! program. Viktor Orbán justified the introduction of...
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Margin freeze versus VAT reduction: a solution to inflation or a field for political debate?
The government has been implementing a margin freeze since mid-March, which limits the margin on 30 basic foodstuffs to 10 percent. The measure aims to reduce inflation and curb unreasonably...
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GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic foodstuffs, especially milk and eggs, has received special attention, affecting broad segments of the population. The development of high food...
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British consumers and biodegradable bottles: they are willing to pay more, but it is not enough
British consumers are willing to pay a higher price for water packaged in biodegradable plastic bottles, but the premium does not cover the significant additional cost of production, according to...
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Online grocery shopping also surged ahead of Christmas
The run-up to Christmas affected sales by online supermarket Kifli.hu in December 2024, not only boosting the basket value but also the shopping frequency. This article is available for reading...
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Bottle return 2025: this is how the system works in Hungary
The DRS will continue to provide consumers with the opportunity to contribute to environmental protection and sustainable waste management in 2025. Through further development of the system and increased consumer...
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Ice cream season in 2025: prices, trends and new flavors in Hungarian ice cream parlors
Although most of the country was greeted by cloudy, rainy weather on the weekend of March 15, this did not prevent ice cream lovers from tasting the first scoop of...
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LEGO is building its own video game development division – a new era begins
LEGO is opening a new chapter in its video game strategy: the company announced that it will strengthen its own development team and reduce its dependence on external partners. With...
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NAV inspections in spring: these businesses may be targeted
The National Tax and Customs Administration (NAV) will continue its targeted inspections in the spring of 2025, focusing primarily on catering establishments, solariums, garden centers, butcher shops, fruit and vegetable...
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Many applications for farmers and the payment of agricultural subsidies is being completed at a good pace
The payment of agricultural subsidies is progressing faster than last year, and area-based subsidies are arriving at farmers at a steady pace. After the 2024 unified applications, the Hungarian State...
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Csaba Balázs Rigó: the temporary application of the margin stop serves the interests of the Hungarian people
The President of the Hungarian Competition Authority (GVH) firmly believes that the temporary application of the margin freeze for a specific period serves the interests of Hungarian people – primarily...
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Gift ideas from AI
Just before Christmas Target’s generative AI-powered Bullseye Gift Finder made its debut in the US. This article is available for reading in Trade magazin 2025/2-3 Available on the app and...
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Margin stop: Exaggeration or necessary step? OKSZ’s criticism of the government’s measures
The government’s margin freeze has sparked another controversy in the food retail sector. The measure aims to prevent unreasonably high margins on basic foodstuffs, but according to the National Trade...
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Plant-based products can substitute meat, eggs and milk for a more sustainable future
A growing number of people are choosing plant-based products instead of conventional foods, which not only has health benefits but also environmental advantages. This article is available for reading in...
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Measures taken regarding foot-and-mouth disease are effective
Hungarian disease control measures against the foot-and-mouth disease virus are effective, therefore EU countries can lift import restrictions on our country, said István Nagy. The Minister of Agriculture added that...
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Donald Trump has threatened heavy tariffs on alcohol products from the European Union in response to the EU’s announced tariffs on American whiskey
US President Donald Trump threatened to impose heavy tariffs on alcohol products exported from the European Union to the United States on Thursday in response to the European Union’s tariffs...
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AM: measures taken in connection with foot-and-mouth disease are effective
Hungarian disease control measures in connection with the foot-and-mouth disease virus are effective, therefore EU countries can lift import restrictions against Hungary. According to the European Commission’s implementing decision, an...
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The World’s Best Gastronomic Cities in 2025 – New Orleans at the Top
Time Out magazine has compiled its 2025 ranking of the world’s best gastronomic cities with the participation of thousands of locals. The evaluation took into account 18 different criteria, including...
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Scandalous results of Dubai chocolates: most of the chocolates failed due to health risks
German food inspection authorities have uncovered serious problems in testing chocolates from Dubai. In tests carried out in North Rhine-Westphalia, 96 percent of products from foreign countries failed, but even...
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The 2024 vintage wines performed excellently at the XXI. Synvino Wine Competition
A total of 400 entries were received from 18 wine regions of the country for the 21st Syngenta Wine Competition. This year, the best Synvino awards went to the 2017...
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The rabbit meat market: international trends and domestic challenges
Rabbit meat is one of the healthiest sources of protein, as it is low in fat, high in protein and easy to digest. Despite this, its consumption in Hungary is...
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The new green loan comes with favorable terms
K&H will launch a new green home loan on the market from April, the financial institution announced. Including the discounts, the interest rate can be as low as 5 percent...
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Pálinka distilleries must thrive in a shrinking market
Hungarian pálinka distilleries are finding themselves in an increasingly difficult situation as the market continues to shrink. According to Mónika Czakó, CEO of Bestillo Pálinkaház, pálinka sales peaked in the...
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Wholesale price growth in Germany slowed on a monthly basis, but accelerated on an annual basis in February
In Germany, wholesale price growth slowed down on a monthly basis in February, but accelerated on an annual basis, according to data released by the German Federal Statistical Office, Destatis,...
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Research program to help predict crop yields and identify plant diseases launched at SZTE
The project, which was launched at the University of Szeged (SZTE) with the support of the Advanced research grant of the National Research, Development and Innovation Office (NKFIH), uses spatial...
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Coffee bean prices hit all-time highs due to adverse weather
The world coffee market price hit a multi-year high in 2024, after exceeding the previous year’s average by 38.8%, mainly due to adverse weather in major producing countries, the Food...
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