News and articles
K&H: Hungarian tourists have started, the mobile solution is becoming more and more popular
A significant, double-digit increase can be seen in travel insurance this year, K&H announced. The financial institution signed 11 percent more contracts between January and mid-June than a year earlier....
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Serious decline in Hungarian green pea production
In recent years, Hungary was the third largest producer of green peas in the European Union, and also occupied a prominent place in the export market. This year, however, brought...
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Food prices in China have been falling for twelve months
In June, the annual inflation in China moderated to a greater extent than expected: according to the Wednesday report of the National Bureau of Statistics, consumer prices rose by 0.2...
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MTÜ: the number of Michelin Guide recommended hotels in Hungary has increased to twenty-five
Together with the four new ratings in June, twenty-five Hungarian accommodations have been included among the accommodations recommended by the world-famous Michelin Guide – the Hungarian Tourism Agency (MTÜ) announced...
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The development of fuel and food prices moderated inflation in the Czech Republic
Annual inflation in the Czech Republic dropped to two percent in June from 2.6 percent in May, the Czech Statistical Office announced on Wednesday in Prague. The monthly price decrease...
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There is already lab meat that is just like the real thing
South Korean researchers have developed a pioneering method for the production of artificial meat, which tastes close to meat of animal origin. According to a CNN report, the technology developed...
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AI could be the key to a summer break for sole proprietorships
Today, 620,000 registered sole proprietors in Hungary are wondering how they can relax for at least one, but rather two weeks during the summer. The solution is not impossible, but...
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Consumer opinions about the end of the mandatory promotion are mixed
On July 1, the government canceled the 13-month mandatory promotions in stores, but the Price Monitor is still available on the website of the Economic Competition Authority. In the mfor.hu...
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The competition office particularly monitors the activities of airlines
A Gazdasági Versenyhivatalhoz (GVH) számos panasz érkezik a légitársaságok tájékoztatásaival, illetve egyéb gyakorlataival kapcsolatban, ezért megkülönböztetetten figyeli a légitársaságok tevékenységét, és hatáskörei keretében támogatja a fogyasztóvédelmi eljárásokat – tudatta a...
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A new building ensuring long-term gene preservation was handed over in Tápiószele
Maintaining the diversity of genetic resources, especially with regard to crops for agricultural and food purposes, is an important issue of food security and national strategy.In the new building of...
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Walmart Canada to debut sensory-friendly store hours
Walmart Canada is launching a new initiative to make its stores more inclusive to all shoppers. The retailer is adding sensory-friendly hours at stores across Canada with the aim to make shopping...
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Nestlé invests in speciality protein-foods factory in Germany
The site in Rosbach vor der Höhe houses Nestlé’s Vitaflo business. Nestlé is expanding a plant in Germany dedicated to the manufacture of products for congenital metabolic disorders. The world’s...
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Hungary is a net exporter of both frozen and fresh cherries
According to KSH data, Hungary’s cherry crop ranged between 60.5 and 83.5 thousand tons between 2018 and 2022. According to KSH data, the cherry crop in 2023 decreased by 18...
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Denmark Will Be First To Impose CO2 Tax On Farms, Government Says
Denmark, a major pork and dairy exporter, will introduce a tax on livestock carbon dioxide emissions from 2030, making it the first country to do so and hoping to inspire...
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Domestic berry fruit cultivation could be saved
Even though there is a demand for berries from consumers and the processing industry, domestic cultivation has been pushed into the background in recent decades. Partly due to climate change...
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Growing retail, falling SMEs: what can companies do?
A KSH adatai szerint az év első öt hónapjában javult a fogyasztás. Bár még mindig nem éri el a 2021-es év átlagát, májusban már 3,6 százalékkal nőtt a kiskereskedelmi forgalom[1]...
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What comes after the mandatory promotions?
As of July 1, 2024, a significant change has taken place in the Hungarian retail sector: the mandatory in-store promotions, introduced just over a year ago on June 1, 2023,...
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KSH: in June, consumer prices increased by 3.7 percent on average compared to the same month of the previous year
In June 2024, consumer prices were on average 3.7 percent higher than a year earlier. Compared to May, prices did not change on average, food prices fell by 0.3 percent,...
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MBH Bank analysis: Inflation moderated in June
According to MBH Bank’s latest analysis, the annual rate of inflation fell to 3.7% in June 2024, which is below the previously expected level of 4%. The level of consumer...
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Márton Nagy: the decrease in inflation in June exceeded all expectations
The targeted measures of the government broke down and suppressed inflation. And measures such as the online price monitoring system generate lively retail competition and support inflation to remain at...
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Tesco is introducing a new type of point-of-sale advertising tool in Hungary
On June 21, at the first Tesco Media Supplier Forum held jointly with dunnhumby, which analyzes retail customer data, Tesco presented its improved range of Hungarian retail advertising tools to...
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Lidl’s first tool sample store opens in Biatorbágy
Sorry, this entry is only available in HU....
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In the OECD, inflation increased in May
In the countries belonging to the Organization for Economic Cooperation and Development (OECD), the annual growth of consumer prices accelerated to an average of 5.9 percent in May from 5.7...
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Restaurant software – the minimum is not enough these days
Since the introduction of the NTAK data service, all but the smallest restaurants, brewpubs and catering establishments now have some kind of software. However, the free tool, which is often...
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Big sporting events also help with beer consumption
Although major sporting events temporarily have a positive effect on the development of beer consumption, this year the weather will also decide whether the beer market can correct itself this...
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Synthetic compounds in our food? The Association of Conscious Buyers is the domestic partner of an important EU project
ToxFree Life for All is the EU’s newly launched awareness raising campaign. Its aim is for consumers to reduce the risks of chemicals to their health and the environment. The...
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Budapest will host the European Ecological Farming Congress in September
This year, Budapest will host the European Organic Congress, which will be held on September 10-12. will be held in Vigado in Pest – the Ecological Agricultural Research Institute informed...
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Climate Policy Institute: climate change may cause food prices to rise further
Climate change has a significant impact on the world’s agriculture, the environmental changes together can cause further permanent food inflation in the future, which can be prevented by adaptation, modernization...
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The Budapest airport is again under national majority ownership
Minister of National Economy Márton Nagy and Nicolas Notebaert, president of Vinci Airports, presented the future objectives and business plan of Budapest Airport at a joint press conference. Through the...
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The summer extra tax changes have been published
In the 74th issue of the Magyar Közlöny published on July 8, 2024, three government decrees were announced, which introduce changes and new tax obligations regarding the taxation system, social...
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