Market News
GVH: margin reduction reduced prices, OKSZ disputes the effect
According to the Hungarian Competition Authority (GVH), the margin cap has been effective, as it contributed to lowering the prices of the affected products. Citing data from the online Price...
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OKSZ has spoken out regarding the extension of the margin freeze
Viktor Orbán announced the extension of the margin freeze. The National Trade Association has drawn attention to the eroding and dispersing effect of margin regulation on the economy on several...
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The government has extended the margin freeze
Viktor Orbán announced in the Facebook group Harcosok Klubja that the government has made another decision on the regulation of margins on food and household goods: the margin freeze will...
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Counterfeit food: a serious health and economic risk
Many people believe that primarily luxury goods are counterfeited, but in reality, any type of food can be affected – from pastries and sweets to pasta, cheese, olive oil, chips,...
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KSH: investment performance decreased by 8.0 percent compared to a year earlier
The volume of investments in the second quarter of 2025, according to raw data, fell by 8.0 percent compared to the same period of the previous year. Compared to the...
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Pharmaceutical manufacturers can breathe a sigh of relief: the 250 percent punitive tariff in the USA is not coming
Good news has arrived for European – including Hungarian – pharmaceutical manufacturers: according to BBC reports, the U.S. government ultimately does not plan to impose the previously threatened 250 percent...
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Mall ban adopted: new permit required for operating larger retail stores
On August 18, the Hungarian Official Gazette published the so-called “plazastop” decree, which was submitted by the Minister of Construction, János Lázár. The decision could bring about serious changes in...
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Inflation in Austria accelerated to a more than one-year high in July
Austria’s annual consumer price inflation rose 3.6 percent in July, the fastest since March last year, after a 3.3 percent increase in June, according to final figures from the Austrian...
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Hungary is at the bottom of the EU rankings in terms of financial satisfaction
According to Eurostat data for 2022, Hungary remains in the bottom third of the European Union in terms of financial satisfaction. Hungarians rated their financial situation on average 5.9 points...
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Labubu fever: a new wave of investment is emerging around collectible figures
There are more and more signs that collectibles and other collectibles are not just a fad, but also an investment opportunity, writes Telex. Canadian billionaire businessman Kevin O’Leary, a well-known...
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A new era in brewing: from rice to mushrooms – the sustainable beer specialties of the future
Brewing and drinking beer is one of the oldest customs of mankind: the first drinks were made thousands of years before our era, and we have been continuously perfecting the...
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K&H’s child-friendly office has been renovated
Summer break is paradise for children, while for parents it is often a complex task that requires serious organization. While the little ones enjoy their vacation, adults often have a...
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New insecticides can be used to protect against the American grapevine cicada
The National Food Chain Safety Authority (Nébih) has granted an emergency permit for the post-harvest application of the insecticides Karate Zeon 5 CS and Klartan 24 EW to help protect...
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NAK: village economists prepare farm transfer applications for free
The National Chamber of Agriculture and Food is helping its members with a new service: village economists prepare applications supporting farm transfer cooperation for free, submit payment applications and also...
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Turkish tourism has come to a standstill: peak summer traffic decreases for the first time in five years
The number of foreign tourists to Turkey fell for the first time in five years in July, with 6.97 million visitors, down 5 percent from the same month last year,...
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This year’s ÖKO Expo at a new location
This year, for the 6th time, the ÖKO Expo in Debrecen awaits producers, processors, traders, service providers and, of course, consumers interested in organic farming. At the event, the focus...
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The National Chamber of Agriculture and Food is organizing career orientation days
The National Chamber of Agriculture and Food (NAK) is organizing career orientation days to promote agricultural vocational training, together with agricultural vocational training centers – the organization announced to MTI...
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Another privacy scandal in the AI industry: a mass of Grok user conversations leaked
Another privacy scandal has shaken the artificial intelligence industry: according to a report by Les Echos, user conversations of Grok and other AI chatbots have become available in bulk in...
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Just Eat Takeaway Tests Autonomous Ground Robots For Food Delivery
Just Eat Takeaway.com is testing autonomous ground robots for doorstep food delivery, as part of a pilot project with Swiss robotics company RIVR. Just Eat Takeaway.com claims to be the...
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Diageo targets emerging markets with expanded Guinness production
Diageo is planning a major expansion of its new €200 million brewery in Littleconnell, Co Kildare, in response to soaring global demand for Guinness and Guinness 0.0. The upgrade will...
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WAPA: EU apple stocks more than 20% lower than last year
Stock levels are particularly low in Poland, where stocks are almost 65% lower than a year earlier. According to WAPA data as of 1 July 2025, a total of 340.5...
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Lidl to launch ‘Live Well’ logo linking health and sustainability
Lidl GB is set to become the first UK discounter to introduce a health label on its own-label range that also incorporates sustainability criteria. Rolling out later this year, the...
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Ministry of Agriculture: Help arrives for producers who suffered severe spring frost damage
The government is committed to supporting the horticultural sector even amidst the challenges, therefore, following consultation with sector players, the Ministry of Agriculture has created the possibility of advance payments...
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Egg market 2025: price increases and opposing trends in the world
In the third quarter of this year, a decline in both egg production and consumption was observed in the United States, while the sector was characterized by increasing export performance...
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Eurozone economic activity unexpectedly rose to a yearly high in August
The eurozone private sector unexpectedly improved in August, showing its strongest performance in more than a year, driven by the first expansion in manufacturing activity in more than three years,...
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Eurozone inflation remains at 2 percent in July
After June, annual inflation in the eurozone was 2 percent in July, according to final data released by Eurostat, the statistical office of the European Union, on Wednesday. The eurozone’s...
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Tariff war: new challenges for the European food industry
The trade agreement concluded at the end of July between the United States and the European Union could significantly reshape the global food market. While the EU has successfully preserved...
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Nearly two-thirds of Hungarian SMEs plan to raise salaries in the next 12 months
65 percent of small and medium-sized enterprises (SMEs) plan to increase their salaries in the next 12 months, with an average increase of 7 percent, K&H announced on Thursday, based...
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This is how much of Hungary’s cakes and breads were sold this year
Saint Stephen’s Day is also a celebration of Hungarian confectionery and bakery traditions: thousands of visitors tasted the winning breads, as well as the Cake of Hungary, the Sugar-Free Cake...
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Ancient grains and real sourdough: the holiday bread season begins with a new challenge
In August, bread made from the new harvest traditionally appears on the table for the first time, but it matters greatly what ingredients and methods are used in everyday bakery...
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