Market News

French sports goods seller Decathlon to double India sourcing to $3 billion in 5 years

France’s Decathlon aims to double the share of goods sourced from India to $3 billion over the next five years, the sporting goods retailer said on Tuesday, expanding its footprint...

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Profitability of agriculture in 2023: trend break and decline

We used the data from the Test Farm Information System for 2023 for the analyses. The data collection covers a total of 1,855 sample farms, the data of which farms...

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Retailers protest against the reduction of deposit return fees

The National Trade Association (OKSZ) was shocked to learn that MOHU has unilaterally decided to cut in half the fees paid to retailers operating automated return systems for bottles returned...

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The European Commission has adopted a recommendation on voluntary sustainability reporting by SMEs

The VSME (Voluntary Sustainability Reporting Standard for non-listed Micro, Small and Medium-sized Enterprises) is a voluntary sustainability reporting standard developed by EFRAG. It offers a structured and simplified ESG reporting...

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Despite the weakening seen in recent days, the forint can be proud of its performance this year

Since last Friday, the forint has been the worst performer among regional currencies, but compared to the levels seen at the beginning of January, it has shown the best results....

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K&H: the cashback program now also pays attention to teeth

Half of Hungarians have used private healthcare services in the past two years, and more and more people are looking for accessible yet high-quality options. The K&H cashback program now...

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Hungarian traditions and a Mediterranean sense of life can be found at the winners of the Bread of the Country and Innovative Bread awards.

Exciting results marked the 14th Saint Stephen’s Day Bread Competition: in 2025, the winner was the Alföldi Pajta Bread – made with spelt flour, while the innovation category was won...

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Whose trust is it? – this is how the domestic influencer market is changing

Two-thirds of Hungarian internet users regularly consume influencer content, but they are becoming increasingly selective and less susceptible to empty marketing slogans – according to a 2024 joint study by...

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Australia is the winner of the tariff war – Australian beef, wine and wheat may be cheaper in the US market

US President Donald Trump’s new tariff policy has given Australia an unexpected advantage: while he is hitting 69 countries around the world with tariff increases of between 10 and 50...

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Walmart bets big on AI with ‘super agent’ strategy

The retailer is centralizing AI capabilities to avoid fragmentation, noting that the technology is already being utilized by 900,000 associates. Unifying its approach to the technology, Walmart launched a new...

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EU Sees 2% Growth In Ice Cream Production In 2024: Eurostat

Ice cream production in the EU increased by 2% year-on-year to 3.3 billion litres in 2024, according to the latest data from Eurostat. Germany retained its position as the top...

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Oatly Is Launching A Ready-To-Drink Matcha Latte Oat Milk This Summer

Oatly is the latest plant-based milk brand to launch a matcha latte product in the UK Oatly is launching a new matcha latte flavored oat milk just in time for...

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The Hungarian Central Statistical Office (KSH) reported better-than-expected GDP data

In Q2 2025, Hungary’s GDP figures published by the HCSO exceeded preliminary expectations: the raw year-on-year growth rate was 0.1%, seasonally and calendar-adjusted 0.2%, while the quarter-on-quarter seasonally adjusted growth...

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Beer producers are hoping for a hot August

After nearly three percent growth last year, domestic beer consumption significantly declined in the first half of this year. While the overall beer market shows a modest dynamic, certain product...

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Gergely Gulyás: the government is expanding the support program for small-town grocery stores

The government is expanding the grocery store support program launched in settlements with fewer than 5,000 people, the minister leading the Prime Minister’s Office announced on Thursday in Budapest, on...

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High protein content, low utilization – new research on protein bars

In recent years, global demand for functional foods has grown significantly—especially for those marketed as “high in protein.” With the rise of fitness and health-conscious trends, protein bars have become...

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Without adaptation to changing circumstances, a dark future awaits Hungarian agriculture

Although EU experts are predicting better crop yields across Europe, farmers in Hungary – but also in eastern Slovenia and northern Croatia – are facing increasingly serious problems due to...

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Here is the Szupermenta summer seed test: zucchini in the lead role

Experts from the National Food Chain Safety Office (Nébih) tested zucchini seeds in the latest product test of the Szuperminta program. Based on laboratory measurements, the germination capacity of one...

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AM: St. Andrea Vineyard is the Winery of the Year in Hungary

Hungarian wineries work with faith, perseverance, and loyalty, keeping up with changes in technology and consumer habits, and thanks to this, Hungarian wine has been able to further strengthen its...

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Minister of Agriculture: horticultural tenders help maintain

Hungarian melon production Horticultural tenders financed from the rural development framework help maintain Hungarian melon production, and the subsidies can make farming more efficient and safer – said the Minister...

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The post office will deliver food vouchers for pensioners by October 15th

Food vouchers for pensioners will be delivered by the Hungarian Post by October 15. Hungarian Post Plc. announced on Thursday via MTI that it will deliver the food vouchers to...

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K&H: home insurance protects more than just your home

Home insurance not only provides protection against natural disasters and theft, but also against accidents if there is adequate additional insurance. Whether they occur in summer camps, festivals or other...

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Farmers benefit from the amendment to the Nitrate Regulation

The amendment to the regulation on the detailed rules of the action program for the protection of waters against nitrate pollution from agricultural sources and on the procedure for data...

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AM: food sovereignty is a national security issue

The challenges of recent years have shown worldwide that access to good quality and affordable food is no longer just an agricultural policy goal, but also a fundamental national security...

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Bonafarm Group expands in Romania

Bonafarm Group has signed an agreement to acquire Friesland Romania S.A., the Romanian subsidiary of Dutch multinational dairy company Royal FrieslandCampina, the company informed MTI on Thursday. The transaction is...

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Beyond Meat Ditches ‘Meat’ and Seeks a New Identity in the Plant Protein Market

Beyond Meat has dropped “Meat” from its name, rebranding itself as simply “Beyond,” as the company shifts its focus from imitating animal proteins to developing plant-based proteins that stand on...

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L’Oreal to push for tariff exemption as US market improves

L’Oreal warned on Tuesday that the EU’s trade deal with the U.S. would be costly and that the cosmetics maker would push for tariff exemptions, even as it reported improving...

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Agrometeorology: Drought not easing in large areas

Precipitation arrived in many places at the end of last week, but large areas were almost completely left out of the rain. A heat wave is not likely in the...

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Nébih tested zucchini seeds in the Supermint program

Experts from the National Food Chain Safety Authority (Nébih) tested zucchini seeds in the latest product test of the Supermint program, and based on laboratory measurements, the germination capacity of...

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Much less apricot and sour cherry were produced than last year

Among the fruit crops, sour cherry picking was 90 percent complete on July 16. The national average decreased by a third compared to last year, to 3.6 tons/hectare. The yield...

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