Market News
Changeable weather and an early harvest define this year’s plum season
This year, the amount of plum harvest may turn out to be more favorable compared to previous years, despite the fact that due to spring frosts and the cold effects...
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Balaton’s free beach was closed
The Veszprém County Government Office temporarily closed the Somos free beach from August 16 due to the deterioration of the water quality of Lake Balaton. According to some reports, the...
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ÉKM: municipalities and employers can once again apply for the bicycle-friendly title
The Ministry of Construction and Transport (ÉKM) and the KTI Hungarian Institute of Transport Science and Logistics are once again announcing the Bicycle-friendly settlement and Bicycle-friendly workplace tenders, to which...
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Häagen-Dazs Launches Limited-Edition ‘Emily In Paris’ Ice Cream
Ice cream maker Häagen-Dazs has unveiled a new global campaign, Be More Emily, as the show Emily in Paris returns on Netflix with its fourth season on 15 August. The...
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Aldi axes click-and-collect service to focus on ‘keeping prices low’
Aldi will put an end to its click-and-collect service to focus on offering the “lowest possible prices” for customers. Shoppers will be able to order online for collection for the...
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Thousands of sales assistants will be missing from the German retail sector by 2027
The German food retail sector will be facing a massive shortage of skilled labour by 2027, particularly in sales. According to a study by the German Economic Institute, thousands of...
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Flour is more expensive: a 10 percent price increase is expected
The price of flour in Hungary is about to rise significantly, by about 10 percent, which is caused by several factors. Zoltán Lakatos, the president of the grain processing department...
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Guinness is the official beer of the Premier League
Guinness has announced its first global football partnership. The four-year deal, which starts in the 2024/25 season, will see Guinness become the official beer of the Premier League and Guinness...
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eMAG came up with a fashion store section
Az eMAG online áruház újabb mérföldkőhöz érkezett a Divatbolt szekció elindításával, amelyben több mint 600 ezer féle ruházati termék, cipő és kiegészítő vált elérhetővé. Az online vásárlási élmény fokozása érdekében...
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Tokaj wineries: a wide spectrum in financial performance
The wines of the Tokaj wine region are famous worldwide, but the financial performance of the region’s wineries shows a very mixed picture. While some wineries achieved good results even...
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Fish consumption decreases, prices increase
Extreme weather conditions and declining fish consumption pose serious challenges to the domestic fishing industry. A lack of oxygen in fish ponds, the release of sludge gas and the presence...
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Five seasonal fruits worth tasting with bacon
Opposites attract each other – says the old truth, and it is the same in gastronomy. An entire Asian culinary art is based on the pairing of sweet and sour,...
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K&H: young people focus on traveling and buying a home
Young people with savings mostly want to use their savings to travel, but buying a home is also high on their list of priorities. According to the latest K&H youth...
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Bread of Hungarians – the harvest wreath was placed in the Saint Stephen’s Basilica
For almost a month, the decorative harvest wreath was woven in Hajdúnánás, which was placed in a ceremonial setting on Thursday in the St. Stephen’s Basilica in Budapest. Since 2018,...
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Apples are expensive, the harvest was poor
Due to the weak European harvest, there is a high demand for Hungarian apples, which predicts an increase in prices. According to the forecasts of the Hungarian Fruit and Vegetable...
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Synchronization with EK will also be an available function in eGN this year
The specialists of Nébih are currently working on two major developments in the electronic management diary system (eGN), which will enable the implementation of regular data connection and synchronization with...
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Lenovo’s quarterly profit and revenue increased
The quarterly profit and revenue of the world’s leading personal computer (PC) manufacturer, Chinese Lenovo, rose sharply, partly due to the increase in demand for PCs, the company announced on...
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The spread of bluetongue has accelerated in the Netherlands
The number of cases of bluetongue, which attacks ruminant animals, has increased in the Netherlands, the Dutch authorities announced on Thursday, and the epidemic is also spreading in Belgium, France...
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Insect-Based Pet Foods Get Thumbs Up From Pet Owners
Some 62% of cat owners and 52% of dog owners believe that insect-based pet foods are an effective alternative to traditional pet foods, particularly when sustainability considerations are taken into...
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Agrometeorology: plants are suffering from drought, the heat is only slowly easing
Summer crops are suffering from drought all over the country, however, the rainfall during the long weekend significantly alleviates the drought in only a few places, and the heat is...
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Expanding production, increasing efficiency in Hungarian vegetable production
In the past decade and a half, there has been a significant improvement in efficiency in domestic vegetable production, which is most strikingly reflected in the yields, said Minister of...
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Walmart owns the top 5 private label brands
Numerator’s updated Private Label Trends Tracker has found that nearly all U.S. households purchased private label products in grocery, health and beauty, household, and home and garden categories over the last 12 months,...
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Arsenal signs Chivas Regal
With transfer deadline day two weeks away, Arsenal has announced a multi-year partnership with Pernod Ricard-owned Scotch whisky brand Chivas Regal. Chivas Regal will be supporting both the men’s and...
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A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy
A new top organization called the National Trade Office could be created, which would come under the Ministry of National Economy headed by Márton Nagy, Népszava reported. Consumer protection control,...
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K&H: Almost two-thirds of businesses are planning development
The majority of domestic micro, small and medium-sized enterprises, 61 percent, plan to make some kind of investment in the next year, according to the latest data of the K&H...
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KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2 percent, or 3.7 percent less than a year earlier, adjusted for the working day effect. The significant difference compared to...
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In the second quarter, GDP grew by 0.3 percent in the euro area and in the EU on a quarterly basis
In the second quarter of this year, with a seasonal adjustment, the gross domestic product (GDP) increased by 0.3 percent compared to the first quarter in both the euro area...
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There is a lot of uncertainty among SMEs
The Economic and Business Research Institute’s (GVI) Quarterly Economic Index for July 2024 shows a significant decline compared to the previous quarter. The value of the indicator decreased from +20...
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Pensioners are in a difficult situation at the cash register
According to the latest data from the Central Statistical Office (KSH), inflation continued to accelerate in July, rising to 4.1 percent on an annual basis. This value is higher than...
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Dr. András Tóth: The GVH also actively deals with artificial intelligence
There is a lively international interest in the market research of the Economic Competition Authority, which was launched by the national competition authority at the beginning of the year, and...
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