Market News
The National Trade Association is preparing a proposal to eliminate margin squeeze
In order to avoid further uncertainty, the international food retail enterprises of the National Trade Federation (OKSZ) are proposing to the government a smooth phasing out of the margin freeze,...
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Only two EU countries have higher inflation than Hungary
The European Inflation Outlook of the Private Banker compared the inflation data for March and April and concluded that despite the decrease in Hungary’s annual inflation rate of 4.2 percent,...
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Bankmonitor: More than 19,000 billion HUF is lying unsecured with Hungarians
According to MNB statistics, Hungarians held 19,236.1 billion forints in cash and freely in their bank accounts in the first quarter of 2025. Every Hungarian has more than 2 million...
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The secret to successful digital transformation – according to KPMG
Companies continue to watch their competitors’ moves with a wary eye, but this is no longer the main influencing factor when deciding on digital investments. In the past two years,...
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Spring tax package 2025 – wide-ranging changes in several tax codes
The Ministry of National Economy has submitted the draft of the spring tax package to the Parliament, which includes amendments to several tax codes. EY experts provide information on the...
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An international breakthrough in the life of chocoMe Atelier: the prestigious International Chocolate Awards have catapulted Hungarian bean-to-bar chocolates to the forefront of the world
chocoMe Atelier’s bean-to-bar collection has earned four silver and three bronze medals at the European round of the International Chocolate Awards, widely regarded as the most prestigious competition in the...
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EU AI Act – EU Artificial Intelligence Regulation
Regulation (EU) 2024/1689 of the European Parliament and of the Council introduces comprehensive rules on the use of artificial intelligence in the European Union. The entry into force of the...
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K&H Analyst Commentary: Hungarian wages continue to slow down
Based on the current outlook, net real wages may increase by 3.8 percent this year. Wage dynamics have been slowing down continuously since the beginning of last year, and the...
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Jerónimo Martins targets 300 store openings in 2025
Portuguese retail group Jerónimo Martins plans to invest EUR 1.1bn in 2025, mainly in Poland and Colombia. This article is available for reading in Trade magazin 2025/5. The goal is...
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Essential oil market with new directions: consciousness is shaping the demand
The essential oils renaissance has brought new product forms and usage patterns – and also a shift in the entire market approach. This article is available for reading in Trade...
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Skin beautification doesn’t just depend on creams – what does the dietitian say?
The beauty industry has long emphasized the role of topical skin care products, while there is growing evidence that the quality of our diet also determines the health and appearance...
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Corn prices up 22 percent from a year ago
Agricultural marketNewsPublication According to Tallage, the spot export price (FOB Gulf) of corn produced in the United States decreased by $1 to $210/ton between April 4 and May 8. In...
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Fruit and vegetable sales up 40% at Kifli.hu
In the last 10 months Kifli.hu sold 9.5 million packs of fruit and vegetables, which was 40% more than in the same period of the previous year. This article is...
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For businesses to grow, expanding their credit portfolio is essential.
For businesses to grow, it is essential to expand their credit portfolio, stressed Zsuzsanna Lukács, Deputy State Secretary for Enterprise Protection at the Ministry of National Economy (NGM), on Tuesday...
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Trenkwalder: student workers can expect an average hourly wage of 8 percent higher this summer season
According to data from the ELTE-Trenkwalder School Cooperative in mid-May, employers are offering students an 8 percent higher hourly wage this year, averaging around 2,150 forints. According to the employment...
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More home office job opportunities have opened up in the past year than in the year before
Last year, the majority of affected employees expected a tightening of the regulations regarding home office at their workplace, but when examining the advertised jobs, this phenomenon is not confirmed....
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May 20th is World Bee Day
Get back to nature. Certainly, this advice is often given, whether we are struggling with mental or physical problems. Being close to nature, and especially the presence of bees, can...
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The FAO European Foot-and-Mouth Disease Committee held its plenary session in early May
The FAO Foot-and-Mouth Disease Committee (EuFMD) reviewed and assessed the European situation of the disease at its plenary session in early May. At the meeting, Dr. Szabolcs Pásztor, Chief Veterinary...
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New grant programmes in the field of sustainability
European and domestic agricultural practices are increasingly driven by the green standards of the European Union, state secretary Zsolt Feldman told at a conference. This article is available for reading...
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Pesticide residues in food: What is the situation in the EU?
The risk to human health from pesticide residues remains low, according to the latest report from the European Food Safety Authority (EFSA) for 2023. The results show that 99% of...
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The price of both domestic and imported strawberries has increased
According to Eurostat data, in recent years, 5–7.7 thousand tons of strawberries have been harvested annually in Hungary. Experts expected the harvest of strawberries grown in open fields to begin...
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Lidl Italia Has Invested Over €2.1bn In Italy In Past Five Years
Lidl Italia has invested over €2.1 billion in Italy over the past five years, primarily in new stores, logistics centres, and renovations, reflecting a 35.7% increase, compared to the previous...
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Pan-European farmers’ demonstration against the withdrawal of EU agricultural subsidies
A pan-European farmers’ demonstration was held in Brussels today by the EU producer organisation Copa-Cogeca and 70 European agricultural interest groups. The participants of the action, held with the participation...
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Supporting the beekeeping sector is a strategic interest
Supporting the beekeeping sector and maintaining the interest in beekeeping at an appropriate level is a national strategic interest. The Ministry of Agriculture has paid special attention to the sector,...
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Valio to invest €30m in Finland cheese plant
An automated cheese maturation warehouse will be built at the Joensuu plant, which accounts for “one third” of Valio’s cheese output. Finland-based dairy giant Valio is to invest around €30m...
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Innocent Drinks calls for better access to healthy food
Innocent Drinks, a number of charity partners and the IGD, has published an open letter to launch a new campaign to improve public access to fresh fruit and vegetables. A...
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Compound fertilizer sales increased by 45 percent
Fertilizer distributors sold 518 thousand tons of fertilizer directly to farmers in the first quarter of 2025. Although the volume sold was 2.1 percent less than a year earlier, due...
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Border inspection inspections have started this year too
Government agencies have started the implementation of the 2025 border inspection inspections. According to the law, the land must be utilized with production appropriate to the field of cultivation, or...
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Consumer prices in the euro area rose by 2.2 percent in April, following March
The annual inflation rate in the euro area was 2.2 percent in April, in line with the preliminary estimate, unchanged from the previous month, according to the Harmonised Index of...
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Business, innovation and networking: FRUIT LOGISTICA
Berlin hosted FRUIT LOGISTICA, the world’s leading trade fair for fresh fruit and vegetables on 5-7 February 2025. This article is available for reading in Trade magazin 2025/5. The event...
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