Market News
In addition to the Italian automotive industry, the exports of prosecco and parmesan cheese could be hit the hardest by the introduction of US tariffs
Date: 2025-04-02 10:02:10
In addition to the automotive industry, exports of Italian agricultural products, including prosecco wine and parmesan cheese, are at risk from the planned introduction of tariffs in the United States,...
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Nébih: Foot-and-mouth disease has appeared in new farms
Date: 2025-04-02 10:00:32
The laboratory of the National Food Chain Safety Office has confirmed the presence of the foot-and-mouth disease (FMD) virus on two cattle farms in Győr-Moson-Sopron county. The classic symptoms were...
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Walmart deploys AI for fresh produce monitoring and forecasting
Date: 2025-04-02 09:24:26
Walmart Inc. continues to improve oversight of its fresh produce supply chain with artificial intelligence technology. The discount giant is deploying custom-built solutions on the Cropin generative AI-equipped agricultural intelligence platform...
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Retailers fight customer churn with loyalty programs
Date: 2025-04-02 09:20:42
Two-thirds of retailers offer loyalty programs, Salesforce found. Rewards play a powerful role in retaining customers, especially as prices rise. Two-thirds of retailers offer loyalty programs, according to a Salesforce...
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Beiersdorf among the first to offer Nivea-products on TikTok Shop in Germany
Date: 2025-04-02 09:07:03
Beiersdorf, the manufacturer of the world-famous Nivea brand, was one of the first to join TikTok Shop, which has been available in Germany since 31 March, Lebensmittelpraxis reports. The e-commerce...
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Foot-and-mouth disease virus appears on two more farms in Győr-Moson-Sopron County
Date: 2025-04-02 09:00:29
The foot-and-mouth disease virus has appeared on two more farms in Győr-Moson-Sopron County, in Darnózseli and Dunakiliti – the Minister of Agriculture said in a video uploaded to his Facebook...
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Rising prices of services are driving inflation – not food
Date: 2025-04-01 12:32:19
Although food prices continue to be the focus of public discourse and government measures, according to the latest statistics, it is not food prices but service prices that currently pose...
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MLBKT: BMI indicates further recovery in March
Date: 2025-04-01 11:59:36
The seasonally adjusted March value of the Purchasing Managers’ Index (PMI) is 51.2, the Hungarian Logistics, Purchasing and Inventory Company (MLBKT) told MTI on Tuesday. In March, respondents reported a...
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Róbert Zsigó: margin stop is necessary
Date: 2025-04-01 11:50:39
Tuesday’s data also proves that the margin freeze is necessary – the Parliamentary State Secretary of the Ministry of Culture and Innovation (KIM) said in a video message sent to...
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An attractive selection awaits customers at PENNY even during the holidays
Date: 2025-04-01 11:45:29
PENNY welcomes the Easter holidays with budget-friendly prices and a colorful selection this year. The chain offers quality private label products, 20 types of ham variations and fresh, seasonal Hungarian...
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Despite vaccines and previous illness, almost every animal is a ticking time bomb
Date: 2025-04-01 11:33:59
Although many people believe that vaccination alone can be a solution to protect against foot-and-mouth disease (FMD), the reality is much more complex than that, as revealed in an interview...
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More people would change their current job this year than last year
Date: 2025-04-01 11:12:08
Currently, half of domestic employees are looking for a new job or are open to a new job opportunity, but compared to a year ago, their decision-making process is taking...
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Huge damage in agriculture, innovation of biological bases must be accelerated
Date: 2025-04-01 11:00:55
Modern Hungarian agriculture is past its most difficult five years, the sector is being hit by various problems at the same time, of which the impact of climate change is...
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The Job Fair is coming – there is a huge fight for employees
Date: 2025-04-01 11:00:18
The average wage in Hungary has quadrupled since 2007 (from 185,017 forints to 348,800 forints), and the guaranteed minimum wage for skilled workers has increased nearly fivefold. At the same...
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Help arrives for farmers affected by foot-and-mouth disease
Date: 2025-04-01 10:44:35
The decree enabling government assistance has been published, according to which farmers affected by foot-and-mouth disease can also receive financial support from the Wage Guarantee Fund – informed István Nagy,...
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Eggs are also becoming more expensive in the EU
Date: 2025-04-01 10:30:58
According to data from the European Commission, the EU (EU27)’s egg and egg product imports increased by 35 percent to almost 122 thousand tons in 2024 compared to 2023, while...
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Monthly net income from 312 thousand to 800 thousand forints in the household – what is this enough for?
Date: 2025-04-01 10:21:46
In the first quarter, the average monthly net income of middle-aged households was 592 thousand forints, which is a quarterly and annual increase of 10 and 19 percent, respectively, and...
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Czech Agriculture Minister: Soldiers to strengthen border controls on trucks due to foot-and-mouth disease from Wednesday
Date: 2025-04-01 10:00:13
There is no need to declare a state of emergency in South Moravia due to the foot-and-mouth disease epidemic in Slovakia and Hungary, but soldiers will help control and disinfect...
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SHEIN invests $70m to empower supply chain partners by 2028
Date: 2025-04-01 09:42:00
It also invested $7.5M in Southern China factory upgrades. SHEIN is investing $70m in its Supplier Community Empowerment Program (SCEP) by 2028 to improve manufacturing facilities and worker conditions. So...
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Unilever acquires personal care brand Wild
Date: 2025-04-01 09:35:32
Unilever today announced it has acquired the personal care brand Wild. This marks another step in the optimisation of Unilever’s portfolio towards premium and high growth spaces as part of...
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Prices of both light and heavy lambs have also increased
Date: 2025-04-01 09:30:12
According to the short-term forecast of the Food and Agriculture Organization of the United Nations (FAO), global sheepmeat production was 17 million tonnes in 2024, unchanged from the previous year....
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Walmart to make $6 billion investment in Mexico; adding 1,500 stores by 2030
Date: 2025-04-01 09:23:29
Walmart Inc. is making a big investment to expand its presence south of the border. Walmart de México y Centroamérica (Walmex) plans to invest more than $6 billion in Mexico in 2025...
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Germany remains our most important agricultural foreign trade partner
Date: 2025-04-01 09:00:59
Hungary conducted 87 percent of its agricultural foreign trade turnover with EU countries in 2024. The share of the old member states was 47.6 percent, and that of the new...
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Márton Nagy: Retail turnover growth is currently in the 4-5 percent range
Date: 2025-03-31 12:29:31
This year is the year of economic breakthrough, with growth above 3 percent in the second half of 2025, and a dynamic expansion of GDP expected in the following years,...
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Food industry sales prices rose by 6.1 percent
Date: 2025-03-31 12:10:39
In February 2025, industrial producer prices exceeded those of the previous year by an average of 8.2 percent. Domestic sales prices exceeded the values of February of the previous year...
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Real wages are rising, confidence is growing, retail sales are increasing
Date: 2025-03-31 12:07:08
The dynamic increase in wages continued in January, Sándor Czomba, the State Secretary responsible for employment policy at the Ministry of National Economy (NGM), stated in his statement on Monday....
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German retail sales increase in February
Date: 2025-03-31 12:02:49
German retail sales grew in February, instead of stagnating, as analysts had expected, the German Federal Statistical Office, Destatis, said in a report released on Monday. German retail sales grew...
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The economic sentiment index deteriorated in the EU and the euro area in March, but improved in Hungary
Date: 2025-03-31 11:26:49
The economic sentiment index in the euro area and the European Union deteriorated in March compared to the previous month, while it improved in Hungary, according to a survey by...
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A scientifically proven method for dietary treatment of bloating: What does the FODMAP diet do?
Date: 2025-03-31 11:06:29
FODMAP is not a fad diet, but a clinically proven, effective dietary method that can alleviate the symptoms of irritable bowel syndrome (IBS) by up to 74-86%, the Hungarian Dietitians’...
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KSH: the foreign trade surplus in goods was 1.1 billion euros in February
Date: 2025-03-31 11:03:28
The foreign trade surplus in goods was 1.1 billion euros in February; the adjusted volume of exports was 0.9 percent, while imports were 0.1 percent lower than in January, the...
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