Market News
British spirits company Diageo’s quarterly revenue increased
Diageo, one of the world’s leading premium drinks manufacturers and distributors, reported a quarterly increase in revenue. The British-based company, which also owns the Johnnie Walker whiskey and Guinness beer...
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EU forecast: moderate growth expected despite global economic uncertainty
Despite heightened global political uncertainty and trade tensions, the European Union’s economic growth will moderate this year, with GDP growing by 1.1 percent in the EU and 0.9 percent in...
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Stores are refraining from cross-pricing – but the government is still watching
Bence Gerlaki, State Secretary for Tax Affairs, Consumer Protection and Trade at the Ministry of National Economy, and Izabella Talián, Head of the Trade Policy Department, assessed the effects of...
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It really is about saving your skin!
In 2024 the Hungarian personal care market grew moderately, mainly driven by inflation. This article is available for reading in Trade magazin 2025/5. Value sales were up, while volume sales...
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Margin reduction in drugstores: prices will be reduced on hundreds of products from May 19
In his Facebook post on Monday morning, Minister of National Economy Márton Nagy reminded: “From today, the margin reduction will also start in drugstores! Everyone should pay attention to prices!”...
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Barcodes are being replaced after half a century
A new era in retail is about to begin: the GS1 standard QR codes will be introduced worldwide to replace traditional barcodes. The new two-dimensional codes carry more and more...
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Spain’s inflation slows to six-month low in April
In Spain, annual consumer price inflation fell to 2.2 percent in April, in line with preliminary estimates, the lowest since October last year, from 2.3 percent in March, according to...
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Summer student work season is here: you need to act now
The summer season is approaching, and the student job market is already in full swing: the most popular student jobs are filled within days, while companies are also showing increasing...
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SME Strategies and Industrial Real Estate Market Responses in 2025
Hungarian small and medium-sized enterprises (SMEs) are struggling to survive in a challenging economic environment – balancing inflation, financing obstacles and investment pressure. The HAD Real Estate Business Brunch, held...
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Sainsbury’s partners with Royal Mail to install parcel lockers in stores
Sainsbury’s is the first UK chain to join Royal Mail’s rapidly expanding parcel delivery network. The service is already up and running in six Sainsbury’s stores. This article is available...
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ESG questionnaire from July for companies requesting large loans
From 1 July 2025 a new ESG reporting obligation will enter into force for corporate borrowers. This article is available for reading in Trade magazin 2025/5. According to the new...
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Aldi Süd reorganizes meat refrigerators by animal welfare standards instead of species
Aldi Süd has become the first major grocery retailer in Germany to reorganize its fresh meat section based on animal welfare standards rather than animal type. The change aims to make...
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Kraft Heinz To Invest $3bln In Upgrading US Manufacturing
Kraft Heinz is spending $3 billion to upgrade its US factories, its largest investment in its plants in a decade. The packaged food company is going ahead with the upgrade...
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Carrefour Polska Expands Pistachio Product Range
Carrefour Polska is expanding its pistachio-flavoured product offering to more than 100 SKUs, to meet the growing demand for this increasingly popular ingredient. Pistachios are currently one of the most...
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Berobbant a brazil húsexport: ötszörösére nőtt a marhahús-kivitel az USA-ba
Brazil’s meat industry is off to a strong start in 2025, with both pork and beef exports showing double-digit growth—particularly toward the United States. According to the Brazilian Animal Protein...
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Bánki H. Dezső kapta idén a Vetőmag Szövetség-díjat
Több évtizedes zöldségvetőmag-előállítói tevékenységért, valamint a Vetőmag Szövetség Szakmaközi Szervezet és Termékben hosszú időn át végzett kiemelkedő munkájáért az idei évben Bánki H. Dezső, az orosházi Orosseed Szövetkezet ügyvezetője kapta...
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Hungary may declare exemption from foot-and-mouth disease at the end of May
No new cases have been detected since the last outbreak of the foot-and-mouth disease virus, and the longest part of the incubation period is “over”. If the situation remains like...
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Call for young farmers launched
Supporting generational change is a priority in Hungarian agriculture, as this sector cannot remain competitive without young people. One of the highlights of this is the call for non-refundable support...
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EU Agri-Food Trade in January 2025: Rising Imports Outpace Export Growth
High commodity prices drive surge in imports, reducing the EU’s trade surplus despite steady export performance. In January 2025, the European Union’s agri-food exports reached €19 billion, marking a 1.5%...
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MBH Analysis Center: The rate of store closures has decreased to pre-Covid levels
There was a significant slowdown in the closure of retail stores in the second half of last year: a third of stores closed compared to the first half. The number...
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Chicken and eggs are getting more expensive: another wave of price increases hits Hungarian households
Hungarian households are facing another wave of food price increases, with poultry and eggs becoming significantly more expensive in early 2025. According to the latest report from the Agricultural Economics...
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Hungary Withdraws Retaliatory Ban on Meat Imports from Neighboring Countries
The Hungarian government has officially revoked its recent ban on meat imports from several neighboring countries, including Poland, Croatia, the Czech Republic, Slovenia, and Romania. The decision was published in...
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Sport as a strategic brand experience
Today sport is way more than just a sponsorship platform: it is a complex, experience-based interface between brands and consumers. In this article we show how brands are harnessing the...
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Adjusted for inflation, household wealth has not grown as much
The median net wealth of Hungarian households rose to 30.6 million forints by 2023 – but inflation and inequality cloud the picture. According to the latest “What do we live...
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Both consumers and producers benefit from initiatives promoting local products
Local products are becoming increasingly popular among customers, which also represents an excellent opportunity for local producers and businesses producing artisanal food. The success of the exemplary store launched by...
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Nothing is certain in the world, except taxes – or are they not even certain anymore?
Coping with a dynamic and often unpredictable economic environment, effectively applying generative artificial intelligence in tax, and developing tax teams – these are the three key tasks facing tax leaders...
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Hungary faces historic cherry crop failure due to spring frosts
Hungary’s cherry sector is experiencing its worst year in 25 years, with spring frosts wiping out 70–80% of the expected harvest, according to Pénzcentrum. Farmers anticipate just 2,000–3,000 tons of...
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Experiences and indulgence at this year’s Grüne Woche
Grüne Woche, a top event of the agricultural and food industry, took place in Berlin at the beginning of the year. This article is available for reading in Trade magazin...
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Think Calmly! – the GVH helps with information materials
The digital world, including influencers, has an increasing impact on consumers’ everyday lives. The Hungarian Competition Authority (GVH) is therefore paying special attention to the advertising activities of opinion leaders...
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Péter Szijjártó spoke out against Ukrainian imported GMO foods
Hungary will vote against the European Union’s extension of unlimited, full duty-free access to Ukrainian agricultural products, as it would cause serious damage to member states, Foreign Minister Péter Szijjártó...
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