Market News
Inflation remained unchanged in August
In August, consumer prices in Hungary were on average 4.3% higher than a year earlier, in line with our expectations and analyst consensus. Compared to the previous month, prices remained...
Read more
Fitch has improved its global GDP growth forecast for this year
Fitch Ratings, an international credit rating agency, has revised its forecast for global GDP growth this year from 2.2 percent to 2.4 percent, partly due to better-than-expected second-quarter economic data....
Read more
More and more domestic SMEs are turning to the possibility of exporting
In the past three months, the share of SMEs’ revenue coming from exports has started to grow again, according to the Q2 2025 K&H SME Confidence Index. While in the...
Read more
The strategy of the Hungarian Wine Marketing Agency places special emphasis on strengthening foreign markets
The strategy of the Hungarian Wine Marketing Agency (MBÜ) places special emphasis on strengthening foreign markets, increasing Hungarian wine exports, and promoting responsible wine consumption. Last year, Hungarian wine exports...
Read more
New normality in the domestic warehouse market: hybrid supply chains and more disciplined developments
The Hungarian warehouse market has been transformed after the coronavirus pandemic, and a new normal has now emerged, writes Világgazdaság, based on a statement by Ajtony Koppány Bíró, Secretary General...
Read more
Manpower: 25 percent of Hungarian companies plan to increase staff in the last quarter of the year
Hungarian employers expect improved employment indicators for the last quarter of this year: 25 percent of Hungarian companies plan to expand their workforce during this period, while 17 percent expect...
Read more
We mostly use AI in the workplace for information retrieval
In July, GKI conducted a survey on the prevalence of artificial intelligence (AI) among the population on a representative sample of 1,000 people. As our previous analysis showed, 36% of...
Read more
Turning point: there are more obese than undernourished children in the world
For the first time in history, more children and adolescents worldwide are overweight or obese than undernourished, according to a new report by UNICEF. The organization says this shift is...
Read more
The personal loan market has soared
Instead of the previous 10 million forints, a personal loan of up to 15 million forints is now available at K&H for those with the appropriate income. The maximum amount...
Read more
Climate change is redrawing the wine map of our country
The Eger wine region was long known for grape varieties adapted to cooler climates, most notably Egri Bikavér and its white wines. However, climate change has fundamentally reshaped the region’s...
Read more
How has Hungarians’ attitude towards AI changed in 2025?
The 2025 AI Readiness Index, commissioned by Publicis Groupe Hungary and prepared by PwC Hungary, debuted at this year’s AI Summit. The results of the research, which was conducted on...
Read more
Sweden to lower VAT on food
VAT is being halved from 12% to 6%. The government will also set up a “food price commission” to monitor prices in grocery stores. Sweden will halve its VAT on...
Read more
Tesco trials in-store avocado scanners to check ripeness
Tesco has begun testing in-store avocado scanners that allow shoppers to check the ripeness of the fruit before buying, in an effort to help customers plan usage and cut food...
Read more
PepsiCo, Mars, ADM Team Up To Support Regenerative Agriculture In Poland
PepsiCo, Mars and ADM have joined forces to launch a regenerative agricultural programme in Poland that will support 24 farmers in adopting sustainable practices across their crop rotations. The initiative...
Read more
Zala-Cereália reduces mortality of farmed turkeys through feed development
Turkey mortality is decreasing and their weight is increasing more even with less feed, as a result of the recently concluded joint feed development project of Zala-Cereália Kft. and HR-Pharma...
Read more
OKSZ: Inflation no longer justifies maintaining the margin freeze
Based on the development of food prices, the current level of inflation does not justify maintaining the margin freeze, the National Trade Association (OKSZ) said, responding to the latest inflation...
Read more
KSH: in August, consumer prices exceeded the values of the same month of the previous year by an average of 4.3 percent
In August 2025, consumer prices were 4.3 percent higher than a year earlier. Compared to July, prices remained unchanged on average, the Central Statistical Office (KSH) reported on Tuesday. In...
Read more
István Madár: Inflation would be higher without price caps
In August, the consumer price index stood at 4.3 percent in Hungary, the same level as in July, according to fresh data from the Hungarian Central Statistical Office (KSH). The...
Read more
NGM: Margin reduction extended, delivery of food vouchers continues
According to a statement from the Ministry of National Economy, the margin reduction has been extended until November 30, and the delivery of food vouchers worth 30 thousand forints continues....
Read more
Vodka – the new faces of colourless
Vodka is still the most popular spirit in Hungary. The category is dominated by domestic brands, but the owners of major international brands also play a big role in the...
Read more
Brands under the Christmas tree
This article is available for reading in Trade magazin 2025/8-9. Linda Takács, head of beauty and personal care at Unilever Magyarország Kft. cites NIQ data to tell: in the 2024...
Read more
AM: the government is helping Hungarian food producers with a 300 billion forint development program
In Coop’s corporate philosophy, social responsibility and commitment to the community are always given a high priority, in addition to the high quality of its food. In this spirit, the...
Read more
New technology could revolutionize cocoa production
Nestlé researchers have developed a process that can produce chocolate raw materials from previously unused parts of the cocoa crop. The patented technology allows up to 30 percent more raw...
Read more
2025 was another year of drought in Hungary
2025 was another year of drought in Hungary – despite the fact that there was more rainfall than in the infamous year 2022, the groundwater level continued to sink, the...
Read more
Wage tension in the labor market: 6–9 percent increase received compared to workers’ expectations of 15 percent
This year, the majority of Hungarian companies managed to manage a wage increase of between 6 and 9 percent, while the wage growth expectations among employees were much higher, around...
Read more
Small businesses suffer the most from the guest worker restrictions
This year’s tightening of the employment of guest workers has put Hungarian small and medium-sized enterprises in a particularly difficult situation, Telex reported. The new regulation has capped the number...
Read more
AM: our country opposes the EU-Mercosur trade agreement
Hungary continues to oppose the EU-Mercosur trade agreement, which threatens farmers’ livelihoods and food security, Minister István Nagy said at the informal meeting of EU agriculture ministers in Copenhagen on...
Read more
István Nagy: Brussels’ budget plan would direct farmers’ money to Ukraine and ruin agriculture
Brussels’ budget plan would lead to a catastrophe, because while it would direct new substantial resources to Ukraine and the war, all farmers would receive less money, thus putting food...
Read more
The Kraft Beer Festival starts on Thursday in the Dürer Garden
The Kraft Beer Festival starts on Thursday in the Dürer Garden, where you can meet the actors of the domestic and regional craft scene for four days. More than 25...
Read more
Shell Energy and MVM CEEnergy sign strategic gas trading agreement
A ten-year gas trading agreement has been signed between Shell Energy Europe Limited (SEEL) and the Hungarian natural gas trading company, MVM CEEnergy Zrt. (MVM CEEnergy). The agreement is a...
Read more