Market News
US consumer sentiment worsened in September, according to a University of Michigan survey
The University of Michigan’s consumer sentiment index fell in September. The University of Michigan’s consumer sentiment index fell to 55.1 in September, the lowest since May, from 58.2 in August,...
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SZÉP card: 49 billion forints spent in August, 5.5 percent increase
In August, SZÉP cardholders spent a total of 49.1 billion forints on their cards, which was 5.5 percent more than in the same period of the previous year, according to...
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The store of the future is already open
In retail trade the automation of payment processes has become unavoidable by now. This article is available for reading in Trade magazin 2025/8-9. Self-checkouts, Scan&Shop terminals and smart payment alternatives...
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Most companies are not ready for cyber auditing
The preparedness of domestic companies for the full implementation of the NIS2 Directive paints a depressing picture. According to recent research by one of Hungary’s leading server market players, although...
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Development and knowledge transfer in the service of agriculture – Nébih’s demonstration plant project successfully concluded
The National Food Chain Safety Office (Nébih) was able to implement its plans for the demonstration plant program and development of its Variety Testing Stations in 2024-2025, within the framework...
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The labor market has stalled after the July surge
In August, the number of employed persons among the working-age population aged 15-74 was 4 million 676 thousand, which is 36 thousand lower than the July level and 37 thousand...
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AppLyfe: Hungarian development helps keep household supplies under control
A new Hungarian mobile application, AppLyfe, simplifies household inventory management and shopping organization. The app is available in a freemium model, so anyone can try it out for free. The...
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Minister of Agriculture: We will protect the vineyards!
The government has adopted an action plan to protect the wine sector, in connection with the protection against golden yellows – the Minister of Agriculture announced in his video message...
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Edeka remains Germany’s favorite grocery retailer
For the sixth consecutive year, Edeka has secured the top spot as Germany’s most popular grocery retailer, according to the latest Retailer Perception Monitor by market research firm YouGov. Globus...
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The Romanian government has extended the margin restrictions on basic foodstuffs
The Romanian government has extended the margin limit on basic foodstuffs at its meeting on Thursday, Agriculture Minister Florin Barbu announced. The margin freeze was due to expire on September...
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Mészáros Group: Talentis Agro Group has increased its irrigated areas
The new irrigation farms of Bakuczi Irrigation Community Kft. and Csárdaszállási Irrigation Community Kft. have been handed over, thanks to the investments made of nearly 1.6 billion forints, the irrigated...
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Two million pensioners have already received their food vouchers
We are making good progress: Magyar Posta is working full steam ahead – wrote Minister of National Economy Márton Nagy in his Facebook post on Friday....
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The Magnum Ice Cream Company taps NotCo AI for product innovation
The Ben & Jerry’s owner plans to use the startup’s artificial intelligence platform to address some of the industry’s “most complex growth and innovation challenges.” Unilever’s The Magnum Ice Cream Company...
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Plant-based dog food cuts environmental “pawprint,” UK study reveals
Plant-based dog food production has a lower impact on the environment compared to red meat options, a study by the University of Nottingham, UK reveals. The findings can provide sustainability-conscious...
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A new Hungarian development utilizes mushroom production waste
A new development by Bio-Fungi Kft. and the Hungarian University of Agricultural and Life Sciences (MATE) utilizes mushroom production waste – Bio-Fungi told MTI. The consortium’s project, which began in...
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The 2025 Symbol of Sustainability Awards have been presented
Trade magazin announced the Symbol of Sustainability competition for the sixth time and it is now traditional that the awards are presented at the five-day Business Days conference – this...
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MNB Director: The rate of price increases may decrease permanently to the central bank’s tolerance band at the beginning of 2026
The rate of price increases may permanently decrease to the central bank’s tolerance band in early 2026 and reach the 3 percent inflation target in early 2027, said András Balatoni,...
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The Chamber of Agriculture expects the domestic mushroom market to stabilize in the coming months
This summer, the demand for fresh mushrooms fell more than in previous years, while at the same time there was a strong oversupply not only in the domestic market, but...
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KSH: the number of employed people in August was 4 million 676 thousand, the unemployment rate was 4.4 percent
In August 2025, the average number of employed persons aged 15-74 was 4 million 676 thousand. The number of unemployed persons was 215 thousand, and the unemployment rate was 4.4...
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More vegan options available at Sziget festival
This year’s Sziget Festival has reached new heights in hospitality: in addition to traditional and international dishes, visitors were treated to more vegan, vegetarian and free-from options than ever before....
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Salary transparency does not mean that anyone can freely browse their colleague’s salary
The EU Pay Transparency Directive will enter into force next summer: although the domestic transposition legislation is still pending, it is important to know that the principle of “equal pay...
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Barion acquires ownership of the company operating OkosKassza
Barion has been present mainly in online purchases, but now a new chapter in the company’s life begins: the Hungarian payment service provider is entering the offline world as well....
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Developments in the mushroom sector are coming to fruition
Hungary plays a key role in EU mushroom production, and alongside the Netherlands and Poland, Hungary supplies the EU mushroom market. The domestic mushroom market can be said to be...
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National Innovation Agency: 50 out of 115 PhD students receive scholarships in the Pathway to Business program
One hundred and fifteen PhD students have applied for the National Innovation Agency’s (NIÜ) Pathway to Business program, fifty of whom will be able to build successful Hungarian Deep Tech...
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Profession.hu connects employees with domestic civil society organizations through free job advertisements
Hungarian employees find companies that offer the opportunity to support civic foundations with voluntary work during working hours particularly attractive – according to a national, online survey representative of the...
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Registration opens for the European Week for Waste Reduction 2025 campaign
Registration for the European Week for Waste Reduction 2025 campaign will start on Thursday, announced State Secretary Anikó Raisz at a press conference in Budapest on Thursday. The State Secretary...
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K&H: credit card in just a minute – a new era in banking
K&H Bank’s AI-powered developments are taking the customer experience to a new level: personal loans, credit cards and overdraft loans can now be applied for and obtained in just one...
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National, joint action to curb golden yellow disease
A multi-element national action is being launched to curb the golden yellow disease of grapes. The national action plan is being implemented in cooperation with the Ministry of Agriculture, the...
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AI, unfair trade practices, public signals and HR cartels in the focus of competition authorities
In the case of unfair commercial practices, the size of the fines can rival those imposed in cartel cases, according to a joint conference of the international law firm Baker...
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István Nagy: We are taking Hungarian agriculture into the 21st century
We are taking Hungarian agriculture into the 21st century, but on this path we cannot be successful without schools and the future generation, we must now lay the foundation for...
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