Market News
KSH: industrial producer prices in October exceeded those a year earlier by 2.6 percent and the previous month by 1.0 percent
In October, industrial producer prices were 2.6 percent higher on average than a year earlier. Domestic sales prices decreased by 0.5 percent, while export sales prices were 4.1 percent higher...
Read more
The popularity of chocolate Santas remains unbroken
Tradition and innovation are both present in the Santa Claus Day and Christmas candy markets. While the older generation is looking for nostalgic flavors, the young are increasingly open to...
Read more
Foreign trade surplus in services was 3.5 billion euros in the third quarter
In the third quarter of 2024, exports of services in euros exceeded the same period of the previous year by 4.2 percent and imports by 1.9 percent. The surplus was...
Read more
PM: Moody’s continues to recommend Hungary for investment
Moody’s continues to recommend Hungary for investment, but due to the uncertain international environment and political disputes in Brussels, it has changed the outlook for the debt rating from stable...
Read more
Let’s eat as many domestic nuts as possible!
The season of walnut cakes has arrived. It is no coincidence that the demand for the essential ingredient for Christmas bagels, zserbó and hókifli increases at the end of the...
Read more
There is some good news about savings
Although middle-aged people have enough savings for seven months on average, 33 percent of them could only support themselves for one month if they had no income, K&H reported based...
Read more
K&H: Many people find their shoes too tight
Although middle-aged people have enough savings for seven months on average, 33 percent of them could only support themselves for one month if they had no income, K&H reported based...
Read more
Fish prices do not increase in Hungary at Christmas – despite the summer heat, there is no problem with supply
Despite the summer heat and rising grain prices, there is good news from Hungarian fish farmers: this Christmas the price of fish will not increase, and buyers will be able...
Read more
Retail sales in Russia slowed, but industrial production growth accelerated, unemployment at record low
Russia’s retail sales slowed in October, while industrial production growth accelerated and unemployment hit a historic low. Retail sales growth slowed to 4.8 percent in October, down from 6.5 percent...
Read more
Innovation and knowledge transfer also play a significant role in increasing sustainability
It is necessary to spread modern technologies and sustainable practices in agriculture to address environmental challenges. This also helps the long-term competitiveness of the sector. The National Environment, Water Management...
Read more
Hungarian cycling publication wins prestigious award
The largest domestic cycling promotion organization, the Hungarian Cycling Club, won 1st place in Content Development with its educational programs in the European Adult Education Platform competition. The publication can...
Read more
Well-used artificial intelligence saves us time and money
The Christmas season can be joyful, but it can also be financially stressful. Spending on gifts, festive meals and travel can easily exceed your budget if you don’t plan carefully....
Read more
New products in the shower and outside!
This article is available for reading in Trade magazin 2024/11 According to a NIQ report, the shower gel market grew by 16.7% year-on-year in the January-August 2024 period. This growth...
Read more
The range of HIR trademarked products has further expanded
On the 10th Jubilee Producers’ Communities Day, 22 products from 12 applicants were granted the right to use the HIR trademark, bringing the number of HIR trademarked products to 238,...
Read more
The range of HIR trademarked products has further expanded
On the 10th Anniversary of Producers’ Communities Day, 22 products from 12 applicants were granted the right to use the HIR trademark, bringing the number of HIR trademarked products to...
Read more
Donald Trump’s planned tariffs pose challenges for the US alcohol industry
US presidential candidate Donald Trump has proposed a 25% tariff on products from Canada and Mexico, which could have a major impact on the US alcohol industry. The proposed measure...
Read more
FAO and AM scholarship program a prominent opportunity for developing countries
Within the framework of the agreement between FAO and the Hungarian government, more than 400 students from 47 countries have received scholarships until the autumn semester of 2024. The Ministry...
Read more
This year’s drought had a negative influence on the performance of the canning industry
This year the domestic canning industry bought a mediocre sweetcorn crop and a weak green pea crop. This article is available for reading in Trade magazin 2024/11 According to the...
Read more
Innovation and knowledge transfer also play a major role in increasing sustainability
It is necessary to disseminate modern technologies and sustainable practices in agriculture to address environmental challenges. This also helps the long-term competitiveness of the sector. The National Environment, Water Management...
Read more
ENVIRONTEC: sustainability and innovation
Three-day trade fair “ENVIRONTEC powered by ÖKOINDUSTRIA” took place at HUNGEXPO and was a real success. This article is available for reading in Trade magazin 2024/11 More than 100 exhibitors...
Read more
Aldi Süd expands its fresh food network
Aldi Süd is expanding its network of fresh produce platforms in the fruit and vegetable sector, with the opening of a new site near Karlsruhe at the end of 2025,...
Read more
The range of HIR trademarked products has further expanded
On the 10th Anniversary Producer Communities Day, 22 products from 12 applicants were granted the right to use the HIR trademark, bringing the number of HIR trademarked products to 238....
Read more
Ferrero invests in hazelnut sourcing as it grows US production
The company awarded $340,000 to Oregon State University and Rutgers University to increase collaboration with local farmers, producers and distributors. Ferrero Hazelnut Company, a division of sweets maker Ferrero Group,...
Read more
Amazon experiencing bottlenecks in logistics
Ecommerce giant Amazon is currently having capacity problems in its logistics centers in Europe. It is now warning sellers that it cannot accept all shipments. This means that merchants might...
Read more
Domestic melon producers have had an average year
Despite occasional market disruptions and fluctuating prices, domestic producers consider this year’s melon season to be average. At a joint meeting of the Melon Working Group of the National Chamber...
Read more
Aldi Süd Unveils ‘Aldi DX’ Digitalisation Arm
Aldi Süd has announced a new umbrella brand for its IT services, Aldi DX, which will be responsible for future digitalisation projects and initiatives operated by the discounter. The ‘DX’...
Read more
Let’s eat as many Hungarian walnuts as possible, and not just in December!
The season of walnut cakes has arrived. It is no coincidence that the demand for the essential ingredient for Christmas bagels, gerbeau and snow cookie increases at the end of...
Read more
Lidl prepares for Biedronka’s market entry in Slovakia
Lidl in Slovakia underlines its claim to price leadership. The discounter is permanently cutting prices on basic groceries, thus anticipating a VAT reduction that will become mandatory at the beginning...
Read more
AM: the importance of the beekeeping sector goes beyond itself
The importance of the beekeeping sector goes beyond itself, honey can be imported, but pollination cannot – stated István Nagy, Minister of Agriculture, at a conference on the future of...
Read more
GKI analysis: Growing budget
When submitting next year’s budget, it is worth reviewing how much the Government has spent from taxpayers’ and creditors’ money over the past 14 years and on what. In agreement...
Read more