Market News

Walmart piloted an RFID receipt check. It didn’t work out.

Walmart recently discontinued a test of a machine that verified purchases people made using the retailer’s scan-and-go checkout solution at one of its stores in Bentonville, Arkansas, a spokesperson for...

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Fishing Association: the fishing industry is an integral part of Hungarian agriculture

The fishing industry is an integral part of Hungarian agriculture – stated the president of the Hungarian National Fishing Association (MOHOSZ) on Wednesday, at the VIII. Fish Day and III. At...

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LR SelfKiosk

Thanks to the vertical and modern, user-friendly interface of the new generation Laurel self-service checkout, customers can see their purchases on a much larger display. It is easy to install...

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No great optimism – say the K&H business indexes

Expectations for large companies are stuck. In the fourth quarter the K&H large business growth index basically remained unchanged, correcting from 0 to -1. This article is available for reading...

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Dr Eszter Varga: I don’t believe in issues, I believe in relationships

… and if we have the right relationships, we nurture and maintain them, then our issues will progress – says Dr Eszter Varga, banker, investor, founding co-owner of PannonHitel Zrt., executive coach,...

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Half of the employees would change, and almost a third of the job seekers would leave their careers

On the domestic labor market, almost every second employee is looking for a new job or is waiting for a good opportunity to come his way and change. Nearly a...

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Shared company bikes and mini offices in the workplace – could this be the future?

First came the open-plan workplaces, then the communal offices, and then the alternately used desks. At the same time, online storage facilities and other digital systems that can be managed...

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Companies fear the cyber security dangers of artificial intelligence

Artificial intelligence is conquering companies worldwide, but they are also worried about the cyber security risks associated with its introduction, according to EY’s international research with more than 1,400 companies....

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In the EU, the expected area of corn has been revised upwards

In the March projection of the International Grains Council (IGC), the 2023/2024., 2024/2025 indicates a global corn harvest of 1,233 million tons, exceeding the economic year by 0.5 percent. financial...

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AI is particularly strong in this area

Artificial intelligence already has a significant impact on the IT labor market, so it can bring many changes this year. Certain jobs remain in demand, but overall, a downward trend...

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Minister of Agriculture: We must protect our agricultural markets

Brussels made an irresponsible decision when it allowed unlimited and duty-free Ukrainian agricultural products into the EU, so we have to make the right decision in June in order to...

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Important change: Nitrate data must be provided in the eGN by March 31

The National Food Chain Safety Office (Nébih) draws the attention of producers to the fact that starting this year, nitrate data must be provided through the electronic management log (eGN)...

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India becomes new target for Suntory investments

Suntory is looking to expand its beverage and nutrition business in India with local partners. As CEO Takeshi Niinami has said, the Japanese multinational is looking to invest much more...

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Lettuce exports increased by more than 50 percent in 2023

According to the KSH data, the area and quantity of lettuce harvested in Hungary has decreased continuously in recent years, but according to the KSH data, an increase was observed...

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ProWein underscores its role as the leading trade fair for the wine and spirits industry

After three busy trade fair days the world’s largest and most relevant trade fair for wines and spirits succeeded in spreading optimism on a currently stagnating market. Top ratings by...

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Covirán Makes Products Healthier To Help Fight Obesity

Spanish cooperative Covirán has completed the reformulation of 176 private-label products, as part of the retailer’s goal to offer healthier options and fight obesity. The launch of the new products...

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Agriculture can meet the challenges through the farming community

With the persistence, knowledge and efforts of the Hungarian farming community, the Hungarian agriculture and food industry can meet the challenges before it and find the answers that can ensure...

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Unilever to spin-off ice cream business

Alongside the spin-off, Unilever announced a “productivity programme”, which will hit 7,500 jobs. Unilever has announced plans to separate its ice cream business from the company. In a statement, the...

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The regulation concerning crop-enhancing substances has been amended

The relicensing procedure has ended, and the license has automatically become indefinite for all crop-enhancing substances that had a license document valid on January 1, 2024. Another significant change is that...

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Important deadline in the SZÉP card case

The government decree draws the attention of SZÉP card users to new changes and important deadlines, based on which banks may charge a fee for unspent benefits. However, due to...

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Will there be drone food delivery in Hungary?

Foodora has reached a milestone, being the first to start delivering food with drones, in cooperation with the companies Tele2 and Aerit. The innovation will be implemented for the first...

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Are the many self-service checkouts problematic?

The spread of self-service cash registers is increasingly associated with an increase in shoplifting, which causes serious losses for retailers. According to a recent survey, nearly 14% of customers admitted...

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Domestic subscription e-commerce could explode

According to industry forecasts, the subscription model of global e-commerce expands by more than 50 percent annually, while in Hungary even greater growth is possible due to the low penetration....

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Easter price drop: holiday products are up to 30% cheaper than a year ago

The prices of the most popular and popular products on the festive table this Easter season are significantly lower than in 2023. The price drop primarily affects goods procured from...

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GKI expects a 3.5% drop in purchased consumption in 2024

In its late December publication, GKI essentially confirmed its September forecast for 2023-2024. GKI lowered its inflation forecast from 18% to 17.7% in 2023 and from 7% to 6.5% in...

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The difference between the producer and consumer price of eggs is gross

After the end of the price cap, legislation came into effect that obliges supermarket chains with high turnover to sell eggs at the gross purchase price. As a result, the...

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Inflation moderated in the euro zone and the EU in February

In February, inflation of 2.6 percent, which was lower than in January, corresponding to the preliminary value, emerged in the euro area, based on the final data published by Eurostat,...

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Business sentiment in German retail deteriorated in February

In February, the German retail industry business sentiment index of the ifo economic research institute of the University of Munich deteriorated. Based on the results published on the website of...

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Electronic payment is becoming more and more important

The spread of electronic payments can be felt more and more clearly in Hungary, which shows an increasing trend every year. According to the professional article published by the MNB,...

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The increase in the price of furniture has stopped

The increase in the price of furniture in the long term continues to paint a worrying picture in Hungary, although according to the latest data, the wave of inflation seems...

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