Market News
Christmas Baking Will Be More Expensive This Year: How to Save on Ingredients
Christmas baking in 2024 is expected to be significantly more expensive, as the prices of essential ingredients have continued to rise in recent months. Flour, sugar, butter, and eggs—the staples...
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Experts urge organic revolution in public catering
Everything is in place for valuable organic food produced domestically to be included in public catering instead of leaving the country, and all this would cost hardly more than it...
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Loyalty programs offer real discounts, CMA investigation finds
The UK’s Competition and Markets Authority (CMA) has found that loyalty programs at major supermarkets typically provide real savings, with 92% of discounted items genuinely cheaper than their usual prices....
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PwC Digital Finance Landscape: Digital payment solutions are shaping customer decisions
The rapid evolution of digital payment solutions is transforming how we manage our finances. Beyond traditional bank cards, mobile payments, instant transfers, and new-generation Buy Now, Pay Later (BNPL) options...
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YouGov, which acquires CPS GfK, redefines the future of market research
Ten months after YouGov, the market leader in consumer opinion, motivation, needs and media habits research, acquired CPS GfK, the recognised leader in consumer panel services and the leading provider...
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Focus on the promotion of Hungarian food exports in Slovenia
The capital of Slovenia, Ljubljana, is home to the latest business development station of the Hungarian Food Business Program, established by the Agricultural Marketing Center (AMC), which helps Hungarian food...
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MBH Bank: It is already clear how logistics performance can be doubled
Logistics is the lifeblood of the commodity economy, which, due to the logic of its operation, often provides a very accurate picture of the international position, role and economic integration...
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Forty thousand servings of care: food rescue in Hungary has reached a new level thanks to the collaboration between the Food Bank and a Budapest party service company
On November 20, 2024, the joint hot meal rescue program of the Hungarian Food Bank Association and one of the leading catering companies in our country reached its fortieth thousandth...
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Top level oral care
Oral care is no longer just a health issue, but also part of beauty care. A healthy oral cavity and sparkling teeth make a big contribution to the quality of...
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Market knowledge, networking and marketing
This article is available for reading in Trade magazin 2024/11 Márió Spáda, wine category specialist of METRO: “Looking at the main trends, the premium quality is booming, while sales of...
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Cybersecurity: careless domestic firms could be sanctioned
On 18 October the NIS2 – the revised EU cybersecurity directive – came into force, covering thousands of companies in Hungary. This article is available for reading in Trade magazin...
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Agrometeorology: soil sufficiently moistened almost nationwide
Last week’s heavy rainfall sufficiently moistened the upper layer of the soil almost nationwide, so that the crops sown in the fall are mostly in favorable conditions – HungaroMet Zrt....
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Soil preparation work is more favorable compared to last year
According to the operational reports for the date of November 12, the planned area of autumn crops this year is 1.5 million hectares, and soil preparation has been completed on...
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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 the European beekeeping sector, held in Brussels on Thursday...
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The economy is starting to grow, but may grow more slowly than expected next year
The Hungarian economy is expected to grow by 0.5 percent this year and 2 percent next year, according to Erste’s forecast. Inflation is not expected to slow down further in...
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A 1,500 billion forint market with new players: civilians in e-commerce
By downloading a simple and secure application, anyone can help achieve important social goals while shopping online. Hungary is the second country in Europe where NGOs can share in the...
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Minimum wage increase will push the entire wage scale up in 2025
As the end of the year approaches, employees are also increasingly impatient to see if they can expect a pay rise next year. Pay planning processes are currently underway, and...
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Independence will make employees happy – here’s how we can make them that way
Our priorities are changing: according to MIT research, whether we stay at our jobs or quit is no longer primarily determined by professional and career considerations, i.e. it does not...
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Confusing food labels: warning from the European Court of Auditors
Food labels, logos and claims are supposed to inform consumers, but in practice they can often be confusing and even misleading, according to a new report by the European Court...
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Szaloncukor is getting more expensive: the rise in the price of cocoa beans is also affecting the holiday sweets
The price of szaloncukor which is an essential part of Hungarian Christmas traditions, may increase significantly this year. The popular sweet has been available in stores for weeks, but more...
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Bittersweet
This article is available for reading in Trade magazin 2024/11 “We see a growing trend in the bitter market, where we have been able to achieve growth with our flagship...
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Dynamic growth and challenges in the global coffee market
The global coffee market is poised for significant expansion as rising demand and changing consumer habits are giving the industry a new lease of life. At the same time, production...
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NAK: 19 Hungarian products took the lead in the world’s most prestigious cheese competition
At the world’s most prestigious cheese competition, the World Cheese Awards held in Portugal, the products of Hungarian small-scale and artisanal cheesemakers received 2 gold, 9 silver and 8 bronze...
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K&H: young people are more optimistic than a year ago
Young people are more satisfied – this is the overall conclusion of the K&H Youth Index survey, which examined the satisfaction of 19-29 year-olds with their own lives in the...
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Leaving the negative period behind
According to the data by IWSR, 2.57 million hectolitres of wine and 150,000 hectolitres of champagne and sparkling wine were sold in retail in 2023, representing a decline of 1.8%...
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NAK: greater than expected interest in the new CAP Strategic Plan applications
The new CAP Strategic Plan applications received greater than expected interest, with significant oversubscriptions for most of the open calls – the National Chamber of Agriculture (NAK) told MTI on...
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Hungary’s M&A market is going strong
Hungary’s transaction market has remained active in spite of the geopolitical uncertainties, according to a recent EY Mergers and Acquisitions (M&A) report. This article is available for reading in Trade...
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Cattle slaughterings down by more than 10 percent
39.8 thousand cattle were slaughtered in the first half of 2024, 10.4 percent less than in the same period of the previous year. The live weight of the slaughtered animals...
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Food Labels May Fool EU Consumers, New Report Warns
Consumers can easily get lost in a maze of food labels, EU auditors have warned. A new report said food labelling should help people to make informed decisions when buying...
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NAK President: Area-based subsidies are decisive for the operation of Hungarian agriculture
Area-based subsidies are decisive for the operation of Hungarian agriculture, stated the President of the National Chamber of Agriculture and the Association of Hungarian Farmer Associations and Cooperatives (Magosz) at...
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