Market News
A general decrease characterizes the producer price of slaughter pigs
According to AKI PÁIR data, the producer price of domestically produced slaughter pigs, excluding VAT and transport costs, was 772 forints/kilogram of carcass warm weight in December 2024, a 10...
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The government launches a new digital development program to increase the competitiveness of SMEs
The government is launching a new labor market program with 2 billion forints to develop the digital infrastructure of enterprises. The support can increase the competitiveness, market share, and employee...
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The IT labor market has slowed down, recruitment is a challenge for companies
The IT sector has undergone one of the biggest changes in the labor market in the past few years. While there was still a particularly high demand for employees active...
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Below average AI use at work by Hungarians
Hungarian workers are less likely to use AI for work and personal purposes than the global average, according to a joint survey of more than 150,000 employees in 188 countries,...
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All European trade must prepare for Trump’s tariffs
Europe must prepare for potential trade tariffs from new US President Donald Trump, warned Christine Lagarde, President of the European Central Bank (ECB), at the World Economic Forum in Davos....
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Understanding megatrends can help you achieve sustainable growth
The 2020s are a period of transformation of major global economic systems, when the totality of changes reaches a critical magnitude. Knowledge of the historically significant changes and megatrends taking...
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Ukraine’s accession to the European Union would cripple EU agriculture and ruin Hungarian farmers
Ukraine’s accession to the European Union could have serious, irreversible consequences. The move would make EU agricultural production impossible and would deprive member states, including Hungary and Hungarian farmers, of...
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Carrefour Exits Oman, Expands Delivery In Spain, Launches New Loyalty Programme In France
After nearly three decades of operation in Oman, French retailer Carrefour has ceased its operations in the country. Carrefour, a major player in the Middle East with over 320 stores...
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Amazon: ‘Climate Pledge Friendly-label boosts sales’
Ecommerce giant Amazon has released a study indicating that joining the Climate Pledge Friendly program results in a 12.5 percent increase in sales for sellers on the marketplace. Especially products...
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AB InBev forms energy-drinks “partnership” with 1st Phorm
The companies will work together to launch a new energy drinks brand in the middle of this year. Anheuser-Busch InBev is making a play in the US energy-drinks category through...
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Poultry meat prices did not change significantly
According to AKI PÁIR data, the producer price of live weight chicken for slaughter in Hungary increased by 3.8 percent to 425.9 forints/kilogram in the first two weeks of 2025...
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A report of several hundred pages was prepared on the future of the world
A scientific report of several hundred pages has been prepared on the future of the world, which reveals how global environmental and social crises, such as water and food problems...
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Beyond Meat partners with McDonald’s to offer plant-based chicken nuggets in France
In France McDonald’s has launched a new plant-based product in collaboration with Beyond Meat: Veggie McPlant Nuggets are now available in 1,560 restaurants across the country. Made from pea protein,...
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The United States is leaving the World Health Organization
The United States is withdrawing from the World Health Organization (WHO), Donald Trump, the newly inaugurated 47th President of the United States, announced. Trump justified his decision by saying that...
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Are guest workers really taking away Hungarian jobs?
No, on the contrary: market experience shows that employing guest workers results in more investments and thus in more (and better) jobs for Hungarian workers! However, if administrative restrictions further...
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NAV: Redemption fee is not taxable for private individuals
The National Tax and Customs Administration (NAV) has issued a statement on the tax implications of the 50-forint fee of the mandatory redemption system, which is part of the regulation...
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Make sustainability an easy-to-get bonus
As the financial woes of consumers have eased in the wake of the cost-of-living crisis, the focus has shifted to other fears, such as health and the environment. These concerns...
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GKI: Large investments supported by the government are destroying the local labor market
The Hungarian government has announced several large investments in recent years as part of the country’s reindustrialization. These include CATL and BMW in Debrecen, BYD in Szeged, and the battery...
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More than 5.5 million Hungarians are overweight
Obesity has become one of the most significant epidemics of our time: more than 1 billion people worldwide, and several million in our country, struggle with obesity or overweight, and...
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Majority of shoppers use generative AI without realising it
According to a new study, 71% of consumers in the US are unaware that they are using generative AI while shopping online. This article is available for reading in Trade...
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Croatian Entrepreneurs’ Association calls for uniform reduction of VAT on food
Due to excessive price increases, the Croatian Entrepreneurs’ Association (UGP) is calling for a uniform reduction in the VAT on food products, the organization said on Tuesday, responding to consumer...
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Fad or effective help? – 4+1 misconceptions about airfryer
Hot air ovens, or as almost everyone knows them, airfryer, are becoming increasingly popular, but many of you have probably only recently started using the kitchen appliance you received for...
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The prices of most dairy products increased in December 2024
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was 200.93 forints/kilogram in December 2024. Despite the stagnation of fat content and a 0.04...
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Trenkwalder: The average hourly wage of manual workers will exceed 2,100 forints by the end of 2024
The average gross hourly wage of skilled and trained workers performing manual labor was HUF 2,130 by the end of the fourth quarter of 2024, a 9.1 percent increase compared...
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Small and medium-sized businesses will receive great support this year
The Hungarian government is supporting small and medium-sized entrepreneurs to an unprecedented extent this year, announced Tamás Menczer, a Fidesz-KDNP member of parliament, on Tuesday at the opening of the...
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Surprising things discovered about diet pills
A comprehensive study involving two million people has revealed that popular weight loss drugs such as Ozempic and Wegovy do not only help with weight loss, but can also have...
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Grocery Content on TikTok is Trending
As a powerful marketing tool for businesses across industries, including grocery retailers, the TikTok’s short form engaging videos appeal especially to younger audiences, providing a big opportunity for retailers to...
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Heineken Contributes Close To €5bn To Spanish Economy
Heineken contributed €4.84 billion to the Spanish economy in 2023, equating to 0.3% of the national GDP, a new report prepared by PwC for Heineken España has found – ESM...
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Edeka launches new advertising network in two thousand stores
One of Germany’s leading grocery chains, Edeka, has launched its new nationwide advertising network embracing more than 3,500 digital screens in 2,000 stores. Advertisers will be able to run their...
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Poultry farms can only be repopulated and repopulated under strict conditions following the avian influenza epidemic
The authority will soon lift the restrictions imposed due to the avian influenza epidemic that has been ongoing since October 2024 throughout the country. After that, poultry farms can be...
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