Market News
Why was the price stop brought up again?
In his year-end speech, Prime Minister Viktor Orbán once again raised the possibility of imposing official prices if food prices do not fall. The issue has also been raised earlier...
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Pensioners and VAT refunds: will the significant amount remain a dream?
The government has announced that pensioners will receive a refund of VAT on vegetables and fruit from the second half of the year. The measure is intended to ease the...
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Very cautious monetary policy is expected due to the deteriorating inflation trajectory
The MNB kept the key interest rate at 6.50% today, as expected. The two ends of the interest rate corridor remained at 5.50% and 7.50%. Preliminary expectations, rising inflation, and...
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NGM: at the forefront of economic whitewashing – Hungary is the first in the world to make e-cash registers general
The government’s priority goal is to maintain fair market competition and whiten the economy. Hungary is at the forefront of whitening the economy, and many of the government’s online measures...
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How will the world economy develop in 2025?
The global economy will continue to face major challenges in 2025, with Donald Trump’s protectionist policies, trade tensions between China and the US, and the slow growth of the euro...
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Health and sustainability is the engine of this year’s F&B innovations
A sort of duality emerges from the predictions of food trends in 2025. This article is available for reading in Trade magazin 2025/2-3. With the easing of economic uncertainty following...
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German GDP fell in the fourth quarter
Germany’s gross domestic product (GDP) fell by 0.2 percent in the third quarter of 2024, adjusted for price, seasonal and calendar changes, compared to the third quarter, according to the...
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A charity organization offsets the emissions of ten thousand cars in Hungary last year
In 2024, the Hungarian Food Bank Association saved a total of 10,359 tons of expired and defective food, helping 245,000 people in need. The donation of HUF 17.1 billion was...
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Average earnings to increase by 13 percent in 2024
The government is constantly working to ensure that families can manage with more and more money – emphasized Sándor Czomba, State Secretary for Employment Policy at the Ministry of National...
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It is worth checking your home insurance and asking for a professional in case of a problem
Household problems arise suddenly in the home: for example, a blockage is a problem that needs to be solved immediately, and an expert is needed to fix it. However, it...
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The state is experimenting with the wealthy on an untrodden path
The Hungarian state is embarking on an interesting experiment when the most popular savings, Premium Hungarian Government Bonds (PMÁP), do not offer a meaningful yield alternative to the owners –...
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Sainsbury’s to wrap avocados in paper
In a trial that started in 77 stores in January, Sainsbury’s private label twin pack Ripe & Ready avocados are sold in fully recyclable packaging, made from paper and bamboo...
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NFKH: Fifty expired foods and products with manipulated labels were found in a store
About fifty food items that had expired a year ago and manipulated labels were found by employees of the National Trade and Consumer Protection Authority in a store operated by...
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Alibaba founder Jack Ma makes comeback with AI
Alibaba is planning to invest fifty billion euros in artificial intelligence and cloud computing, as the Chinese e-commerce giant says it wants to give a major boost to digital innovations...
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Planet A Foods’ cocoa alternative enters UK
The Munich-based group developed the peanut butter mini eggs with Germany-based Wawi-Schokolade. Germany-based cocoa-free supplier Planet A Foods has entered the UK market with the launch of a chocolate-alternative product...
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Consum Plans To Open 35 Charter Stores In 2025
Spanish consumer cooperative Consum saw significant growth in its Charter franchise in 2024, with sales to franchisees increasing by 12.7% to €781.6 million. The network expanded by 6.7%, adding 43...
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MBH Bank: improving economic prospects, expanding investments, but temporarily rising inflation expected in 2025
Real wage growth, stabilizing investments and further recovery in consumption are expected in 2025, thanks to which the outlook for economic performance is more favorable compared to 2024, it was...
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Eurozone inflation rises to six-month high in January
Eurozone inflation rose to a six-month high of 2.5 percent in January, mainly due to rising energy prices, Eurostat, the European Union’s statistics office, said in a report on Monday....
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Hair care 2025: new directions and market trends
This article is available for reading in Trade magazin 2025/2-3. Mariann Karsai, senior brand manager of Henkel Magyarország Kft. cites NIQ data to tell our magazine: in November 2024 the...
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Tourism results reach new heights
Among the results, he listed the low level of the unemployment rate and the development of employment, adding that 4.7 million people are currently working. The minimum wage is under...
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NGM: pensioners will be able to use VAT refunds extremely easily
Malicious comments and criticisms regarding the VAT refund of pensioners, without information on the exact regulations, are nothing more than simple, old-fashioned political sentiment-raising – this is how the Ministry...
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A Hungarian research group has developed a gene editing process for producing new grain varieties
The cereal grain research working group of the National Laboratory for Agricultural Biotechnology and Precision Breeding for Food Security has developed a gene editing process for producing economically useful grain...
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Moderate optimism and improving prospects in the Central European real estate sector
The majority of Central European real estate market players expect that the economic, investment and financing environment will be more favorable this year than it was in 2024. Deloitte’s seventh...
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Italy’s Esselunga initiates coffee capsule recycling programme
Esselunga has started a new environmental initiative in Milan for recycling used coffee capsules. The goal is to collect and process all types of capsules, regardless of material (plastic or...
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EU agreement reached to reduce food and textile waste
EU member states and the European Parliament have reached a provisional agreement on new rules to reduce food and textile waste. These would reduce waste from food processing and manufacturing...
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Business sentiment in Germany did not improve in February
Business sentiment in Germany in February proved weaker than expected, according to a survey by the ifo Institute for Economic Research, primarily due to a worsening perception of the current...
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27 EU agriculture ministers: a separate agricultural budget is needed, with regionally based subsidies!
European farmers, the daily bread of European citizens, must be protected – the Minister of Agriculture emphasized on Monday on the M1 current affairs channel. According to István Nagy, this...
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Europe’s largest private-label crisp producer further increases production
Belgian Roger & Roger is investing sixty million euros in the renovation and expansion of its plant in Mouscron, near Lille (France). The Croky crisps producer hopes this will help...
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The goal is to double the domestic use of geothermal energy by 2030
The government wants to double the use of geothermal energy by 2030, based on the National Geothermal Utilization Concept adopted last year, said the Deputy State Secretary for Energy Policy...
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Coca-Cola enters trendy prebiotic soda market with Simply Pop
The drink, which contains fiber for gut health and Vitamin C and zinc for immunity support, pits the beverage giant against fast-growing upstarts Olipop and Poppi. Coca-Cola is making its...
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