Market News
KSH: the gross average salary was 704,400 forints in June, 9.7 percent higher than a year earlier
In June 2025, the average gross salary of full-time employees was 704,400 forints, and the average net salary was 484,200 forints. The average gross salary was 9.7 percent, the average...
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Generation Z is teaching their older colleagues how to use artificial intelligence
New global research from the International Workplace Group (IWG), the world’s leading workplace provider, shows that Gen Z workers are playing a key role in the adoption of AI in...
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The unemployment rate remained at 4.3% in July
In July, the number of employed persons among the working-age population aged 15–74 was 4,712,000, which is 32,500 higher than the June level, but 14,000 lower than the June level...
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Change is needed in Hungarian agriculture
Change is needed in Hungarian agriculture, the challenges can only be met if we find the change within ourselves – said István Nagy, Minister of Agriculture, on Thursday at the...
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Peach yield average dropped by more than 70 percent this year
The harvest of cereal crops was almost complete by August 13, 2025, with 1 million 477 thousand hectares of the planned 1 million 478 thousand hectares harvested. Producers harvested a...
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Salt war in Ukraine: three years after the loss of Soledar, the country remains dependent on imports
Before the war, Ukraine was one of the largest salt producers in Europe, but the shutdown of the Artemszil plant in Solidarny fundamentally changed the market. Three years later, the...
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Fertilizer sales revenue increased despite lower turnover
Fertilizer distributors sold 783 thousand tons of fertilizer directly to farmers in the first half of 2025. Although the volume sold was 1.4 percent lower than a year earlier, due...
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Pernod Ricard partners with Dole in RTD tie-up
The Malibu & Dole Ready-to-Drink Cocktails range is being produced, marketed and distributed by Pernod’s US arm. Pernod Ricard has partnered with fresh produce and juices group Dole to launch...
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The number of cattle and pig slaughters increased in the first half of 2025
Domestic slaughterhouses produced 234.2 thousand tons of pork and 262.3 thousand tons of poultry meat in the first half of 2025 (carcass weight, cut in poultry, cleaned weight). 50.3 thousand...
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Food allergy labels should be expanded, study suggests
Of the 2,999 cases analysed, 413 cases were linked to eight emerging allergens not currently subject to mandatory labelling. A new study has recommended that allergen warning labels in the...
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EDEKA Paschmann First German Retailer to Use Diebold Nixdorf’s AI-Powered Solution to Combat Shrink at Self-Checkout
EDEKA Paschmann in Düsseldorf is the first supermarket in Germany to use Diebold Nixdorf’s (NYSE: DBD) Vynamic® Smart Vision I Shrink Reduction solution at its self-service checkouts. The AI-enabled technology...
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Agrometeorology: Precipitation is coming, but the amount is not as needed
Rain is greatly needed across the country, and precipitation is coming in the coming days, but the amount is expected to be well below what is needed – HungaroMet Zrt....
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KSH: the rate of wage increases exceeds inflation, the countryside is catching up
According to the latest data from the Hungarian Central Statistical Office (HCSO), in June the average gross monthly earnings of full-time employees amounted to HUF 704,400, while net earnings reached...
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Food industry investment boom possible: nearly 200 billion forints in support decided
The first decisions have been made on supporting larger-scale developments of food processors, announced István Nagy, Minister of Agriculture. Through the tender aimed at the complex development of processing plants,...
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K&H Analyst Commentary: Households will receive support
In June, the gross average wage increased by 9.7 percent year-on-year, while the net average salary increased by 9.6 percent. Thus, the former exceeded 704 thousand forints, and the latter...
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Freedom24 analysis: the most important challenges and opportunities of the fall
As global markets undergo transformation driven by inflation, geopolitical tensions and technological disruptions, retail investors are approaching the autumn of 2025 with significant opportunities alongside heightened uncertainty. The online trading...
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Wheat and corn prices are rising: latest market data from AKI
In Hungary, in the second week of August, table wheat was traded at an average producer price of 77 thousand forints/ton excluding VAT and transport costs – 1 percent higher...
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Several horticultural crops have been exempted from the EKÁER notification obligation
At the joint initiative of the National Chamber of Agriculture (NAK) and the FruitVeB Hungarian Interprofessional Organization for Fruit and Vegetables, an important amendment has been made to the regulation...
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What can we do as parents beyond the world of school canteens and cafeterias?
Back-to-school season is not only about supplies but also about children’s eating habits. According to the Hungarian Dietetic Association (MDOSZ), today one in four primary school children is overweight, while...
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AM: we must protect EU funds for farmers
Farmers will go bankrupt if the new European Union budget comes into effect in its current form. Brussels wants to give the funds for farmers to Ukraine – stated István...
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A new weight loss drug may be on the horizon
In recent years, GLP-1-based drugs such as Ozempic and Wegovy, which were originally designed to treat type 2 diabetes but later turned out to be effective against obesity, have gained...
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The next round of applications for irrigation development projects will start in the fall
At the beginning of September, applications can be submitted again for support for smaller-scale irrigation developments within agricultural holdings, while at the end of the month, farmers planning complex investments...
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Romanian police uncover illegal cigarette factory in Sibiu County, Transylvania
Romanian police have uncovered an illegal cigarette factory in the village of Sellenberk (Selimbar) in Sibiu County, Transylvania. Nine members of the criminal gang operating the illegal factory have been...
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Several horticultural crops have been exempted from the EKÁER notification obligation
On the joint initiative of the National Chamber of Agriculture and the FruitVeB Vegetable and Fruit Interprofessional Organization, an important change was made to the legislation related to the operation...
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Store visit at Rewe To Go in Germany
Rewe Group has opened its first Rewe To Go store at a German motorway rest area – Rhynern Nord on the A2 – marking a new milestone in its convenience...
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Kroger announces corporate layoffs, structural changes
The company said the cuts impact less than 1,000 employees as the grocer continues shaving off costs. Kroger announced Tuesday layoffs of fewer than 1,000 corporate staffers, a company spokesperson...
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France’s Lactalis Strikes €1.9bn Deal For Fonterra’s Consumer Business
New Zealand’s Fonterra Co-operative Group said it will sell its global consumer and associated businesses to French dairy major Lactalis for NZ$3.85 billion (€1.9 billion). The sale includes Fonterra’s global...
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Knuspr Joins Swiss Markant Network
Knuspr, the German-based online supermarket, has become the first pure online grocery retailer in Europe to join the Swiss Markant network. The partnership, which begins in Germany, aims to streamline...
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István Nagy: The interests of Hungarian farmers come first, we will continue to maintain the import ban on Ukrainian agricultural products
Ukraine will not export either corn or wheat to Hungary until our country requests it – stated István Nagy, Minister of Agriculture, who received Tarasz Kacska, Deputy Prime Minister of...
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Vegan pastry shop opens in Százhalombatta
A new vegan pastry shop called DesszertÁlom has opened in Százhalombatta. This article is available for reading in Trade magazin 2025/8-9. This is the city’s first purely plant-based dessert shop....
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