Market News
Studenac Teams Up With VGP To Build Second Logistics Centre
Croatia’s largest retail chain by number of stores, Studenac has signed a contract with pan-European logistics developer VGP to build a new logistics and distribution centre in Dugopolje, ESM reported....
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These pesticides can be used in durum wheat
Farmers often ask which pesticides can be used in durum wheat crops. According to the position of the licensing authority, the use of pesticides approved for “wheat” or “winter wheat”...
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You can apply for the Value and Quality Grand Prix Trademark until May 29th!
This year’s Value and Quality Award Competition was announced in more than 100 topics by 45 main groups in the fields of economy and culture. Applications for the competition for...
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According to Márton Nagy, the price of the affected foods decreased by an average of 16 percent as a result of the margin freeze
The margin freeze affects about 1,000 products in 30 product categories, and based on Monday evening data, the prices of these foods have decreased by an average of 16 percent,...
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Róbert Zsigó: Monday’s inspections already confirm that traders have started to reduce prices
The government is doing everything it can to ensure the financial security and protection of families and the elderly, and will not allow retail chains to take people’s money because...
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Fringe benefits in 2025 – how popular are housing benefits and the SZÉP card?
In its February survey, GKI Economic Research Ltd. asked companies with more than 5 employees, among other things, whether they plan to provide housing subsidies or SZÉP card subsidies to...
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The lifestyle medicine revolution has begun
The number of chronic diseases is increasing worldwide. It is becoming commonplace that a significant proportion of diseases could be prevented by conscious lifestyle changes. So why don’t we change...
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State Secretary of the Ministry of Agriculture: New applications for sustainable agriculture
European and Hungarian agricultural production practices are determined by EU green regulations – emphasized Zsolt Feldman, the State Secretary of the Ministry of Agriculture responsible for agriculture and rural development,...
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Last year AI made sure the Christmas shopping experience was a happy one
AI helped consumers to spend smarter last Christmas. According to the Post-2024 Holiday Shopping Survey by Talkdesk, 72% of respondents believe AI has helped them to save money by making...
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Automatic payments are popular
ATM deposits are growing at a double-digit pace at K&H, the financial institution announced based on its own data. Over the past thirteen months, the number of deposits made at...
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AI-generated ads can have a negative influence on consumer perception
According to recent NIQ research, AI-generated advertising may have a negative impact on how consumers perceive brands. This article is available for reading in Trade magazin 2025/2-3 The results of...
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Fermentation, regional flavours and price parity drive plant-based innovations
Although first-generation plant-based products haven’t always met taste, texture and appearance expectations in full, there is still strong demand for plant innovations. This article is available for reading in Trade...
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Seed Association: More than 17 million sachets of seeds will find their home this season
This season, hobby gardeners will sow about 17.3 million colorful sachets of seeds from 1,000 types of vegetables and 500 types of flowers, according to the forecast of the Seed...
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Experts propose VAT reform for more affordable healthy and sustainable food
A study by researchers from the Oxford Martin School and the Environmental Change Institute has proposed that the VAT rates for food products should be based on health and environmental...
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NAK and MAGOSZ declare permanent water shortage period
Following the initiative of the National Chamber of Agriculture and the Association of Hungarian Farmers’ Circles and Cooperatives, the Minister of Energy declared a permanent water shortage period for the...
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Bird flu has reappeared in Pest County
The laboratory of the National Food Chain Safety Office (Nébih) has detected the presence of bird flu virus in Pest County. The eradication of the affected herd and the epidemiological...
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A period of permanent water shortage has been declared at the initiative of NAK and MAGOSZ
Following the initiative of the National Chamber of Agriculture and the Association of Hungarian Farmers’ Circles and Cooperatives, the Minister of Energy declared a period of permanent water shortage for...
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New restrictions lifted following foot-and-mouth disease outbreak
The National Food Chain Safety Office (Nébih) and local authorities have completed sampling of contact farms affected by the outbreak, with all tests coming back negative. Based on the favourable...
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Slaughter pig producer prices are decreasing
In the United States, the price of pork was 1.94 dollars (USD)/kilogram cold carcass weight in February 2025, which was a 15.6 percent increase compared to a year earlier. In...
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Rossmann gives more space to organic food
More shelf space – 15 metres instead of the current average of 9 metres – is planned to be dedicated to organic food in Rossmann stores in Germany. In an...
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We are filling Hungarian-Kazakh cooperation with economic benefits
There are serious agricultural and trade opportunities in Hungarian-Kazakh cooperation – stated István Nagy, who held talks with Arman Sakkaliev, Kazakhstan’s Minister of Trade and Integration, within the framework of...
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Sales Of Italian Organic Products Rise 6% In 2024, Study Finds
Italy’s organic food market generated sales of more than €6.5 billion domestically, representing growth of 5.7% year on year, according to the latest data from the Nomisma Observatory. Out of...
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Poultry prices rose slightly
According to data from the Central Statistical Office, Hungary’s poultry meat exports increased by 3 percent to 225 thousand tons in 2024 compared to 2023. Within this, chicken meat exports...
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Estée Lauder Companies partners with Adobe to streamline digital marketing with GenAI
It aims to simplify content production and increase efficiency. The Estée Lauder Companies has announced a new partnership with Adobe to adopt Adobe Firefly and overhaul its digital marketing production...
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AM: many applications for farmers, payment of agricultural subsidies is being completed at a good pace
The payment of agricultural subsidies is progressing faster than last year, area-based subsidies are arriving at farmers at a steady pace; after the 2024 unified applications, the Hungarian State Treasury...
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Margin is very much not profit
The government announced that it would introduce a margin cap on 30 food product groups from March 17, 2025, after food inflation reached 7.1 percent in February. The decision was...
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Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain food products from March 17 – for the time being until May 31 – according to which the margin of...
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Despite global challenges, SMEs are still looking for breakthrough points in 2025
According to economic forecasts for 2025, businesses will face a number of challenges: high interest rates, inflationary pressures, geopolitical uncertainty and supply chain disruptions will all make it difficult to...
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The GVH is preparing investigations into the food trade.
According to the online Price Monitor operated by the Hungarian Competition Authority (GVH), the prices of several basic food products have decreased since Monday due to the introduction of the...
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More than half of employees received a pay raise last year
53% of Hungarian employees reported receiving a salary increase in 2024. This is a lower rate than in 2023 (61%), but higher than in 2022 (44%). Respondents are more optimistic...
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