Market News
MLBKT: BMI indicates further recovery in March
The seasonally adjusted March value of the Purchasing Managers’ Index (PMI) is 51.2, the Hungarian Logistics, Purchasing and Inventory Company (MLBKT) told MTI on Tuesday. In March, respondents reported a...
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Róbert Zsigó: margin stop is necessary
Tuesday’s data also proves that the margin freeze is necessary – the Parliamentary State Secretary of the Ministry of Culture and Innovation (KIM) said in a video message sent to...
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An attractive selection awaits customers at PENNY even during the holidays
PENNY welcomes the Easter holidays with budget-friendly prices and a colorful selection this year. The chain offers quality private label products, 20 types of ham variations and fresh, seasonal Hungarian...
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Despite vaccines and previous illness, almost every animal is a ticking time bomb
Although many people believe that vaccination alone can be a solution to protect against foot-and-mouth disease (FMD), the reality is much more complex than that, as revealed in an interview...
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More people would change their current job this year than last year
Currently, half of domestic employees are looking for a new job or are open to a new job opportunity, but compared to a year ago, their decision-making process is taking...
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Huge damage in agriculture, innovation of biological bases must be accelerated
Modern Hungarian agriculture is past its most difficult five years, the sector is being hit by various problems at the same time, of which the impact of climate change is...
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The Job Fair is coming – there is a huge fight for employees
The average wage in Hungary has quadrupled since 2007 (from 185,017 forints to 348,800 forints), and the guaranteed minimum wage for skilled workers has increased nearly fivefold. At the same...
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Help arrives for farmers affected by foot-and-mouth disease
The decree enabling government assistance has been published, according to which farmers affected by foot-and-mouth disease can also receive financial support from the Wage Guarantee Fund – informed István Nagy,...
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Eggs are also becoming more expensive in the EU
According to data from the European Commission, the EU (EU27)’s egg and egg product imports increased by 35 percent to almost 122 thousand tons in 2024 compared to 2023, while...
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Monthly net income from 312 thousand to 800 thousand forints in the household – what is this enough for?
In the first quarter, the average monthly net income of middle-aged households was 592 thousand forints, which is a quarterly and annual increase of 10 and 19 percent, respectively, and...
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Czech Agriculture Minister: Soldiers to strengthen border controls on trucks due to foot-and-mouth disease from Wednesday
There is no need to declare a state of emergency in South Moravia due to the foot-and-mouth disease epidemic in Slovakia and Hungary, but soldiers will help control and disinfect...
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SHEIN invests $70m to empower supply chain partners by 2028
It also invested $7.5M in Southern China factory upgrades. SHEIN is investing $70m in its Supplier Community Empowerment Program (SCEP) by 2028 to improve manufacturing facilities and worker conditions. So...
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Unilever acquires personal care brand Wild
Unilever today announced it has acquired the personal care brand Wild. This marks another step in the optimisation of Unilever’s portfolio towards premium and high growth spaces as part of...
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Prices of both light and heavy lambs have also increased
According to the short-term forecast of the Food and Agriculture Organization of the United Nations (FAO), global sheepmeat production was 17 million tonnes in 2024, unchanged from the previous year....
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Walmart to make $6 billion investment in Mexico; adding 1,500 stores by 2030
Walmart Inc. is making a big investment to expand its presence south of the border. Walmart de México y Centroamérica (Walmex) plans to invest more than $6 billion in Mexico in 2025...
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Germany remains our most important agricultural foreign trade partner
Hungary conducted 87 percent of its agricultural foreign trade turnover with EU countries in 2024. The share of the old member states was 47.6 percent, and that of the new...
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Márton Nagy: Retail turnover growth is currently in the 4-5 percent range
This year is the year of economic breakthrough, with growth above 3 percent in the second half of 2025, and a dynamic expansion of GDP expected in the following years,...
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Food industry sales prices rose by 6.1 percent
In February 2025, industrial producer prices exceeded those of the previous year by an average of 8.2 percent. Domestic sales prices exceeded the values of February of the previous year...
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Real wages are rising, confidence is growing, retail sales are increasing
The dynamic increase in wages continued in January, Sándor Czomba, the State Secretary responsible for employment policy at the Ministry of National Economy (NGM), stated in his statement on Monday....
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German retail sales increase in February
German retail sales grew in February, instead of stagnating, as analysts had expected, the German Federal Statistical Office, Destatis, said in a report released on Monday. German retail sales grew...
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The economic sentiment index deteriorated in the EU and the euro area in March, but improved in Hungary
The economic sentiment index in the euro area and the European Union deteriorated in March compared to the previous month, while it improved in Hungary, according to a survey by...
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A scientifically proven method for dietary treatment of bloating: What does the FODMAP diet do?
FODMAP is not a fad diet, but a clinically proven, effective dietary method that can alleviate the symptoms of irritable bowel syndrome (IBS) by up to 74-86%, the Hungarian Dietitians’...
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KSH: the foreign trade surplus in goods was 1.1 billion euros in February
The foreign trade surplus in goods was 1.1 billion euros in February; the adjusted volume of exports was 0.9 percent, while imports were 0.1 percent lower than in January, the...
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Upside-down products in German stores – strange shopping movement spreads across Europe
More and more German supermarkets are seeing strangely placed items: cans, chocolates, cream cheeses are upside down on the shelves. At first, shoppers may suspect that they are being sloppy,...
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H-Vend Service Kft. has developed drink and food vending machines using digital technology.
H-Vend Service Kft. from Szeged has developed drink and food vending machines that use digital technology, can be managed remotely, and can be controlled without touching, with EU support, said...
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Sustainable feed for the agriculture of the future – protein-rich feed made from black soldier fly larvae at Öregtögy Farm
A new, environmentally friendly solution has appeared in Hungarian agriculture: one of Hungary’s first Black Soldier Fly (BSF) larva-based feed production plants has been launched at Öregtölgy Farm. The sustainable...
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AM: Ministry of Agriculture and University of Debrecen sign strategic cooperation agreement
The Ministry of Agriculture (AM) and the University of Debrecen have signed a strategic cooperation agreement – the ministry told MTI on Thursday. According to the information, at the signing...
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52% German online retailers are dissatisfied
A majority of German ecommerce businesses are not happy with how the industry is performing. Only 6 percent of online sellers are ‘very satisfied’, which is the lowest that has...
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Lidl Opens New Logistics Centre In Portugal, Expands In Romania
German supermarket chain Lidl has opened a new €115-million logistics centre in Loures, Portugal. The 54,000 square metre facility boasts a 44,000 pallet storage capacity, 111 loading docks, and can...
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Czech Republic tightens foot-and-mouth disease protection measures
In the Czech Republic, no cases of foot-and-mouth disease have been detected so far, but given the nearby epicenter of the severe epidemic in Slovakia, the Czech authorities are tightening...
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