Market News
Corn 2026: soil moisture and hybrid choice may decide the season
Winter precipitation – especially the 30-centimeter snowpack in January – has improved the outlook for spring crops, but experts say it alone will not bring corn production back to a...
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From February 1st, you can withdraw 300 thousand forints for free
The government has doubled the limit for free cash withdrawals from 150,000 forints to 300,000 forints as of February 1, the Ministry of National Economy (NGM) informed MTI in a...
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Balázs Hankó: MATE is already among the world’s top 100 agricultural universities
Among the 30,000 universities in the world, the Hungarian University of Agricultural and Life Sciences (MATE) is in the top 100, among the top 400 European universities, and among the...
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Bird flu has also appeared in Jász-Nagykun-Szolnok County
The laboratory of the National Food Chain Safety Authority (Nébih) confirmed the presence of the highly pathogenic avian influenza virus in a liver goose farm in Jász-Nagykun-Szolnok County. The affected...
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How Campari is staking a claim in the low-alcohol market
Allison Varone, head of marketing for Campari America, explains how the maker of Aperol and Crodino is attempting to resonate with younger drinkers. With the U.S. drinking rate continuing to...
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Rice cultivation rules are changing
A new government decree regulates the official procedure for rice plantation classification. The primary aim of the regulations is to prevent abuses and to ensure that the land belonging to...
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Tesco confirms 380 jobs to be cut
Tesco has confirmed plans to “remove” around 380 roles, following proposals to restructure its bakery operations and make changes to around 100 Express stores. Additionally, the retailer is investing in...
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Aldi and Lidl cut prices of chocolate products
German discount retailers Aldi and Lidl are lowering prices of chocolate and chocolate-based products, easing pressure on consumers after years of rising costs. Aldi announced on Thursday, January 29 that...
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The Ministry of Agriculture supports the grape and wine sector with subsidies and measures
Hungarian wine is a unique national treasure that represents economic, cultural and community value. The grape and wine sector behind it is of strategic importance, therefore the government supports its...
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Almost 6 thousand products now bear the 20-year-old Hungarian Product trademark
The trademark system has developed cooperation with more than 250 domestic enterprises over 20 years, and today almost 6 thousand products and services bear the Magyar Termék trademark – Magyar...
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Food industry sales prices increased by 2.4 percent
In December 2025, industrial producer prices were on average 3.4 percent lower than a year earlier. Domestic sales prices decreased by 1.9 percent and export sales by 4.1 percent compared...
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The GKI business climate index started 2026 with a minimal decline
According to a survey by GKI Economic Research Ltd. – conducted with the support of the EU – consumers’ prospects in January did not change compared to December, but those...
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Fewer contracts, higher value: the share of SMEs has increased
The Public Procurement Authority has published its 2025rapid report, which provides a comprehensive picture of the operation of the domestic public procurement market, its main trends, and the development of...
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Safety net for Hungarian consumers – broad cooperation with authorities
A comprehensive cooperation agreement has been signed by ministries and authorities playing a key role in the consumer protection institutional system in order to ensure faster and more coordinated action...
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Kiskunság National Park to modernize six native animal farms
The Kiskunság National Park will spend around 2.4 billion forints of EU funding on the modernization of six native animal farms and the purchase of equipment and machinery, the park’s...
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Stability is at a standstill: a difficult year awaits Hungarian workers
While the economic environment is more uncertain than at any time in recent years, the sense of security and vision of the future of Hungarian workers has also been shaken....
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K&H: one of the most important documents of the “financial lesson” arrives
In January, banks send their customers a unified fee statement. Although its name sounds official and complicated at first, it is actually a simple summary of how much the services...
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István Nagy: support for pig farmers and breeders has been expanded with a new element
The government is helping pig farmers with several tools in dealing with the challenges caused by their market difficulties – the Minister of Agriculture announced on his social media page...
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Hungarian vacuum technology could revolutionize space nutrition
A Hungarian innovation could be at the center of space nutrition: Animal husbandry engineer Erzsébet Selymes-Stockdale uses a special vacuum drying process to produce plant-based powders that preserve nearly 100...
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Nébih: Bird flu has appeared on two poultry farms in Békés County
The laboratory of the National Food Chain Safety Office (Nébih) has confirmed the presence of highly pathogenic bird flu virus on two poultry farms in Békés County, and the affected...
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Half of Germans Would Order More Online if Same‑Day Delivery Were Guaranteed
A recent YouGov survey shows that nearly half of German consumers would shop online more frequently if they could receive their orders on the same day. The study, conducted on...
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Mobile networks also receive extra attention in the unusual cold
The harsh weather experienced in recent weeks poses challenges not only for us. The extreme cold can also affect the mobile network, so the infrastructure provider must be prepared so...
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Garden thyme is the herb of the year in 2026
The Medicinal Plant Section of the Hungarian Society of Pharmacology has chosen garden thyme as the herb of the year in 2026, continuing the initiative launched in 2013, which aims...
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Absolut and Tabasco unite for spicy vodka as consumers crave heat
Absolut Vodka and Tabasco are launching a co-branded spicy vodka, combining the Swedish distiller’s premium spirit with a natural essence derived from the fermented, aged red pepper mash used in...
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Auchan Retail Advances Plan To Franchise Majority Of French Supermarkets
Auchan Retail is moving forward with its transformation project with Groupement Mousquetaires in France, aimed at revitalising its supermarket format. The project, announced in November 2025, which aims to address...
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Agrometeorology: soil recharge is slow in the central part of the country
The central part of the country is in great need of further precipitation, because the autumn-winter recharge of the soils here is quite slow, with a lot of moisture still...
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2026 could be the year of investments for Hungarian SMEs
Investments may be the focus of Hungarian small and medium-sized enterprises this year, as two-thirds of company managers plan to modernize their business: the last time the development intention was...
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KSH: in December, the number of guests (1.4 million) increased by 12 percent, and guest nights (3.2 million) by 9.2 percent, compared to a year earlier
In December 2025, 1.4 million guests spent 3.2 million guest nights in tourist accommodation (commercial, private and other). The number of guests was 12 percent higher and the number of...
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NKFH: extensive cooperation with authorities for more effective consumer protection
Ministry and authorities playing a key role in the operation of the consumer protection institutional system have concluded a comprehensive cooperation agreement to further strengthen the protection of Hungarian people...
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Health fund members should start applying for tax refunds at the beginning of the year
Typically, most health fund payments are made at the end of the year, as many people maximize their available personal income tax refunds at this time. If you don’t want...
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