Market News
Wages and revenues
The Guild of Hungarian Restaurateurs (MVI) publishes an annual statistical report on the hospitality sector. It is mainly based on data from the Central Statistical Office (KSH) for 2024. The...
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Alibaba International helps global retailers with new AI agents
Alibaba International’s AI Business team launched its AI system called Marco in 2024, with the goal of supporting cross-border trade for SMEs. This article is available for reading in Trade...
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Jumbo to exit Everest and Epic Partners purchasing alliance
The partnerships, which focused on sourcing A-brand products, will end by the close of 2025. Jumbo Supermarkets plans to end its alliance with international purchasing groups Everest and Epic Partners...
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Romania Extends Food Price Cap, Monitors Bottled-Water Prices
The Romanian government has announced a six-month extension of its commercial price cap on essential agri-food products. As a result of the move, the existing price cap on said products,...
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EM: more green cars were on the road by the end of September than in the entire record year of last year
So far, more than 93,000 pure electric cars have been equipped with green license plates in Hungary. Since February, a greater number of climate-friendly vehicles have been put into service...
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Mars partners to accelerate renewable energy efforts with GoldenPeaks Capital
Mars has partnered with the European renewable energy developer to launch more than 100 new solar projects in Poland. Mars has signed its first renewable energy acceleration contract in Europe...
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KSH: retail turnover in August exceeded the same period of the previous year by 2.4 percent and the previous month by 0.8 percent
Sorry, this entry is only available in HU....
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NGM: purchasing power is increasing, retail trade is expanding – family tax cuts and food vouchers for pensioners are further strengthening turnover
According to the Ministry of National Economy (NGM), the latest retail data reflect the increase in household purchasing power and the recovery in consumption. In its commentary on the Central...
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K&H Analyst Commentary: There is still room for expansion in Hungarian stores
Hungarian retail trade is expected to grow by nearly 3 percent this year, while next year it could grow by 3.5 percent. There was a slight increase in retail trade...
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New Trappist regulation brings more uniform quality
One of the most popular products of the domestic dairy market, Trappist cheese, can now be sold on store shelves under stricter quality conditions – Olga Beáta Felkai, Deputy State...
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Lifelong poisons – the new risk of food packaging
A plastic take-out box, a hamburger wrapper, fire-fighting foam or a raincoat: what they all have in common is that they may contain the infamous “everlasting substances”. PFAS compounds break...
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Expert dispels misconceptions about wage transparency
The EU Pay Transparency Directive will come into force next summer, which could fundamentally transform corporate pay practices. Although the Hungarian transposition legislation is still pending, the principle of “equal...
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Rising prices, declining exports – the Hungarian poultry sector shows a mixed picture
According to the latest data from the Institute of Agricultural Economics (AKI), slaughter chicken and turkey prices in Hungary increased in the first thirty-eight weeks of 2025, while poultry meat...
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Imre Hubai: buying domestic products is important from both a national economic and national security perspective
From a national economic and even national security perspective, it is important that the population primarily seeks and buy domestically produced products, especially in the case of food, the production...
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Value and quality as the most important tools for consumer confidence
On 11 September the Value and Quality Award ceremony was held for the 8th time, in the building of the Hungarian Parliament. This year 34 applicants and 40 entries were...
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The decline of the walnut sector – under the pressure of import and climate challenges
The domestic walnut harvest has fallen to a historic low: in 2024, only 5,300 tons of walnuts were produced in Hungary, which is the lowest amount in the past ten...
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István Nagy: the poultry sector is one of the most competitive livestock sectors
The poultry sector is one of the most promising and competitive livestock sectors in Hungary – the Minister of Agriculture stated on Thursday in Somberek, Baranya County. István Nagy emphasized...
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Dependence on the American market can pose a serious competitive disadvantage in exports
The new trade agreement between the United States and the European Union signed on July 27th will change the level of tariffs imposed on products coming from Europe. The 15%...
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Value of smartphone payments approaches HUF 1,400bn
Nearly HUF 1.4bn and 173 million transactions: this is the balance sheet for smart device payments at K&H over the past three years. This article is available for reading in...
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FAO raises global cereal production forecast for 2025 to 2.971 billion tonnes
The UN Food and Agriculture Organization (FAO) has raised its global cereal production forecast by 10.1 million tonnes to 2.971 billion tonnes compared to its September forecast, the Rome-based organization...
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Nébih’s online Kitchen Control student competition is starting again this year
On October 6, the National Food Chain Safety Authority (Nébih) will launch a large-scale online student competition on the Okos Doboz platform. The competition will be based on further expanded...
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Grapevine golden yellow disease confirmed in two more wine regions
The Nébih laboratory has detected Grapevine flavescence doré (FD), which causes grape golden yellow disease, in both the Balatonfüred-Csopak and Eger wine regions. The pathogen is already present in 17...
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Edeka Wins German Sustainability Award
German food retailer Edeka has received the German Sustainability Award in the “Food Retail” category. The jury praised Edeka’s environmental efforts, highlighting its commitment to freshwater protection and the expansion...
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Europol: €95 million worth of counterfeit or expired food seized worldwide
In the fourteenth OPSON operation coordinated by Europol, the European Union’s police cooperation organization based in The Hague, law enforcement authorities from 31 countries, in cooperation with food and beverage...
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The amount of national subsidies has more than doubled
The budget for agricultural and rural development subsidies for 2025 is approximately HUF 1,504.7 billion, of which HUF 602.3 billion was used from domestic and EU funds in the first...
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Online supermarket Picnic launches subscription model
Online supermarket Picnic is launching a discount subscription in the Netherlands and Germany to encourage healthy eating: with Picnic Family, customers receive a 10% discount on fresh fruit and vegetables,...
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Climate protection supervision fee: payment deadline approaching
The payment of the climate protection supervision fee for the second half of 2025 must be made by March 31, 2026. For businesses, this is one of the most important...
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Abu Dhabi, Goldman Sachs Invest In Haagen-Dazs Maker Froneri At €15bn Valuation
Goldman Sachs and the state-linked Abu Dhabi Investment Authority (ADIA) have invested in Haagen-Dazs owner Froneri, in a deal that values the ice cream company at around €15 billion ($17.6...
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István Nagy: the most decisive action must be taken against the American grape cicada that spreads golden yellow infection
The most decisive action must be taken against the American grape cicada that spreads golden yellow infection in vineyards – emphasized István Nagy, Minister of Agriculture on the M1 current...
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Strengthening the rural economy means strengthening the whole of Hungary
Strengthening the rural economy means strengthening the whole of Hungary – stressed Minister of Agriculture István Nagy on Friday at the handover of the expanded service hall of Waberer’s in...
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