Market News
Lidl Announces Largest Price Reduction in Its History as Competitors Follow Suit
Lidl has unveiled the biggest price reduction in its corporate history, aiming to permanently cut prices of more than 500 products—by up to 35% in some regions. The move comes...
Read more
Impressive productivity growth in domestic retail trade
Labour productivity improvement in Hungarian retail trade by 2023 (vs. 2010) was outstanding at 50% if compared to the country as a whole at 15% or the manufacturing sector at 8%....
Read more
PepsiCo to double investment at Kazakhstan salty snacks plant
PepsiCo plans to double investment and more than triple output capacity at an under-construction salty snacks plant in Kazakhstan, aiming to produce at full capacity by 2027. The fresh investment...
Read more
Circle K and Couche-Tard: Expanding the Convenience Frontier in Europe
Circle K is redefining petrol stations into convenience food hubs. Parent company, Canadian multinational Alimentation Couche-Tard, is one of the largest convenience store operators globally with more than 16,900 stores...
Read more
NAV: more than 460 liters of illegal pálinka and hundreds of packs of cigarettes found at a house
The National Tax and Customs Administration (NAV) has discovered homemade distilleries, more than 460 liters of unlicensed alcohol and hundreds of boxes of illegal cigarettes in Pest County, the agency...
Read more
National Chamber of Agriculture and Rural Development is preparing an information platform
The National Chamber of Agriculture and Rural Development (NAK) is preparing a platform presenting digital solutions and precision services – NAK told MTI on Friday. The interest representation makes technologies...
Read more
Organic food is only sold in Hungary through imports – public catering could be a breaking point
Although the domestic retail turnover of organic food is growing dynamically, household consumption is still low, and the majority of production is exported. According to domestic organic producers, the solution...
Read more
The single market would get a new boost: EU strategy to break down trade barriers
The European Commission is set to revamp the single market with a new strategy: the aim is to boost the EU’s economic performance and competitiveness by removing trade barriers between...
Read more
It’s not up to pharmacies – voluntary price cap is coming?
The government has set a goal of reducing the price of non-subsidized medicines, but according to the Minister of National Economy, it does not expect this from pharmacies. Márton Nagy...
Read more
Distant but open door: Hungarian companies see opportunities in Uzbekistan
Although geographically and culturally distant, Uzbekistan could be one of the most promising new markets for Hungarian companies – at least this is what the Uzbek-Hungarian business forum held in...
Read more
Prices of most dairy products decreased in April
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was 203.26 forints/kilogram in April 2025. Despite a 0.07 percentage point decline in fat content...
Read more
Billion-dollar market and fragile credibility – this is how Hungarian influencer marketing is transforming
The domestic market for influencer marketing is showing dynamic growth: according to IAB Hungary, the sector’s advertising spending will amount to HUF 8.1 billion in 2024, which is a 31%...
Read more
May frosts: grape shoots and seedlings in danger
Although folk wisdom calls May rain a golden time – and in recent days it has finally reached the Great Plain – the cold nights at the end of the...
Read more
European Central Bank: Water scarcity is the most significant natural risk to the European economy
Surface water scarcity is the most significant natural risk to the European economy, the Luxembourg Times, an English-language Luxembourg news portal, reported on Friday, describing research by the European Central...
Read more
Growing cherry harvest predicted in France by 2025
Despite the decline in the area under cherry cultivation in France, according to a flash report issued by Agreste in early May, this year’s harvest could exceed 35,000 tonnes, 6%...
Read more
Digital transition: the number of electronic signatures is increasing at a faster rate
The number of electronic signatures is growing at a faster rate than last year, with Microsec issuing more new electronic signature certificates in the first four months of this year...
Read more
Hungarian maritime container traffic has gained new momentum
After the closure of the Suez Canal and the reorganization of global routes caused serious disruptions last year, Hungarian sea container freight consolidated and strengthened in the first quarter of...
Read more
AM: sustainable water management is the basis of innovative agriculture
The effects of climate change, increasingly frequent droughts and the scarcity of water resources make it necessary to develop adaptation strategies in water management – emphasized Imre Hubai, the State...
Read more
The impact of the worker loan is already clearly visible, while personal loans have increased by one and a half times.
The amount of newly issued personal loans at K&H has increased significantly this year. In the first quarter, the increase was 48 percent compared to the same period of the...
Read more
The Hungarian State Treasury offers new payment options to farmers
The Hungarian State Treasury offers new payment options to farmers to reduce their account burdens, the Hungarian State Treasury announced to MTI on Friday. The electronic application submission interface of...
Read more
K&H: Children’s Day is a good opportunity for financial education
Children’s Day can be a good opportunity to open the window of the financial world to the protagonists to support their future decisions, whether it is about saving money or...
Read more
AM: final payment of Agro-ecological Program has begun
Of the participants in the popular Agro-ecological Program (AÖP), 63 thousand farmers have so far received partial payments of more than 82.7 billion forints, and the final payment of the...
Read more
8 in 10 consumers now rely on AI search
About 80% of consumers now rely on AI-generated search results for at least 40% of their queries, significantly reducing the need to click through to external websites, according to a...
Read more
A platform summarizing digital solutions and precision services is launched on the NAK website
The National Chamber of Agriculture is launching a new information platform, the aim of which is to summarize the digital solutions available in agriculture. Digital technologies and precision services will...
Read more
Absolut Reveals Limited-Edition Bottle Collection For Tomorrowland 2025
Absolut has unveiled a three-bottle collection designed by Tomorrowland’s mainstage designers in association with Absolut’s creative team. The inaugural limited-edition bottle collection seeks to convey the electronic music festival’s fantasy...
Read more
The Ministry of Agriculture is helping to prevent animal diseases with a new tender
Following the emergence of the foot-and-mouth disease virus, the Ministry of Agriculture is helping to increase the resilience of farms against animal diseases with a new tender opportunity. Farmers will...
Read more
The GKI business climate index decreased in May
According to a survey conducted by GKI Economic Research Co. – supported by the EU – both consumers and businesses became slightly more pessimistic in May compared to April. The...
Read more
OKSZ makes proposals to help smooth the elimination of the margin cap
In order to avoid further uncertainty, the international food retail companies of the National Trade Association are submitting a proposal to the government for a smooth phasing out of the...
Read more
The price of certain products has decreased by a third due to the margin freeze
Bankmonitor experts conducted on-site research to assess how prices of drugstore products affected by the new margin cap regulation have changed. They also estimated the potential impact of observed price...
Read more
Instead of increasing long-term loans, large companies are considering maintaining leasing structures
Long-term loans are still not popular among the managers of large companies, which is explained by the hectic changes in the domestic, but especially the international economic situation. According to...
Read more