Market News
NGM analysis: Hungarians spend abroad and on online marketplaces
In the first half of 2024, the consumption habits of the Hungarian population underwent significant changes, which were primarily shaped by the inflationary crisis and the war environment. Despite the...
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Most domestic companies already use artificial intelligence
Artificial intelligence significantly increases the competitiveness of domestic companies – this is supported by the latest research of Magyar Termék Nonprofit Kft., which was conducted in August among companies using...
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Shrink inflation continues in Hungarian stores
In the past two months, the packaging of many products in Hungarian stores has again decreased, which further strengthens the phenomenon of shrinking inflation. Between June 25 and August 16,...
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These were the most popular products of the summer
This summer was spent relaxing and having fun, which is also reflected in the best-selling products. According to a recent survey by Arukereső, retro music players, selfie sticks, bicycle accessories,...
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Sándor Czomba: real wages also increased significantly in June, by more than 9 percent
Thanks to persistently low inflation and outstanding wage dynamics, real wages are rising continuously and significantly, stated Sándor Czomba, State Secretary of the Ministry of Economic Affairs (NGM) responsible for...
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The popularity of beer consumption is decreasing in the Czech Republic
In the Czech Republic, the number of people who regularly drink beer is constantly decreasing, according to the latest research of the Czech Academy of Sciences. According to the survey,...
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A price increase is necessary on the domestic egg market for sustainable production
The price of eggs on the domestic market should rise from autumn, as egg production has become unsustainable due to the price reductions of recent months, warns the Association of...
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Spices are getting expensive
Global climate change poses increasingly serious challenges to the growers of tropical plants, which results in a significant increase in the price of the world’s third most expensive spice, cardamom....
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Beef will also face stricter controls from now on
On December 30, the new regulation of the European Union, the EUDR, comes into force, which imposes stricter rules in order to reduce deforestation. The new regulation requires that all...
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The peach harvest doubled in Hungary as well
Despite the weather difficulties, this year brought excellent results in peach production throughout Europe. Peach and nectarine yields increased in almost all regions of the European Union, and significant progress...
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Starting school and consumer protection – let’s consciously buy school supplies too!
With the start of school approaching, not only students and their parents are preparing for the new academic year, but consumer protection is also paying special attention to checking the...
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(HU) Szilva fajtabemutató: a termőhelyválasztás és a szakmai tudás jelentősége a hazai szilvatermesztésben
Sorry, this entry is only available in HU....
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Current requirements for the authorization of preparations that are not classified as plant protection agents
Nébih draws the attention of license holders to the fact that the previous provision on the composition of preparations that are not classified as plant protection agents has been amended....
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LG invests in startups dealing with artificial intelligence and deep technology
LG Electronics (LG) invests in startups specializing in artificial intelligence (AI) and deep technologies. (Enterprises working on deep technologies base their business models on new scientific research results and major...
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Blue planet – The network of domestic school gardens is also extremely successful at the world level
The network of domestic school gardens is also extremely successful at the world level, thanks to which the psychological condition of children can also improve – János Áder talked about...
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Netrisk: Hungarians took out 5 percent more travel insurance this year in the first two months of summer than last year
In the first two months of this year’s main tourist season, Hungarians traveling abroad took out 89,000 travel insurance policies, 5 percent more than a year earlier, the Netrisk insurance...
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DRS is successful, we are already returning 6 million items a day
In recent days, customers in Hungary have returned 6 million bottles, bottles and cans every day. During one of Hungary’s biggest changes in attitude, the number of returned packaging increased...
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Tesco taps AI for hyper-personalised celeb marketing messages
Tesco is using AI to offer customers hyper-personalised video messages, with celebrities acting as spokespeople for community projects, as part of its Tesco Stronger Starts initiative. Developed by creative communications...
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New detailed ESG rules have been published
The executive decrees governing the obligations regarding the ESG Report have been published. Based on the detailed rules, the domestic enterprises obliged to ESG received precise instructions on how to...
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Unilever spices up Hellmann’s with flavored mayo
The brand, with more than $2 billion in global sales, has introduced new flavor options like Chipotle and Garlic Aioli to attract younger consumers and increase usage occasions for the condiment....
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Egg association: egg prices are too low
According to the egg association, the price of table eggs has fallen so much in the past period that it is already endangering the sustainability of production. In a statement...
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Service providers offering local products are recognized with an innovative trademark
For the first time, the “We are local” trademark, created in cooperation with the Pannon Local Product and the Small-Scale Product Producers’ Interest Representation, with the support of the National...
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Always, under all circumstances, the interests of Hungarian farmers come first
The interests of Hungarian farmers come first, which is why our country continues to maintain the ban on the import of Ukrainian agricultural products – stated Minister of Agriculture István...
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Opten: The number of businesses remained below 510,000 in July as well
The decrease in the number of companies continued in July, this is the second consecutive month when the number of social enterprises fell below 510,000, according to OPTEN data. The...
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MOHU: customers return 6 million beverage packages per day
In the past few days, customers have already returned 6 million bottles, jars and cans per day, the number of returns has increased to 150 million in Hungary in a...
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Digital marketing spend is growing among European retailers
German retailers are increasing their spending on digital marketing by nearly 30% this year, despite the fact that the business environment is not very encouraging. According to the latest study...
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Food prices in China have risen drastically due to extreme weather
In China, product prices have risen drastically in the past two months, which directly affects consumers. The extreme weather, characterized by massive floods and scorching heat, destroyed millions of hectares...
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The “Professional Taster” career orientation program weeks were a great success
The National Chamber of Agrarian Economy (NAK) considers the promotion of agricultural professions, informing young people choosing careers and their parents, and promoting enrollment in agricultural vocational training institutions to...
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Carrefour implements AI tool to combat food waste
Every day, Carrefour has to discount more than 40,000 items in its 83 largest stores in Belgium alone, purely because they are approaching their expiration dates. As this is hugely costly in...
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The country’s wildlife is a national treasure
The government considers Hungary’s wildlife as an important renewable natural resource, which is a national treasure, so it needs to be protected, but it also needs to be managed in...
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