Market News
Pharmacies and beyond
Recently the OTC market has been influenced by three factors: the cold and flu season, inflation, and the declining and then stagnating real wages of patients. With all these influences,...
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GKI business climate index at nineteen-month low
The slightly negative trend continued in the first month of this year: according to a survey by GKI Economic Research Ltd. – conducted with the support of the EU –...
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CEOs live their everyday lives in a state of redesign
The world’s CEOs are reimagining their daily lives: 63% have taken at least one major action in the past five years to transform the way their companies create value. Nearly...
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NGM: public finance deficit as a percentage of GDP decreased in 2024
At the end of December last year, the central subsystem of the public finance closed with a deficit of 4,095.8 billion forints. Within this, the central budget showed a deficit...
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NGM: The range of products monitored in the online price monitor may be expanded to 100 products
The development of food prices is of paramount importance to families, which is why the government will continue to take decisive action in the future to ensure affordable basic food,...
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World raw sugar prices fall to lowest level since 2021
Raw sugar prices fell to their lowest since the summer of 2021 on expectations of a resumption of Indian exports and a favorable Brazilian harvest, according to a report by...
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New cafeteria item pushes down the SZÉP card
From 2025, the range of fringe benefits has been expanded with new options, which help employees cover housing costs. The new housing allowance of 150 thousand forints per month can...
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A new solution is being developed to make mushroom cultivation more efficient
With the support of the National Research, Development and Innovation Office (NKFIH), the University of Szeged (SZTE) and Új Champignons Kft. are developing a new solution to improve the efficiency...
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Goodbye, meat!
This year the METRO Gastro Academy hosted the fourth edition of the Plant-based Conference, Hungary’s premier plant-based food event. This article is available for reading in Trade magazin 2024/12-2025/01 In...
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Liver patés entering a new era
Liver paté is a traditional product on the dinner tables of Hungarians. This article is available for reading in Trade magazin 2024/12-2025/01 “Stopping food waste is one of the main...
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Dynamic well-being balance
The concept of dynamic well-being balance is based on the idea that balance is not a static state, but a flexible, changing process. As the world changes at an ever-increasing...
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World Tourism Organization: international tourism has returned to pre-coronavirus levels
International tourism has returned to pre-coronavirus levels, with 1.4 billion tourists travelling worldwide last year, the United Nations World Tourism Organization (UNWTO) said in a preliminary report published on its...
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A general decrease characterizes the producer price of slaughter pigs
According to AKI PÁIR data, the producer price of domestically produced slaughter pigs, excluding VAT and transport costs, was 772 forints/kilogram of carcass warm weight in December 2024, a 10...
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The government launches a new digital development program to increase the competitiveness of SMEs
The government is launching a new labor market program with 2 billion forints to develop the digital infrastructure of enterprises. The support can increase the competitiveness, market share, and employee...
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The IT labor market has slowed down, recruitment is a challenge for companies
The IT sector has undergone one of the biggest changes in the labor market in the past few years. While there was still a particularly high demand for employees active...
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Below average AI use at work by Hungarians
Hungarian workers are less likely to use AI for work and personal purposes than the global average, according to a joint survey of more than 150,000 employees in 188 countries,...
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All European trade must prepare for Trump’s tariffs
Europe must prepare for potential trade tariffs from new US President Donald Trump, warned Christine Lagarde, President of the European Central Bank (ECB), at the World Economic Forum in Davos....
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Understanding megatrends can help you achieve sustainable growth
The 2020s are a period of transformation of major global economic systems, when the totality of changes reaches a critical magnitude. Knowledge of the historically significant changes and megatrends taking...
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Ukraine’s accession to the European Union would cripple EU agriculture and ruin Hungarian farmers
Ukraine’s accession to the European Union could have serious, irreversible consequences. The move would make EU agricultural production impossible and would deprive member states, including Hungary and Hungarian farmers, of...
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Carrefour Exits Oman, Expands Delivery In Spain, Launches New Loyalty Programme In France
After nearly three decades of operation in Oman, French retailer Carrefour has ceased its operations in the country. Carrefour, a major player in the Middle East with over 320 stores...
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Amazon: ‘Climate Pledge Friendly-label boosts sales’
Ecommerce giant Amazon has released a study indicating that joining the Climate Pledge Friendly program results in a 12.5 percent increase in sales for sellers on the marketplace. Especially products...
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AB InBev forms energy-drinks “partnership” with 1st Phorm
The companies will work together to launch a new energy drinks brand in the middle of this year. Anheuser-Busch InBev is making a play in the US energy-drinks category through...
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Poultry meat prices did not change significantly
According to AKI PÁIR data, the producer price of live weight chicken for slaughter in Hungary increased by 3.8 percent to 425.9 forints/kilogram in the first two weeks of 2025...
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A report of several hundred pages was prepared on the future of the world
A scientific report of several hundred pages has been prepared on the future of the world, which reveals how global environmental and social crises, such as water and food problems...
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Beyond Meat partners with McDonald’s to offer plant-based chicken nuggets in France
In France McDonald’s has launched a new plant-based product in collaboration with Beyond Meat: Veggie McPlant Nuggets are now available in 1,560 restaurants across the country. Made from pea protein,...
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The United States is leaving the World Health Organization
The United States is withdrawing from the World Health Organization (WHO), Donald Trump, the newly inaugurated 47th President of the United States, announced. Trump justified his decision by saying that...
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Are guest workers really taking away Hungarian jobs?
No, on the contrary: market experience shows that employing guest workers results in more investments and thus in more (and better) jobs for Hungarian workers! However, if administrative restrictions further...
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NAV: Redemption fee is not taxable for private individuals
The National Tax and Customs Administration (NAV) has issued a statement on the tax implications of the 50-forint fee of the mandatory redemption system, which is part of the regulation...
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Make sustainability an easy-to-get bonus
As the financial woes of consumers have eased in the wake of the cost-of-living crisis, the focus has shifted to other fears, such as health and the environment. These concerns...
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GKI: Large investments supported by the government are destroying the local labor market
The Hungarian government has announced several large investments in recent years as part of the country’s reindustrialization. These include CATL and BMW in Debrecen, BYD in Szeged, and the battery...
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