Market News
Bird flu: What is the situation in the United States?
Seasonal migration of wild birds and the import of certain US products, such as raw milk products, could potentially introduce the highly pathogenic avian influenza (HPAI) genotype affecting US dairy...
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Plant-based supplements market to reach $42.27b by 2030
The global plant-based supplements market is projected to grow from $27.52b in 2025 to $42.27b by 2030, at a CAGR of 9.0%, according to a new report by MarketsandMarkets. Demand...
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Walmart opens first-ever owned and operated case-ready beef facility
The discount giant opened a case-ready beef facility in Olathe, Kan. On Friday, June 27, 2025. This marks the first time Walmart has had an owned and operated location for producing...
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At the initiative of Hungary, a call is being sent to Brussels: Protect the interests of farmers instead of Ukraine!
At the initiative of our country, the agricultural ministers of the EU member states bordering Ukraine are calling on Brussels in a joint statement to protect European farmers against the...
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Generali: the storms of early July devastated the country
Global warming is already affecting our daily lives: in recent years we have been faced with extreme weather events and the damage they cause more and more often. At the...
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Anheuser-Busch invests $17M in Houston brewery
The beer giant has spent $2 billion during the last five years on its manufacturing network despite a slowdown in consumption. Anheuser-Busch plans to spend $17 million on its Houston...
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Free irrigation water results in cost savings of more than 10 billion forints for farmers
260 locations across the country are being intervened to alleviate water shortages and help reduce the harmful consequences of climate change – the State Secretary for Agriculture of the Ministry...
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KSH: consumer prices exceeded the same month of the previous year by an average of 4.6 percent, and May prices by 0.1 percent
In June 2025, consumer prices were 4.6 percent higher on average than a year earlier. Compared to May, prices were 0.1 percent higher on average, the Central Statistical Office (KSH)...
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Inflation has accelerated
Drugstore products saw a more moderate price decrease than expected in June, while food prices also rose and jewelry prices continued to rise. Inflation is expected to be around 4-4.5...
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NAV’s inspection series at Lake Balaton and Lake Velence will start this week
The National Tax and Customs Administration (NAV) began its summer inspection series this week, during which the inspectors will inspect, among other things, popular tourist resorts, beaches and outdoor events....
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NAV: Several tons of vegetables transported with insecticides have been withdrawn from circulation
Several tons of vegetables were withdrawn from circulation because insecticide was found in a truck along with the food – the National Tax and Customs Administration (NAV) told MTI on...
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AI at the service of investments: new dimensions in asset management
K&H Asset Management, a member of the KBC Group, has been using artificial intelligence-based models (AI) to support its investment decisions for eight years, thus playing a pioneering role not...
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New crypto player to replace Revolut in Hungary
Following the suspension of Revolut’s crypto services in Hungary – which was justified by a June law amendment that criminalized unauthorized crypto asset conversion – Bitget is offering a regulated,...
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Large decline in foreign trade of live pigs
According to the Central Statistical Office (KSH), Hungary’s live pig exports decreased by 26.9 percent to 8,500 tons in January-April 2025 compared to the volume sold on the foreign market...
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GKI economic sentiment index declines in May, inflation expectations improve
According to a survey conducted by GKI Economic Research Zrt. (with EU support), consumers and companies became a little more pessimistic in May compared to April. This article is available...
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More than half of Hungarian companies pay their invoices late
53 percent of Hungarian companies do not receive their invoices on time, and this is caused by customers’ liquidity problems. This is stated, among other things, in the annual analysis...
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EU poultry meat imports rebound in Q1 2025
According to European Commission data, EU27 poultry meat exports rose by almost 1 percent to 520,000 tonnes between January and March 2025 compared to the same period last year. The...
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Survey: Most shoppers spending more time reading food labels
A new consumer survey from global data standards organization GS1 US showed that more than three-quarters (76%) of consumers want more information about products due to higher food costs, with...
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The government office will make a decision as soon as possible so that compensation can begin for passengers of the bankrupt travel agency.
The Budapest Metropolitan Municipality Government Office, as a commercial authority, has initiated proceedings in the case of the bankrupt Unitravel Kft. travel agency in order to help passengers in distress,...
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Consum Opens 1,000th Store In Spain
Spanish grocery cooperative Consum has reached a milestone of 1,000 stores with the opening of two new supermarkets in Aldaia and Xàtiva. This achievement, which includes 506 Consum-owned stores and...
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Nursery plants accounted for a significant part of ornamental plant production in 2024
Among the ornamental plant product groups, nursery plants occupied the largest area in 2024, totaling 1,355 hectares, which represented 93.1 percent of the total area used. Nursery plants were almost...
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Stella Artois’ Iconic ‘David and Dave’ Duo Return for New ‘The Collection’ Ad
Fan-favorite fictional brothers David and Dave Beckham, played by David Beckham and Matt Damon, are back and launching “Fifty States of Stella” to invite beer lovers across the country to...
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Surplus water reaching the annual irrigation demand is stored in the landscape
Through the Water into the Landscape program, 178 million cubic meters of surplus water is currently available for irrigation, which roughly corresponds to Hungary’s annual irrigation water demand, said the...
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OKSZ commentary on May retail sales data has arrived
According to the latest retail data for May, the temporary demand-boosting effect of the government-imposed margin cap has come to an end, while its negative consequences are beginning to surface...
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MBH quick analysis: Retail trade momentum decreased in May
After Easter spending, retail sales growth slowed in May: total sales grew by 2.1% year-on-year, but fell by 1.3% month-on-month. Retail sales are 1.7% above the 2021 base. Although the...
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K&H Analyst Commentary: Retail awaits greater momentum
May was quite bad in stores, especially in food stores, but retail sales are still growing. In May this year, the volume of retail sales, i.e. quantitative sales, increased by...
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These factors influenced prices in the milk and egg markets
The Hungarian Competition Authority (GVH) has also concluded two accelerated sector investigations. One in the domestic market of dairy products and one in the domestic market of table eggs. The...
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NGM: the government will do everything to further increase retail turnover
The government is working tirelessly to ensure that families can manage with more money and thus spend more, which is why it is implementing Europe’s largest tax reduction program. The...
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Eurozone retail sales fell month-on-month, but rose year-on-year in May
Retail sales in the eurozone and the European Union fell month-on-month, but rose year-on-year in May. According to data published by Eurostat, the statistical office of the European Union, retail...
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KSH: in May, retail turnover exceeded the same period of the previous year by 2.1 percent, decreasing by 1.3 percent compared to the previous month
In May, the volume of retail trade turnover exceeded the same period of the previous year by 2.1 percent, according to both raw and calendar-adjusted data, the Central Statistical Office...
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