Market News
ProVeg: Lidl Germany offers the best prices for vegan products
According to a recent survey by ProVeg, Lidl’s basket of plant-based cold cuts, sausages, meatballs, fish sticks, fresh cheese and yogurt, sliced cheese, cooking cream, milk, pizza and breaded slices...
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Banning ‘forever chemicals’: EU moves to restrict PFASs
The European Commission is planning to introduce a new proposal aimed at a broad ban on the use of so-called “perfluoroalkyl substances” (PFAS) in consumer products. The measure aims to...
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Serious crisis in Hungarian beekeeping: profitability of the sector at rock bottom
The Kaposvár beekeepers’ meeting painted a gloomy picture of the situation in Hungarian beekeeping. The president of the National Hungarian Beekeeping Association, Péter Bross, reported that inflation had doubled in...
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Routine is not enough: global transformation and local adaptation!
The Marketing Decision Makers Club, founded at the end of 2016 and operating as an exclusive professional community of the Hungarian Marketing Association, is summarizing for the ninth time what...
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AI for increasing customer loyalty
According to a recent survey, companies in the retail sector are increasingly using AI technology to strengthen customer loyalty. This article is available for reading in Trade magazin 2024/12-2025/01. Every...
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Chinese retailers see AI as the future of boosting sales
According to a new survey by Bain & Company, the Chinese e-commerce sector is increasingly adopting AI technology to improve efficiency and boost sales. This article is available for reading...
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Márton Nagy: Liszt Ferenc International Airport had a record year in 2024
Last year, the Liszt Ferenc International Airport handled more than 17.5 million passengers, which is its best performance ever, said Minister of National Economy Márton Nagy on his Facebook page....
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OPUS TITANS for the third time for the energy of the future
The OPUS ENERGETIKA Group is announcing the OPUS TITÁNOK competition for the third time in 2025 in order to promote energy awareness and expand the knowledge of young people. In...
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One of the most common food colorings has been banned
The U.S. Food and Drug Administration (FDA) on Wednesday banned the widely used, carcinogenic food coloring Red Dye 3 from foods, icings, candy and pharmaceuticals. The decision was based on...
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The growth in the German organic food market is unbroken
According to a report by the German Farmers’ Association (DBV), the German organic food market may have grown by more than 5% in 2024, signalling the sector’s recovery from the...
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IBM, L’Oréal team up to advance AI-driven, sustainable cosmetic formulations
A custom AI model will be created to help L’Oréal develop sustainable and high-performance products. IBM and L’Oréal have partnered to use IBM’s generative AI technology to enhance cosmetic formulations...
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US: Aldi offers best value, low everyday prices, according to customer survey
Fast-expanding discount grocer Aldi is touting its ability to save shoppers money on grocery essentials. The grocer partnered with Ernst & Young Quantitative Economics and Statistics Group (QUEST) to conduct an...
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The prices of bread and hamburgers increased mainly
According to recent data from the Central Statistical Office (KSH), the Hungarian food market has been hit by significant price increases over the past five years. The largest price increases...
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Coffee that connects: trends and challenges in the coffee market
Coffee is now part of our everyday lives, and although it may become a luxury item in some ways due to rising prices, it is still one of the last...
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Food price hike takes off in Hungary
The chart shared on the Vakmajom Facebook page highlights that Hungarian food prices have been continuously above the European Union average since 2020. While we already exceeded the EU level...
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A revolution in DRS: the 50-forint system may soon extend to mason jars
A new era could be approaching for Hungary’s Deposit Return System (DRS) as the Mol Waste Management Company (Mohu) is exploring the possibility of including glass jars and other conserves...
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Meat, milk, eggs? How to replace them with plant-based products
The popularity of plant-based products is constantly growing, and today 30 percent of customers regularly choose such products from the Kifli.hu range. The online supermarket offers more than 500 such...
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This is how the Ministry of Agriculture explains the continuous price increase
The Ukrainian threat to oil supplies and US sanctions are leading to a significant increase in fuel prices, the Ministry of National Economy (NGM) said. According to the statement, the...
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Fruit sales are booming in supermarket chains
With the arrival of the cold months, vitamin supplementation becomes crucial not only for health preservation, but also for protecting our wallets. The demand for fresh vegetables and fruits increases...
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Eurostat: the number of guest nights spent in tourist accommodation establishments in the EU continued to increase
The estimated number of nights spent in tourist accommodation in the EU reached 2.99 billion in 2024, up 53.4 million, or 2 percent, from the previous year, the European Union’s...
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The government is providing more funds for village shops this year than last year
The government will provide more resources for the Hungarian Village program in 2025 than last year, the government commissioner responsible for the development of modern settlements announced in a video...
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NKFH: the consumer protection partnership protects the interests of Hungarian families and law-abiding businesses
Consumer protection official inspections are ongoing throughout the year, which government agencies conduct in the interest of Hungarian families and law-abiding businesses, the National Trade and Consumer Protection Authority (NKFH)...
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Airbnb Ban in Budapest’s District VI: Apartments Turned into Hotels
From January 1, 2026, operating private accommodations will be prohibited in Terézváros, significantly reshaping the short-term rental market. One of Budapest’s largest apartment complexes, the Central Passage on Király Street,...
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Hungarian mushrooms: the superfood of the future
The joint research and development project of the Hungarian Mushroom Grower Ltd. and the University of Debrecen could revolutionize mushroom cultivation and processing. The company has built a plant with...
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Almost 26 thousand applications received for programs encouraging environmentally sustainable farming
There was great interest in the programs supporting agri-environmental management and organic farming. A total of almost 26 thousand applications were received for the two calls, which together affect an...
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Nébih has lifted most of the surveillance zones set up due to avian influenza
There has been no bird flu outbreak in the Southern Great Plain since December 7, and the required measures have been taken by those concerned, so the National Food Chain...
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The good product or service that the customer desires
We don’t always win by buying a product on sale, and in fact, the service provider or retailer doesn’t win the most by lowering the price either. We know the...
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The National Farmer was awarded
The title of National Farmer was presented on Thursday at the Parliament House, this year the award was received by Erzsébet Bata, a farmer from Vojvodina, András Mocz, a forestry...
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EU and Mexico conclude negotiations on revised trade agreement
The European Commission and Mexico concluded negotiations on Friday to revise the common trade agreement that entered into force 25 years ago. The new agreement, the Commission said, will provide...
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The pre-tax profit of agriculture fell by almost half in 2023
The number of agricultural cooperatives decreased by 5.2 percent to 8,669 in 2023. The sector’s income fell at a much faster rate, by 44.6 percent (!), which was also significant...
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