Market News
The purchase of agricultural machinery fell: data from the first quarter
According to the latest report of the Agricultural Economics Institute (AKI), in the first quarter of 2024, individual farms and social enterprises bought a total of HUF 39.5 billion worth...
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According to the 19-29 year olds, inflation in May was 18 percent, compared to the actual figure of 4 percent
According to the K&H youth index, young people still perceive inflation to be much higher than the actual one. In the second quarter, an average increase in prices of 18...
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The volume of lake farm fish production decreased by 7 percent
The volume of Hungarian fish production in 2023 was 19,673 tons, which is 7.3 percent lower than the volume of the previous year. In 2023, 80.0 percent of fish production...
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Nestlé Launches Website To Support People On Weight-Loss Drugs
Food giant Nestlé’s health unit has launched a web platform to provide nutritional support for individuals on weight loss programmes, including those using GLP-1 medications. Nestlé Health Science said the...
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Ultra-processed foods ‘should carry tobacco-style warning’ – scientist says
Professor Carlos Monteiro said studies and reviews into the impact of UPFs were no longer sufficient to warn of the health hazards. The Brazilian scientist who coined the term ultra-processed...
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FAO: this year’s world grain harvest could be at a record level
The world’s grain harvest could be a record 2.854 billion tons this year, according to the latest monthly forecast of the Food and Agriculture Organization of the United Nations (FAO). The...
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KSH: retail turnover increased by 3.6 percent compared to the same period of the previous year
In May, the volume of retail trade increased by 3.6 percent compared to the same period of the previous year, according to both raw and calendar-adjusted data, the Central Statistical...
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MBH Bank: Encouraging outlook in the trade sector – sector outlook
In May, the retail turnover essentially stagnated, but excluding the turnover of gas stations, the monthly increase was 0.6%. The growing trend of consumer confidence has flattened out recently, essentially...
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The sustainability of the traditional meat industry must be supported
The production and marketing of laboratory meat raises many questions and concerns, most of which we do not yet have satisfactory answers to, said Dr. Márton Nobilis is the State...
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The FAO food price index remained stable in June
According to the Friday report of the UN Food and Agriculture Organization (FAO), the world market index of food raw materials did not change in June, as the increase in...
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Krisztina Máté: “You can’t make up for the important things afterwards”
Trade magazine’s Business Podcast continues Krisztina Máté, producer of the business-themed television show “Cápák között” (Shark Tank), was Szilvia Krizsó’s guest in the latest episode of the Future Talks podcast....
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NGM: the expansion of consumption has been unbroken for the fifth month
The collapse of inflation and the dynamic growth of real wages played an important role in the expansion of retail trade, which, together with the strengthening of consumer confidence, gradually...
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Industrial production decreased, food, beverage and tobacco production increased
In May, the volume of industrial production was 5.2 percent, or 4.9 percent less than a year earlier, adjusted for the working day effect. As of April 2024, industrial output...
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In the first five months of the year, retail sales in Romania increased by 8 percent
In the first five months of the year, retail sales in Romania increased by 8 percent based on raw data, the National Institute of Statistics (INS) announced on Friday. According...
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Retail sales increased in the euro area and the European Union in May
Retail sales in the euro area and the European Union increased in both monthly and annual comparisons in May. According to data published on Friday by Eurostat, the statistical office...
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MMSZ members elect officials
At the annual general meeting on 15 May, the Hungarian Marketing Association (MMSZ) elected a new presidency, supervisory board and ethics committee. This article is available for reading in Trade...
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Roland Berger: The 1.5°C target can be more easily reached by joining forces with the world’s largest carbon dioxide emitters
The world’s thousand largest carbon dioxide-emitting industrial assets are owned by four hundred companies and together they emit about 8 gigatonnes of carbon dioxide annually. If the devices emitting this...
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Few people know it, but many bank customers can save money with it if they refer in this way
Based on the latest data from the MNB, in the first quarter of 2024, more than 136,000 instant transactions initiated for payment requests were completed, worth nearly HUF 5.8 billion....
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Eszter Vitályos: intolerable conditions at the airport, the government expects immediate, quick and effective measures
The conditions at the airport are intolerable, the government expects immediate, quick and effective steps – the government spokesperson announced on Saturday on his Facebook page. In her post, Eszter...
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10 million redemptions in the MOHU REpoint system
The number of redemptions in the MOHU REpont redemption system has reached 10 million, the company announced on Saturday. According to the new regulations, from July 1, beverage manufacturers can...
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The secrets of pricing premium pastries
Our article published at the end of June, which discussed the prices and profitability of premium bakeries in Budapest, caused a serious response. In the article, based on the company...
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Amazon in AI partnership to help brands measure ad performance
Amazon is collaborating with an artificial intelligence-enabled market insight platform to measure the sales impact of ads across multiple retailers. The e-tail giant and Stackline have rolled out a multi-retailer...
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Tropicana invites public to create new flavour
Tropicana has invited the public to work with its ‘Master of Orange’ to create the brand’s next juice flavour. The new campaign will see a singular chosen applicant inventing a...
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Carrefour Eyes Acquisition Of Uvesco In Spain
Carrefour is exploring the acquisition of Spanish food distributor Uvesco Group from PAI Partners, according to media reports. PAI Partners owns a majority stake in Uvesco, which operates the BM...
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GfK’s European commercial purchasing power study is now available
The average commercial purchasing power in Europe is 6,517 euros per person, however, there are significant differences between the 25 European countries examined in terms of expenses spent on commerce:...
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MBH Bank: GDP growth may jump to 4.2 percent next year, but the 2.7 percent growth target can be maintained this year as well
MBH Bank’s analysts expect an economic growth of 2.7 percent for the year 2024, but for 2025 they are projecting a growth that is significantly more favorable than this year,...
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Is the era of cheap Chinese stuff over? The EU is introducing tariffs
The European Commission plans to introduce new measures on cheap goods sold by Chinese online retailers such as Temu, AliExpress and Shein. This is intended to deal with the increase...
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Beer consumption in Hungary decreased by 10 percent in the past year
The amount of beer sold in Hungary was just over 5.4 million hectoliters in 2023, which represents a significant drop compared to 6.01 million hectoliters in 2022. According to the...
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Here are the first results: the CO2 emissions of domestic agriculture are that much lower
We see data on greenhouse gas emissions not only at the global and EU level, but also for domestic producers. The first results of the K&H agricultural CO2 calculator, which...
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ALDI brought smiles to the faces of hundreds of small children
ALDI provided help and support for Hungarian children with another measure. In the spring of 2024, the company donated outdoor and indoor toys to 21 kindergartens and social institutions –...
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