Market News
New climate target in the renewables category
According to PwC’s Net Zero Economy Index, global carbon intensity was down just 1.02% in 2023, while the 1.5°C target of the Paris Agreement would require a 20.4% annual emissions...
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HIPA: Investment incentives in Hungary exceeded 10 billion euros for the second year in a row last year
Last year, the inflow of direct capital into Hungary exceeded ten billion euros for the second consecutive year; in 2024, a decision was made to launch 77 projects, representing almost...
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Using AI in food marketing requires a conscious strategy
In the competition for market share, those companies have the best chances that can tune in to consumer needs the best and act the fastest to satisfy them. The pace...
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Starbucks drops plant-based milk surcharge in North America
Starbucks phases out charging extra for plant-based milk at its company-owned stores in the US and Canada from 7 November. As a result of this step, drinks made with oat,...
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Growing security awareness in online shopping
According to the latest survey by Pepita.hu, Hungarian online shoppers are becoming increasingly aware of the need to protect their personal data and use secure payment solutions. This article is...
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The Coconut Collaborative rolls out vegan white chocolate dessert in a pot
UK-based The Coconut Collaborative has launched a new range of vegan coconut-based desserts in supermarkets across the country. Dubbed Choc & Caramel, the dessert is a creamy treat made with...
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The Croatian government would expand the price cap on another commodity
The Croatian government will extend the price cap to more goods by the end of the month due to the extent of the currency collapse, Economy Minister Ante Susnjar said...
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Czech Retailer Albert Opened 11 New Stores Last Year
Czech grocer Albert, which is part of Ahold Delhaize, opened 11 new outlets across the country last year. Among the new outlets are a store at Prague’s main train station, a...
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Mars in the lead!
According to data by Worldly Partners, published at the end of last year, the world’s five largest confectionery companies together generated US$68 billion in revenue in 2023. Mars is currently...
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Barilla to boost pasta production in Italy
Barilla is to invest €30m ($30.5m) to expand the production of “pasta al bronzo” at its plant in Foggia in southern Italy. Pasta al bronzo is a type of pasta...
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Italian Shoppers Opt For Convenience Over Price, Study Finds
A survey by Italian consumers association Altroconsumo revealed that convenience is the top priority for 33% of supermarket shoppers, followed closely by price at 24%. Only 17% of consumers prioritise...
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SPAR Slovenia and YouSea Institute collect 380kg of waste in marine clean-up
SPAR Slovenia, in partnership with the YouSea Institute, launched a series of clean-up initiatives to preserve the Slovenian coast. The first of four planned clean-ups took place in November 2024...
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NGM: the government fulfilled its commitment, inflation decreased to 3.7 percent in 2024, which will decrease even further in 2025, to 3.2 percent
The government fulfilled its commitment, bringing down inflation, which had increased due to the war and the energy crisis, in 2023 and keeping it at a low level in 2024....
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KSH: prices exceeded the values of the same period of the previous year by 4.6 percent in December and by an average of 3.7 percent in 2024
In December 2024, consumer prices exceeded those a year earlier by an average of 4.6 percent, and by 0.5 percent compared to the previous months. In 2024, prices increased by...
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Shell Hungary survey reveals new trends in digital shopping
Smartphones have become an integral part of our daily lives, and the latest research by Shell Hungary highlights how these devices shape our shopping habits. According to the research, 87...
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Industrial production decreased by 4.2 percent in November
In November 2024, the volume of industrial production fell by 4.2 percent, or 2.9 percent adjusted for working days, compared to a year earlier. The volume of production decreased in...
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Global trends – food industry insights
In collaboration with experts from Kantar, ProtéinesXTC and Circana, SIAL Paris has created a research tool called SIAL Insights, the results of which are published every autumn, before the opening...
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Every fourth Hungarian would like to improve their digestive well-being, but doesn’t know how
The start of the new year is a time for many to pay more attention to their health. However, according to a recent Hungarian study*, a significant proportion of Hungarians...
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There were fewer capitalists and the real value of capital income also decreased in 2023
According to NAV data, in 2023 the number of people with capital income decreased from 375 thousand to 356 thousand, about 5 percent. The amount of declared net capital income...
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2025: top 10 trends in the world of work
As technology continues to shape the way businesses of all sizes operate and grow, 2025 will be another defining year for the world of work. While the return to the...
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SIAL Innovation Award winners 2024
SIAL Innovation is the international centre for food innovation, which reviews the entries of thousands of exhibitors every two years, in collaboration with ProtéinesXTC. This article is available for reading...
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GKI analysis: Russian gas exposure – Could it be otherwise?
Hungary’s exposure to Russian energy, which can be traced back to the infrastructure built during the Cold War, causes significant vulnerability from both a political and economic perspective. However, Russian...
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SIAL: focus on sustainable enjoyment
Every even year the most important event for the global food industry is SIAL, which celebrated its 60th anniversary this year. On 19-23 October the Paris Nord Villepinte Exhibition Centre welcomed...
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NKFIH launches project to stimulate SMEs
A new project of the National Research, Development and Innovation Office (NKFIH) encourages micro, small and medium-sized enterprises to develop professionally, innovate, and expand economic relations and research areas, the...
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What is Consumer Protection investigating in 2025?
The 2025 Inspection and Investigation Program of the Consumer Protection Authority contains the thematic investigations along which the government agencies acting within the scope of the consumer protection authority will...
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Annual inflation in Romania rose to 5.14 percent in December
The annual inflation rate in Romania rose to 5.14 percent in December, the National Institute of Statistics (INS) announced on Tuesday. In November, consumer prices in Romania were 5.11 percent...
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Turn 2024 – Rise of active individual entrepreneurs
The number of sole proprietorships grew dynamically in 2024, while the decline in partnerships continued. There are currently more than 1.1 million sole proprietorships and partnerships in Hungary, and the...
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2024 is the new record year for domestic tourism
Surpassing the outstanding 2023 result by almost 11%, more than ever before, nearly 18 million tourists arrived at Hungarian accommodation facilities in 2024. The guest nights they spent also increased...
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Quarterly labor market analysis: wage increases are the most likely to mobilize employees
The lively employment activity experienced since the beginning of 2023 subsided in the last quarter of 2024, with an increase of less than 5% in the number of applications submitted...
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Shoppers don’t want sustainable, but they want organic?
In Germany the proportion of people who regularly buy sustainable products has dropped from 27% to 20%, and since July only 62% are willing to pay more for sustainable products...
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