Market News
István Nagy: We are taking Hungarian agriculture into the 21st century
We are taking Hungarian agriculture into the 21st century, but on this path we cannot be successful without schools and the future generation, we must now lay the foundation for...
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GfK German consumer sentiment index improved in September
GfK’s German consumer sentiment index for October improved more strongly than analysts had expected, partly due to a more favorable income outlook. According to data published on the institute’s website...
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The sugar beet processing campaign has begun at Magyar Cukor Zrt.
The 132nd beet processing campaign has begun at the Magyar Cukor Zrt. sugar factory in Kaposvár with the lighting of the lime kiln – the company informed MTI in a...
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Lipton entering new era
Lipton Teas and Infusions is making changes. The tea company, recognizable by its iconic red label, revitalized the brand with modernized packaging as part of a global rebrand. The rebrand...
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Asda signs landmark AI and cloud deal with Microsoft
Asda has unveiled a major new technology collaboration with Microsoft, marking one of the largest cloud and AI agreements in the UK retail sector. The deal, announced today (22 September),...
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Drought-hit corn farmers receive extraordinary support
Financial assistance has arrived for smaller, economically more vulnerable corn farmers who were in a difficult situation due to last year’s severe drought. Based on applications submitted in July, the...
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Car comfort features are changing rapidly
Comfort features previously only available in premium cars are now also available in entry-level models, according to Ayvens’ analysis. These include a high-resolution central display, smartphone mirroring or LED headlights,...
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Agrometeorology: precipitation hinders the harvest, but is good for the sprouted rapeseed
Rain hinders the harvest of sunflower and corn, but is very good for the sprouted rapeseed – wrote HungaroMet Zrt. in its agrometeorological analysis on Thursday. According to the analysis,...
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US Still Top Supplier Of Tree Nuts To EU
The European Union remains one of the world’s largest markets for tree nuts, with imports valued at $7.1 billion (€6 billion) in 2024, according to a recent report prepared for...
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Hungarian companies are focusing on stability and preparing for growth
EY has surveyed more than 1,000 business owners in 16 countries, including Hungary, Romania, Slovakia, Croatia, Poland, Slovenia, and Serbia, to gauge the business sentiment. This article is available for...
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EU green policy: food security risk increases due to decline in livestock
The livestock population in the European Union is continuously decreasing, caused by strict animal husbandry and environmental regulations, says a study by the European Livestock Voice (ELV). According to the...
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K&H analyst commentary: Hungary can reach its potential level
The latest forecast of the Hungarian National Bank has been published, which is essentially in line with market expectations. Dávid Németh, an expert at K&H, assessed the central bank’s expectations....
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The government adopted an action plan to protect the wine sector
The government has adopted an action plan to protect the wine sector, in relation to the fight against golden yellows – the Minister of Agriculture announced in his video message...
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GVH investigation: the start of a first-year student’s school year could have cost up to one hundred thousand forints
The Hungarian Competition Authority (GVH) has launched an investigation into the costs of the start of the school year in September. Although textbooks for first-year students are free, purchasing school...
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The awards for this year’s organic wine competition were presented in Debrecen
The awards for the 17th national organic wine competition were presented in Debrecen on Wednesday afternoon: the international jury selected the best from 75 organic wines from 21 wineries in...
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IPOSZ: there is no strong Hungarian economy without family micro and small businesses
Without family micro and small businesses, there is no strong Hungarian economy – said László Németh, president of the National Association of Industrial Associations (IPOSZ) on Wednesday, in Inárcs, at...
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NKFH: lollipop from the Netherlands withdrawn from sale due to sensory abnormalities
The importer, in cooperation with the National Trade and Consumer Protection Authority (NKFH), has withdrawn the Summer Pops Strawberry Flavour lollipops from the Netherlands from the market because sensory differences...
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Watermelon buyers are safe
Once again the National Authority for Trade and Consumer Protection (NKFH) and government agency experts are conducting nationwide inspections of watermelon quality and labelling this year. This article is available...
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István Nagy: We protect the vineyards!
The government has adopted an action plan to protect the wine sector, in relation to the protection against golden yellows – the Minister of Agriculture announced in his video message...
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Ben Stiller gets into the better-for-you soda space
Stiller’s Soda is a lower-calorie soft drink that doesn’t contain probiotics, filling what the brand says is a “gap” in the beverage sector. Actor and producer Ben Stiller is launching...
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Illycaffè introduces compostable Coffee-B system in Italy
Italian coffee producer illycaffè, in partnership with Swiss retailer Migros, is launching the Coffee-B system in Italy. Unlike traditional capsules, the system uses fully compostable coffee balls made from freshly...
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Lidl Boosts Investments In Spain
German retailer Lidl has reinforced its commitment to Spain, investing in the country’s economy and its own expansion. The discount retailer allocated €8.2 billion to purchasing Spanish products and its...
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Institute of Agricultural Economics: Domestic feed compound production increased by 4.1 percent in 2024
Hungarian mixing plants produced a total of 3.8 million tons of farm animal feed compound in 2024, an increase of 4.1 percent compared to the previous year – according to...
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József Viski: It is in Hungary’s interest to preserve the independent, two-pillar common agricultural policy
Hungary considers the EU Commission’s proposal to reduce the resources allocated to the Common Agricultural Policy (CAP) in the next seven-year EU budget unacceptable, as it is in the interest...
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OECD further improves forecast for global GDP growth this year
The Organization for Economic Co-operation and Development (OECD) has upgraded its forecast for global GDP growth this year, the organization announced on its website on Tuesday. The OECD revised its...
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EPR fees will increase from October: the prices of several products may double
From October 1, the price of many products in Hungary may increase significantly following the decree of the Minister of Energy – writes Index. According to the legislation published in...
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MNB: slower growth, declining inflation expected
The Hungarian National Bank lowered its GDP growth forecast for this year to 0.6 percent in a statement following the interest rate decision. The inflation forecast, however, improved slightly, partly...
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Price increase intentions of companies are down, but…
In recent years the Hungarian economy has been hit by several external shocks. This article is available for reading in Trade magazin 2025/8-9. The first of these was the Covid-19...
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Hungary argues for realistic climate goals in EU debate
The European Commission proposes to reduce the EU’s net greenhouse gas emissions by 90 percent by 2040 compared to 1990 levels. According to the Hungarian position, the objectives should be...
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It would be disadvantageous if the European Commission also tied the payment of agricultural funds to political conditions
It would be extremely serious and disadvantageous if the European Commission also tied the payment of agricultural funds to political conditions in the seven-year EU budget after 2027, as this...
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