Market News
German industrial production fell in April
Industrial production in Germany fell more than expected in April, the statistics office (Destatis) said in a report on Friday. German industrial production in April shrank by 1.4 percent in...
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Winemaker says it’s not enough to make good wine – you also need to provide an experience
The winemaking profession has long been about passion, tradition and artisanal values – but today it is increasingly defined by survival, creativity and market-oriented thinking. Domestic wine consumption is decreasing...
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Retail sales in Romania increased by 0.4 percent in April year-on-year
According to raw data, retail sales in Romania increased by 0.4 percent in April compared to the previous year, the National Institute of Statistics (INS) announced on Friday. According to...
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Consumers can look forward to “pick-your-own” sales this year as well
Although this spring’s weather was not kind to fruit growing, consumers can still find those orchards and plantations where they offer “pick-your-own” sales. It is therefore worth going with an...
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A battle for the throne in the furniture market: the competition between IKEA, JYSK and the Mömax–Möbelix–XXXLutz alliance
Three major players dominate the domestic home furnishing market: IKEA, JYSK, and MMXH Lakberendezési Kft., which includes the Mömax and Möbelix stores, to which XXXLutz has officially joined since 2023....
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Why are apples cheaper in Poland? – Prices, VAT and agricultural strategy in the background
A model Polish economy and a conscious tax policy are behind the surprisingly low Polish food prices for Hungarian consumers – writes Pénzcentrum. A Hungarian TikTok video has once again...
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Rice crisis in Japan: emergency imports and regulatory turnaround for stable prices
Rice prices in Japan have nearly doubled in a year, forcing the government to take extraordinary measures, especially in the shadow of Tokyo elections in June and national elections in...
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Algorithms control the shopping cart – this is how online platforms transform shopping decisions
Impulse buying is no longer just a consumer psychology, but a business model: Chinese e-commerce giants – led by Temu and Shein – have opened a new era in digital...
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The key to the future: artificial intelligence and digital innovation in wealth management
The Hungarian wealth management sector has reached another milestone in its knowledge base: the study entitled “Digital Development and Artificial Intelligence Opportunities in Wealth Management Services” has been published, which...
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Global semiconductor sales could grow 11.2 percent this year – WSTS
This year, global semiconductor sales are expected to grow by 11.2 percent to $700.9 billion, according to the World Semiconductor Trade Statistics (WSTS), a statistical institute that tracks international semiconductor...
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Another difficult year awaits the feed market
Avian influenza and foot-and-mouth disease infections significantly affect the volume of livestock farming – thus indirectly also the turnover of the feed industry. “A non-existent animal does not eat feed,”...
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EU adopts strategy to protect oceans and boost water economy
The European Commission adopted the European Ocean Pact on Tuesday, a comprehensive strategy to protect the health of the ocean, strengthen a sustainable and competitive aquatic economy and ensure the...
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Fake news about roundworms shakes the US cattle market
A misleading press release caused cattle futures to fall more than 2% on the Chicago Mercantile Exchange. U.S. authorities have launched an investigation, as farmers and traders alike watch the...
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Ministry of Agriculture: Collaboration is needed for successful water management
We can only achieve results in the field of water management through collaboration and a change in perspective: the cooperation of farmers, the water sector, local governments and the state...
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Maxi Redefines Hypermarkets with Freshness, Convenience and Value
ICA Maxi in Sweden is defying the hypermarket decline seen across Europe. Its owner-led stores combine fresh food craftsmanship, digital convenience, and strong value perception. The result: rising market share...
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Aldi Nord And Aldi Süd Owners Explore Merger
The Albrecht and Heister families – who own Aldi Nord and Aldi Süd, respectively – are reportedly discussing a merger of the two branches of the Aldi empire. The confidential...
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Mary returns home
On 17 March the Embassy of Ireland in Hungary celebrated St Patrick’s Day at the Budapest campus of Central European University (CEU). This article is available for reading in Trade...
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Kraft Heinz seeking to reshape portfolio
The Kraft Heinz Co. is considering reshaping its product portfolio. The company did not provide specifics, but said May 20 it is “evaluating strategic transactions to unlock shareholder value.” “At...
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Just Eat Ireland And Maxi Zoo Team Up For First-Of-Its-Kind Petcare Delivery
Just Eat and Maxi Zoo announced a new partnership on National Rescue Dog Day, which will see pet food deliveries available on the popular app. Ireland’s leading on-demand delivery platform...
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Ministry of Agriculture: Hungarian agricultural vocational training offers real opportunities for young people
The transformation process of agricultural vocational training has reached a milestone. This year, the first students who have already mastered the basics of the profession in the new, five-year technical...
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Our country still does not allow our Ukrainian agricultural products
It is in the interest of Hungarian farmers to be the first, so Hungary maintains a ban on imports against Ukrainian agricultural products even after the free trade agreement between...
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Hungary will not be caught unprepared by the drought
It is not yet known how severe this year’s drought will be and what consequences it will have, but the government and the water industry will not be caught unprepared...
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AM: significant support helps restore the natural water balance of the Dévaványa-Ecseg puszta
A significant part of the Körös-Maros National Park is a wetland, therefore it is of outstanding importance that the restoration of the natural water balance of the Dévaványa-Ecsegi heaths is...
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AM: Farmers can now apply for support to prevent animal diseases
Farmers can now apply for support to prevent animal diseases – the Ministry of Agriculture (AM) told MTI on Monday. Prevention plays a key role in curbing the development and...
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AM: strategic goal for Hungary to become self-sufficient in potato production
The Ministry of Agriculture (AM) considers it of utmost importance to strengthen domestic potato production, support farmers and achieve self-sufficiency – said Imre Hubai, the ministry’s state secretary responsible for...
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Retail kept its position in terms of employer attractiveness
Honouring Hungary’s most attractive employers, the Randstad Awards have been presented for the 12th time. This article is available for reading in Trade magazin 2025/6-7. Randstad has interviewed 170,000 employees in...
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Non-food discounters target Central Europe
Non-food discounters are rapidly transforming European retail: Action, Woolworth and Tedi are expanding rapidly in Central and Southeast Europe. This article is available for reading in Trade magazin 2025/6-7. The...
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The number of alternative protein patents is skyrocketing
Innovations related to alternative proteins are developing at a breakneck speed: the latest study by GFI Europe reveals that in 2023 1,191 patents were filed in the fields of plant-based...
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Veganz enters North America and Australia with new plant-based drinks
German plant-based food manufacturer Veganz Group has signed an agreement with Australian-American company Jindilli Beverages, for producing oat and almond alt-milk drinks under the Mililk brand. This article is available...
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Vegan barbecues will cost more in Germany this year
In Germany the price of vegan grilling products grew by 7% compared to 2024, according to the latest retail analysis by Marktguru. This article is available for reading in Trade...
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