The food industry is a national strategic sector
We managed to put inflation, which had risen high due to the war and sanctions, onto a downward path, and we aimed for a further strong decrease, said Dr. Márton Nobilis, State Secretary of the Ministry of Agriculture responsible for food industry and trade policy, at the X. Laurel Retail Conference, Wednesday, Budapest.

(Photo: AM)
The state secretary emphasized that in order to reduce inflation, the government first introduced the price cap, followed by mandatory food price promotions as the next measure. In this way, this year’s most important goals are to protect families and to have inflation in single digits by the end of the year. Dr. Márton Nobilis added that independence should also be sought in the development of the food industry. We consider the food industry a national strategic sector. Let’s produce the products at home, and if possible, the processing should also take place locally. We have the skills and opportunities for this – he underlined. The state secretary emphasized that the government wants national champions who supply the Hungarian food market as a leading sector and also produce for export. These companies, if they can continue to grow and develop, will also attract medium and small businesses. The important thing for us is to create competitive, new developments with modern tools – he concluded.
AM
Related news
St. Andrea Vineyards was named Winery of the Year in Hungary
Hungarian wineries work with faith, perseverance, loyalty, and keep up…
Read more >Chicken is getting more expensive, eggs are getting more expensive – this is what awaits Hungarian consumers now
A significant price increase has taken place on the domestic…
Read more >Prices are soaring on the poultry market: chicken, turkey and eggs have also become more expensive
In recent months, a significant price increase has taken place…
Read more >Related news
EU Sees 2% Growth In Ice Cream Production In 2024: Eurostat
Ice cream production in the EU increased by 2% year-on-year…
Read more >Oatly Is Launching A Ready-To-Drink Matcha Latte Oat Milk This Summer
Oatly is the latest plant-based milk brand to launch a…
Read more >The Hungarian Central Statistical Office (KSH) reported better-than-expected GDP data
In Q2 2025, Hungary’s GDP figures published by the HCSO…
Read more >