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Analysts are also divided by the recent retail sales and inflation data
Analysts have different points of view on this year’s inflation outlook, and January’s data did not provide a clear picture of the coming months. According to the statement of the...
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Will Temu displace domestic online stores?
Although the Chinese e-retailer Temu appeared on the domestic market only a few months ago, it has already become one of the dominant players in the domestic e-commerce market thanks...
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GVH: competition dampened food inflation
In 30 months, food inflation measured on an annual basis was not as low as in the first month of 2024. The Central Statistical Office (KSH) announced on Friday that...
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Hungarians are consuming more and more instant soup
The latest FMCG trends show that Hungarians increasingly prefer food that can be prepared easily and quickly. Within this, instant soups have become particularly popular, they are easily available, can...
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K&H: That’s how many people can expect a bonus this year
This year, three-quarters of large domestic companies plan to provide their employees with cafeteria benefits. In addition to the legally prescribed travel expense reimbursement, the SZÉP card is the most...
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Even though plane tickets are getting more expensive, more people are traveling by plane this year
Experts expect further growth in demand for air travel this year, which predicts a continuous increase compared to last year. A double-digit increase can be observed in the month of...
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Márton Nagy: inflation has practically collapsed, the government has already reduced it below 4 percent
According to the data of the Central Statistical Office (KSH), in January 2024, the government reduced the rate of inflation to less than one-sixth of its peak a year ago,...
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The European Waste Reduction Week awards were presented
The government’s goal is to increase the economic policy role of the waste management sector and to transition to a circular economy, said the Secretary of State responsible for the...
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MOHU promotes selective waste collection and REpoints
MOHU promotes selective waste collection and waste recycling REpoints, and television presenters Nóra Ördög and Attila Till joined the company’s campaigns as ambassadors. Gábor Ozoli, the spokesperson of the MOHU,...
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The pace of food price increases slowed in Germany in January
In Germany, annual inflation fell to a 2.5-year low in January, according to the final data presented by the German Federal Statistical Office, Destatis, on Friday. Inflation decreased to 2.9...
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A “green turn” is needed in the field of food safety
The LMP collects signatures in order to maintain healthy and safe food, GMO-free, and limit the advertising of ultra-processed products. Erzsébet Schmuck, the co-chair of the opposition party, said at...
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Subsidies for Hungarian farmers are also guaranteed in 2024
The Hungarian government recognizes the importance of domestic agriculture: agricultural subsidies have been provided this year as well, which give a significant impetus to the development of agriculture and the...
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Coke adds first new permanent flavor in several years with Spiced
The beverage giant is also introducing a limited-time beverage under its Creations platform called Happy Tears Zero Sugar, which contains salty minerals. The Coca-Cola brand is debuting its first permanent...
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Institute of Agricultural Economics: the price of grain, industrial and fodder crops, and many vegetables decreased
The price of grain, industrial and fodder crops has decreased, and the majority of vegetables have also become cheaper, or their increase in price has moderated or stopped by the...
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This year is the year of developments in vocational training
This year is the year of improvements in the “European champion” Hungarian vocational training, announced the Secretary of State responsible for innovation, higher education, vocational training and adult training of...
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EU approves marketing standard rules in “breakfast directives”
The EU is set to introduce “breakfast directives” that lay down rules on the composition, sales names, labelling and presentation of the products. The EU has agreed upon new marketing...
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Lidl Switzerland Slashes Prices Of Over 100 Organic Items
Lidl Switzerland has lowered the prices on over 100 organic products, including everyday staples like milk, bread, meat, fruit, and vegetables. This constitutes around a third of its 350 organic...
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Sainsbury’s wants to rise to the next level
New three-year strategy puts market share growth, loyalty and retail media capabilities as well as billion-pound cost savings program in focus. Sainsbury’s, the UK’s number two grocery retailer, is looking...
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There is no future without farmers! Producers demonstrating in Záhony demanded the introduction of an immediate import ban on Ukrainian goods from Brussels
Organized by the Association of Hungarian Farmers’ Unions and Farmers’ Cooperatives (MAGOSZ) and the National Chamber of Agriculture (NAK), domestic producers held a farmers’ demonstration at the border crossing in...
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The government provides HUF 450 billion for the development of enterprises through the GINOP PLUSZ program
The government’s goal is to restore economic growth and achieve a GDP growth of around 4 percent in 2024 after successfully suppressing inflation. In order to support dynamic development, the...
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Eurostat: 513 kilograms of waste was generated per person in the EU in 2022
The amount of municipal waste per capita in the European Union was 513 kilograms in 2022, 19 kilograms or 4 percent less than in 2021 (532 kg); In Hungary, 406...
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GVH organized an online workshop on consumer protection responsibility
In an online workshop, experts from the Economic Competition Office (GVH) and domestic private law experts discussed the most current issues of consumer protection responsibility. In the framework of the...
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GVH: the online price monitor received a quality award
The online price monitor operated by the Economic Competition Authority (GVH) received a quality award at the Website of the Year competition, the GVH told MTI on Thursday. They recall...
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A Hungarian innovation helps prevent mass fish kills
The Agricultural and Food Business of MBH Bank and its professional partner, the Hungarian Aquaculture and Fisheries Inter-professional Organization (MA- FISH). One of the main advantages of the entirely domestically...
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Mars Brings Back Seasonal M&M’s Flavor for Valentine’s Day
M&M’s released its 2024 Valentine’s Day gift guide and introduced new offerings. M&M’s released its 2024 Valentine’s Day Gift Guide exclusively on its online shop, which offers customizable gifts, party...
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The revenue of Budapesti Gyógyfürdői és Hévízei Zrt. set a record last year
The revenue of Budapest Gyógyfürdői és Hévízei (BGYH) Zrt. set a record last year: according to preliminary data, it was close to HUF 23 billion compared to the planned HUF...
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Agrometeorology: continued mild weather disturbs the dormant phase of vegetation
The continuing mild weather disturbs the winter dormant phase of the vegetation, the plants have started to develop, but too early development increases the risk of spring frost damage –...
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Crai And Glovo Partner For Rapid Grocery Delivery
Italian grocery chain Crai has partnered with delivery platform Glovo to offer 30-minute home delivery from select stores in Italy. The service will be launched in the Lazio and...
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Let’s choose Hungarian-grown ornamental plants for Women’s Day as well!
Despite rising prices, Hungarians are not giving up on buying flowers for the spring holidays, according to the joint market overview of the National Chamber of Agriculture and the Professional...
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Demand for low/no beverages jumps by 10 percent
According to supermarket giant Tesco, consumers have created an increased demand for no and low alcohol during Dry January. Latest reports have revealed that, during Dry January, supermarket giant Tesco...
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