Events
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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Focus on the international presence of Hungarian agriculture
Amidst international challenges, the role of specialist diplomats in representing the interests of the Hungarian agricultural and food industry, expanding export opportunities and bringing good practices home is becoming particularly...
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Clinical drug trials in Hungary are in decline
Few and fewer clinical drug trials are taking place in Hungary, even though the sector was previously considered one of the international leaders – writes Economx. Our country is still...
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Gala apples are cheaper than a year ago
In Poland, this year’s Gala apple harvest is coming to an end, and purchase prices have already fallen below last year’s level, FruitVeB reported. While in the first weeks of...
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Talentis Agro Group increased its irrigated areas
The new irrigation farms of Bakuczi Öntözézi Közösség Kft. and Csárdaszállási Öntözézi Közösség Kft. have been handed over, thanks to the investments made of nearly 1.6 billion forints, the irrigated...
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A new Hungarian development utilizes mushroom production waste
Mushroom production waste is utilized in a new development by Bio-Fungi Ltd. and the Hungarian University of Agricultural and Life Sciences (MATE), Bio-Fungi told MTI. The consortium’s project, which began...
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AM: Animal husbandry has almost doubled since the national government
Animal husbandry has almost doubled since the national government – the Ministry of Agriculture (AM) told MTI on Friday. The statement quoted Imre Hubai, the Minister of State for Agriculture...
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Sunflower seed prices continue to rise
According to Stratégie Grains, spot sunflower seeds in Argentina were traded at a price level of $10 higher, at $455/ton (FOB Buenos Aires), between July 11 and August 15. In...
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Drinking water pipe: asbestos cement or PVC? It doesn’t matter
The majority of Hungarians drink tap water, but a third of those surveyed do not know which pipe brings the most important natural liquid to their glass – research by...
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Ministry of Agriculture: the domestic pig sector is on solid footing
Despite the challenges of recent years, the domestic pig sector is on solid footing, and they intend to maintain animal welfare subsidies under the same conditions next year – announced...
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An exhibition titled “Sanitary” about the reality of hygiene poverty opens at the KULT7 Gallery
An exhibition titled Sanitary, presenting the reality of hygiene poverty in Hungary, will open on October 2 at the KULT7 Gallery in Budapest. The focus of the exhibition by the...
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Weak to medium plum harvest expected in Hungary this year
According to the forecast of the German Statistical Office (Destatis), Germany’s plum harvest in 2025 is expected to be around 44.5 thousand tons, which would exceed the amount harvested in...
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Heineken agrees to buy FIFCO assets in Central America push
FIFCO will retain its hotels and hospitality businesses in Costa Rica and its 25.14% stake in glass manufacturing business Comegua Dutch brewer Heineken is to acquire the beverages and retail...
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Amazon Fresh to shut all UK stores as it ramps up online presence
Amazon Fresh is to close all of its brick-and-mortar stores, to make way for new Whole Foods locations, as it expands its online delivery partnerships with Morrisons, Co-op, and Iceland....
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István Jakab: V4 agricultural chambers stand in favor of preserving EU agricultural subsidies
The agricultural chambers of the Visegrad countries (V4) stand united in favor of preserving EU agricultural subsidies – said István Jakab, Vice President of the Parliament, at a press conference...
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China tightens controls on livestream trade
China’s State Administration for Market Supervision (SAMR) said on Tuesday it will launch a stricter inspection campaign to crack down on online commerce abuses involving live streaming. Liu Junwei, deputy...
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Carrefour Unveils First Airport Convenience Store In Spain
Carrefour has opened its first airport convenience store in Spain, a Carrefour City outlet located in Terminal 2 of Barcelona-El Prat Airport. Carrefour noted that the new outlet is specifically...
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Real Nature recalls dark chocolates due to insect contamination
Due to insect contamination, the distributor Real Nature Kft. has initiated a recall of two Real Nature dark chocolate products – the National Trade and Consumer Protection Authority (NKFH) informed...
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NAK’s rural economic advisors also prepare farm development applications free of charge
The National Chamber of Agriculture has further expanded its range of services. In addition to the call for proposals to encourage small farms, young farmers and farm transfers, NAK’s rural...
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István Nagy: campaign to promote rabbit meat consumption launched
The Rabbit Interprofessional Organization and Product Council, together with its Spanish counterpart, have launched a three-year, 4.2 million euro campaign to promote rabbit meat consumption and increase its market presence...
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HoReCa Heroes 2025 awards presented
On 22 September crisis-resistant players in the sector were honoured with HoReCa Heroes awards at the Business Days conference. The award programme was established by the HoReCa and Event Chapter...
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Pessimistic consumer sentiment eased somewhat in the euro area in September
The eurozone’s pessimistic consumer sentiment eased somewhat in September, according to a preliminary report published on Monday by the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN). The...
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Stable harvest, depressed prices – the Hungarian onion market shows a mixed picture this year
The 2025 season brought some surprises for Hungary’s open-field vegetable growers: instead of the 45–60 scorching days experienced in previous years, this year saw only 11 tropical days, while the...
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Raw milk’s price drops below 200 forints
According to AKI PÁIR data, the average national producer price of raw milk in Hungary was HUF 199.3/kg in June 2025. With both fat and protein content declining by 0.06...
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Opten: Persistent stagnation in company trends
There was no real shift in August either: the number of company formations, dissolutions and proceedings also decreased, but all of this is a movement that is strongly in line...
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