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Shrinking wallets, growing challenges – Declining consumption among Generation Z

While older generations continue to show a slight increase in purchases, the data shows a dramatic decline among the youngest adults. In the first months of 2025, purchases by 18-24...

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The government is satisfied with the latest labor market data

Hungarian employment is among the leading in Europe, and the new measures aim to preserve this and allow even more people to work, wrote Sándor Czomba, State Secretary for Employment...

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The government provides irrigation water to farmers free of charge

The government will provide irrigation water to farmers free of charge by taking over the payment of water fees from farmers in the amount of about 10 billion forints, said...

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MÁK: Farmers will soon receive the coordination letters related to the unified application

Farmers will soon receive the coordination letters related to the unified application, in which they will inform beneficiaries about the possibilities for corrections, after which the payment schedule may be...

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Ice Cream of Lake Balaton competition

This year marked the twelfth Ice Cream of Lake Balaton competition, which has become a nationally recognised professional event by now. This article is available for reading in Trade magazin...

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Senior executives and users have sharply different opinions about the reliability of artificial intelligence – international survey

There is a sharp divergence in the views of senior executives and users on the trustworthiness of artificial intelligence. Whether it is data protection, accuracy or transparency, the average person...

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NAV: the procedure for clarifying the employment relationship will come into effect from July

The National Tax and Customs Administration (NAV) will expand its economic whitewashing toolkit from July 1st: the employment relationship clarification procedure will come into effect, which could be effective against...

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Producers and consumers must be brought closer together

By strengthening the short supply chain, producers and consumers must be brought closer together so that small-scale food producers can be more competitive – said Imre Hubai, State Secretary for...

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Cold drink, hot consequences: iced refreshments can cause heart rhythm disturbances

It may sound bizarre at first, but it’s scientifically proven: cold drinks and food can sometimes trigger heart rhythm disturbances, according to a recent American study. The phenomenon is called...

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This year’s FAO scholarship recipients graduated in biotechnology and water management engineering

This diverse community is not only proof of the global presence of agricultural education, but also a powerful reminder that knowledge knows no borders, said Dr. Oszkár Ökrös, Deputy State...

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NKFH: French yogurt in a glass was recalled due to broken glass

Broken glass may be found in the French “traditional” or “gourmet” yogurt, plain and fruit versions of the Beillevaire brand, the National Trade and Consumer Protection Authority (NKFH) announced. No...

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Today, lecsó is not the same as it used to be – the classic Hungarian dish has become brutally expensive

In four years, the price of the classic Hungarian lecsó has increased by almost one and a half times: in 2021, a portion for four people cost barely 2,700 forints,...

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Pernod Ricard launches restructuring plan as spirits sales slide

Pernod Ricard is streamlining its business by grouping brands into two main divisions, according to internal presentation slides seen by Reuters last Wednesday, as European spirits makers grapple with a...

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NAK announces its large-company-startup program again

The National Chamber of Agriculture (NAK) is announcing the NAK TechLab large-company-startup program for the seventh time, the organization told MTI on last Tuesday. The National Chamber of Agriculture (NAK)...

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Ministry of Agriculture: Our country continues to stand for effective plant and animal protection

Brussels must not endanger the competitiveness of farmers in the field of animal and plant protection either – announced István Nagy, Minister of Agriculture, on his social media page in...

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Trigo aims to combat shoplifting with AI and computer vision

Israeli provider of scanless store technologies Trigo is launching a solution that promises to detect possible cases of shoplifting using computer vision and AI. It uses CCTV cameras to anonymously...

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Tommy Brings Coop Italia Products Exclusively To Croatia

Croatian grocery retailer Tommy has forged an exclusive partnership with Coop Italian Food (CIF) to import and sell over 600 of its private-label products. Tommy will be the sole Croatian...

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Hungarian melon season starts with high-quality melons

Compared to last year, the volume of melon imports has decreased by 51 percent, which means that melon growers can meet domestic demand and can also export – the Minister...

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(HU) A nap mondása

Sorry, this entry is only available in HU....

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The special retail tax will remain until 2026

The new tax package announced recently brings significant changes for both the actors of the Hungarian economy and the population. The legislation raised several provisions previously regulated in emergency decrees...

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The European Commission demands the abolition of margin squeeze

The European Commission has launched infringement proceedings against Hungary over the reduction of margins on food and drugstore products, and is trying to get the government to withdraw its decision...

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Mohu’s bottle return role in jeopardy due to a new EU regulation

According to a new European Union regulation, from 2029, only non-profit organizations will be allowed to operate a take-back system for beverage packaging, which could seriously jeopardize the position of...

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Milk prices have risen, cottage cheese prices have fallen: the domestic dairy market is undergoing transformation

The price of domestic dairy products showed a significant annual increase in the first half of 2025, although the latest data from May indicate some price declines or stagnation for...

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Hungarian sour cherries in unprecedented crisis: the fruit could become a luxury item

The Hungarian fruit market, especially the sour cherry sector, has reached a historic low, characterised by record low yields, depleted stocks and skyrocketing prices. According to Index, the price of...

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“Italian heritage, Hungarian pride” The Italian roots of Hungarian salami production

Following the temporary exhibition on Hungarian goulash soup, another temporary exhibition on Hungarian history will open at the Hungarian Trade and Hospitality Museum of the Hungarian National Museum Public Collection...

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SMEs’ optimism regarding public charges improved in the first quarter of the year

The proportion of business leaders who believe that public charges will increase in the SME sector over the next one-year period has decreased by six percentage points. Overall, the indicator...

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Transportation at the click of a button: is the era of trucking Uber approaching?

If someone has a bike or scooter, they can easily become a courier: they just need to register in an app and orders can start coming in. Foodora or Wolt...

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MNB Director: The central bank expects 4.7 percent annual inflation this year

Inflation is expected to exceed the central bank’s tolerance band for the remainder of 2025, with inflation forecast at 4.7 percent this year, and the rate of price increases could...

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The cultivation of hops and malting barley has a serious future in Hungary

The production of hops and malting barley in Hungary has a serious future, as breweries operating in the country are able to purchase much larger quantities of these than at...

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Experts: education is the most effective defense against cybercriminals

Education is the most effective defense against cybercriminals, because no matter how technology develops on the side of attackers and defense, the weakest link is still the human being, more...

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