News and articles
British inflation is at a two-and-a-half-year low
The pace of annual British inflation slowed to a two-and-a-half-year low in March. According to data presented by the British Statistics Office (ONS) on Wednesday, consumer prices were on average...
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Sándor Czomba: the proportion of guest workers is low, jobs cannot be taken away from Hungarians
Hungary belongs to the Hungarians, it is only possible to temporarily stay and work in our country for the purpose and legal title determined by the Hungarian state, and if...
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Consumers continue to blend in-store, online shopping methods
Nearly three-quarters of U.S. consumers are embracing the omnichannel shopping journey. Seventy-three percent of consumers blend online research, physical store visits and options such as buy-online-pickup-in-store or in-store returns before...
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REWE Opens Its First 100% Plant-Based Supermarket In Berlin
German retailer REWE has opened its first purely plant-based supermarket in Berlin, offering more than 2,700 vegan products. The store is the first vegan outlet for REWE Group, which operates...
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A new chapter in the development of Hungarian agriculture: HUF 475 billion in the name of sustainability and innovation
In accordance with the strategic plan of Hungary’s KAP (Common Agricultural Policy), new calls for tenders have appeared, which are intended to promote the modernization and sustainable development of the...
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Vegan Food Group acquires Germany’s TofuTown
In its largest acquisition to date, Vegan Food Group has bought German organic meat producer TofuTown, making it a key player in the European plant-based market. This article is available...
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Baileys Tiramisu Irish Cream Liqueur
Baileys Tiramisu, dessert in a glass. A combination of the delicious Baileys Irish cream liqueur and the distinctive flavours (mascarpone, espresso) of the authentic Italian dessert, tiramisu. This cocktail-inspired limited...
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Hungary has been in the EU for 20 years: how has foreign trade changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
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2024 could already be the year of growth in retail
This year could be the year of growth in Hungary after the previous year’s recession, to which we expect the expansion of consumption to make a substantial contribution. However, retail’s...
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Climate change will further increase food inflation
Rising temperatures and extreme weather events can have a serious impact on agriculture and food inflation, according to a recent study by the Potsdam Climate Change Research Institute (PIK). According...
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K&H: three thousand forints is not enough for two hamburgers today, two years ago it was three
“Child inflation” slowed further, but it is still 8 percent on an annual basis. The price of the product basket, compiled based on children’s consumption habits, increased by that much....
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IMF: this year’s outlook for the world economy has improved minimally
According to the International Monetary Fund (IMF), overall, this year’s outlook for the world economy has improved minimally since the organization’s previous forecast in January. According to the revised World...
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Tesco will remain, even though its profits have decreased
Ken Murphy, CEO of Tesco, stated in a statement that the company remains committed to Hungary and other Central European markets where it is present. Despite the fact that their...
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The Szentkirályi Talent Program is starting for the fifth time
The Szentkirályi Talent Program is starting for the fifth time, which, with the professional support of the Hungarian Olympic Committee and the ambassador of the program, the Olympic champion gymnast...
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According to the managing director of MediaMark Hungary, the Temu webshop is tempting with a price advantage, but it cannot build stable customer loyalty in the long term
Gábor Szilágyi, the managing director of MediaMarkt Hungary, warned about the deceptiveness and long-term unsustainability of the price advantage of webshops like Temu, according to a Forbes report. Szilágyi pointed...
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This year, the Maltesers brand renews its commitment to supporting women
The Maltesers brand, famous for its delicious chocolate balls, renews its commitment to support women this year. It is proud to be at the forefront of efforts aimed at improving...
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This year, the McDonald’s and Erős Pista collab is even hotter
After last year’s great success, the Hungarian McDonald’s welcomes its guests with new Erős Pistás sandwiches. However, after listening to the feedback from consumers, this year the burgers are coming...
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FAO’s guide to International Potato Day helps you prepare for the first World Potato Day on May 30
While preparations are already underway for the first celebration of International Potato Day, the Food and Agriculture Organization of the United Nations (FAO) is already trying to draw attention to...
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Employee turnover has moderated, but it does not bring relief
At the national level, employee turnover decreased significantly, decreasing to 28 percent last year, from 33 percent a year earlier. However, companies can’t breathe a sigh of relief, because this...
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Inflation accelerated in Italy in March
In Italy, instead of the 1.3 percent reported on the basis of the preliminary estimate, consumer prices rose by 1.2 percent year-on-year in March, following the 0.8 percent increase in...
Read moreWizz Air’s exchange rate fell by more than 10 percent
In recent days, the share price of Wizz Air has fallen to an alarming extent, the company’s shares have sunk to their lowest point at the end of January. There...
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Tesco’s Clubcard program is undergoing significant changes due to legal proceedings
Tesco has made major changes to its Clubcard loyalty program after being embroiled in a legal dispute with Lidl, The Sun reports. At the heart of the case was the...
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KSH: The number of foreign guest workers in Hungary has increased
According to the latest data from the Central Statistical Office (KSH), the number of foreign guest workers in Hungary increased significantly in 2023. In the publication Helyzetkép, 2023 – Labor...
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Fun restaurant campaign: anyone who hands in their phone gets free wine
The Al Condominio restaurant in the northern Italian city of Verona has a special offer for its guests: a bottle of wine is offered to those who are willing to...
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Trans-Sped closed with a loss last year
In addition to a slightly decreasing income, the Trans-Sped Logistics Service Center closed with a loss of about HUF 916 million in 2023 – read the annual report published on...
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The Balaton Ice Cream Competition welcomes applicants for the 11th time
Lake Balaton is not only a tourist destination, but also an ice cream superpower, and this year the Balaton Ice Cream Competition is being held for the 11th time. You...
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The rules of tourism in one of the Hungarians’ favorite vacation spots are strict
Police in the Canary Islands have raided an illegal campsite advertised on Airbnb as part of a crackdown on short-term rentals. The crackdown on short-term rentals offered on Airbnb and...
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The processing selling price of wines has increased
According to AKI PÁIR data, the sales price of domestically produced and domestically sold wines without a geographical indication, as well as wines with a protected geographical indication, rose by...
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Bigger private label product selection in Spanish Makro stores
More than 400 private label items have been introduced by Makro Spain in the 2022-2023 fiscal year. The company already offers over 6,000 SKUs under its Makro Chef/Metro Chef, Professional,...
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Cheaper eggs at Easter than last year
According to data by the Central Statistical Office (KSH), Hungary bought 1% more shell eggs (32.7 thousand tonnes), including nearly 17% more fresh eggs (17.8 thousand tonnes) from the international...
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