Market News
Paypal launches smartphone payment at German checkouts
Paypal is introducing smartphone payment at shop checkouts in Germany for the first time. In the future, customers will be able to pay for their purchases in instalments. The company...
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K&H makes a voluntary commitment to limit premiums for home insurance
In accordance with the request of the Ministry of National Economy, K&H Insurance joins the voluntary commitment of home insurers, the aim of which is to exempt customers with home...
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Innovation is also key in agricultural vocational training
Agriculture and the food industry are now unthinkable without innovation, developments, digitalization and the achievements of modern science. The government is supporting the transfer of professional knowledge with significant resources...
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The sense of job stability has decreased among young people
A decline is visible among working young people: only 51 percent considered their jobs to be sufficiently stable in the first quarter of 2025, which is a decrease compared to...
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Hungarian livestock keepers must also pay attention to the protection against African swine fever (ASF) that has appeared in Slovakia
In connection with the African swine fever (ASF) that has appeared in Slovakia, it is of utmost importance that Hungarian livestock keepers strictly comply with Hungarian preventive measures and disease...
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Hungarian shoppers love prize games, according to a recent survey
Almost all Hungarian shoppers are willing to spend more if they have the chance to win, according to a recent study by Etele Plaza. More than half of consumers participate...
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The “What a pig we have!” pork promotion campaign is launched
Buying Hungarian products supports the national economy and helps to maintain jobs, so solidarity with domestic farmers is a common interest, said the State Secretary for Agriculture of the Ministry...
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KPMG: Hungarians are optimistic, worried and excited at the same time when it comes to AI
According to a joint international study by KPMG and the University of Melbourne, although people are increasingly using artificial intelligence, many are uncertain about the AI phenomenon. According to the...
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I love trade marketing – this year too
Trade Marketing Club’s (TMK) traditional online conference, I Love Trade Marketing 2025, was organised on 13 February with nearly 220 participants. A cikk a Trade magazin 2025/4. lapszámában olvasható. TMK...
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Six out of ten Hungarians working abroad say integration was easy
Every tenth Hungarian employee has experience working abroad, most of them in Germany, the United Kingdom, Austria or France. The opportunity to earn money is the most common reason for...
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Generational change does not mean the elimination of old values
There comes a point in every business leader’s life when they have to pass the baton to the next generation. But rejuvenation does not necessarily mean that the best practices,...
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KSH: industrial production stagnated in March
In March 2025, the volume of industrial production remained at the same level as the same month of the previous year, while adjusted for working day effects, it fell by...
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NGM: the “150 new factories” program helps restore industrial production
According to data from the Central Statistical Office, the volume of industrial production in March 2025 remained at the level of the same month of the previous year, while adjusted...
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Márton Nagy: the most important task is to boost economic growth
Minister of National Economy Márton Nagy called the most important task to boost economic growth, raising it above 3 percent, at the 4th Oradea Economic Conference on Thursday. At the...
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Authorities seize 3.4 tons of food from a hairdressing factory in Hajmászér
The National Food Chain Safety Office (Nébih) has uncovered serious irregularities in a food production plant in Hajmáskéri: experts have withdrawn 3.4 tons of illegal, partly untraceable and partly expired...
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Make quality visible! Choose the Excellent Product trademark!
For nearly 20 years Hungarian Product Nonprofit Kft. has been using its trademarks to help consumers easily identify domestic products and services. At the same time, the company also helps...
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Drought situation receives special attention
The government is preparing a coordinated action plan to prevent drought damage. Thanks to this, actors in the water sector will receive special attention and funding to manage the drought...
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Woolworth Expands with a Department Store Discount Formula
Woolworth in Germany is expanding fast with a discount concept inspired by department store traditions. Fashion and home categories anchor its broad assortment strategy. Despite inflation, the retailer maintains its...
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German trade associations call for more flexible opening hours
The chambers of industry and commerce and local governments in Rhineland-Palatinate, Germany are calling for more flexible rules on opening hours of shops. In a joint position paper, initiators propose...
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Coca-Cola To Invest €1bn In Brazil In 2025
Coca-Cola is stepping up investment in Brazil by 75% year on year as it plans to invest R$7 billion (€1 billion) in 2025 due to strong demand for its products....
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Fertilizer turnover decreased by 27 percent
In March 2025, farmers received 27 percent less fertilizer from the monitored products compared to the previous month, and the turnover of the monitored fertilizers was also slightly more than...
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Sainsbury’s tea returns to Fairtrade label
The move is expected to generate over £1m ($1.34m) a year in Fairtrade Premium payments for farmers and workers. Sainsbury’s is switching back to Fairtrade certification for black tea in...
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Croatia lifts some measures imposed due to foot-and-mouth disease
Croatia is lifting some measures imposed due to foot-and-mouth disease, but is introducing additional provisions to prevent risks, the Croatian Ministry of Agriculture, Forestry and Fisheries announced on Thursday. The...
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Drugstore price cuts could come from mid-May: prices may be reduced in 30 product categories
The Hungarian government is planning to introduce a new markup reduction affecting 30 categories of household goods, which could lead to price drops of 16–18% from mid-May, according to a...
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KSH: retail turnover exceeded the same period of the previous year by 0.4 percent, decreased by 0.5 percent compared to the previous month
In March, the volume of retail sales in Hungary decreased by 0.4 percent based on raw data, while calendar-adjusted (and Easter-adjusted) data show a 0.4 percent increase compared to the...
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NGM is satisfied with the increase in retail turnover Visszajelzés küldése Oldalsó panelek Előzmények Mentve Fordítási találatok állnak rendelkezésre
The March slowdown in retail sales is merely a temporary, technical phenomenon, the background of which is the Easter effect, meaning that in 2024 Easter fell at the end of...
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Eurozone retail sales growth slows in March
Retail sales growth slowed in March in both the eurozone and the European Union on an annual basis and fell compared to February. The European Union’s statistical office, Eurostat, said...
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Is life cheaper beyond Komárom? – Hungarian shoppers flock to Slovakia to save money
According to a recent investigation by Mfor.hu, shoppers from Hungary are increasingly traveling to Komárno, Slovakia, to purchase household goods and groceries at lower prices. Even during the pre-Easter shopping...
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NGM vs. OKSZ: consumption is increasing due to margin reduction – claims the government
According to the Ministry of National Economy (NGM), the government’s margin cut did not reduce, but rather substantially increased retail turnover – the claims of the National Trade Federation (OKSZ)...
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A colorful season: changing trends in the European asparagus market
The 2024 asparagus season also confirmed that one of Europe’s most popular spring vegetables is shaped by numerous challenges and opportunities that vary from country to country. Although Germany still...
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