News and articles
Hungarian-owned retail chains: adjustment period after the 54% inflation
Many of us thought that we would be able to take a breather post pandemic, however, the 54% retail inflation in Hungary has proved us wrong. So, what is fuelling...
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Retailers in the metaverse
Deloitte’s experts have studied what can influence the expansion of retail trade in the metaverse. At the moment there are several factors that hinder the large-scale use of the metaverse,...
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Cleanness in large portions
Sales grew in the cleaning product category in 2022, but this growth was driven by the higher product prices. Also because of the price increase, there has been a small...
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Visa: five payment trends to look out for in 2023
1. We will spend more on travelling: passenger turnover strengthened in 2022, and this trend is expected to continue in 2023. 2. More conscious consumers, more sustainable shopping: in another...
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There will always be buyers for quality pálinka
Károly Gerendai, METRO’s wine expert: “Pálinka is a cult spirit and it isn’t simply a drink that is made in Hungary, but a Hungaricum product. This also means that there...
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They make the world of flavours complete
Dressings are a must on the Easter dinner table, but after the successful 2022 season – when volume sales increased – this year the two biggest market players expect to...
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What has happened to last year’s chocolate rabbit?
Usually seasonal confectionery manufacturers make plans based on what happened “in the same period last year”. This year this strategy won’t work, as back at Easter 2022 the inflation hardly...
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EY: the tax office is capable of more and more targeted tax audits
The National Tax and Customs Administration (NAV) is capable of more and more targeted inspections with its automated processes that utilize artificial intelligence and its database supplemented with international sources...
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Big change comes at Tesco
Tesco eliminates the use of disposable plastic bags available so far in the vegetable and vegetable class. The shops can now be used several times in the shops, a biologically...
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KSH: The volume of food exports decreased by 7.9 percent, while the volume of imports increased by 5.5 percent
In December, the product foreign trade deficit was 168 million euros, compared to November, the adjusted volume of exports increased by 0.6 percent, while that of imports decreased by 5.0...
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Gergely Gulyás: the international recognition of Hungarian wine must be increased
The international recognition of Hungarian wine needs to be increased, and this will be helped by the upcoming Hungarian Wine Marketing Strategy – explained the minister in charge of the...
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The brandy tasting campaign launched at the airport is the agricultural marketing center
The Agricultural Marketing Center has launched a one -month brandy campaign for foreigners in Hungary. Not only can he taste the Hungaricum at the Heinemann Duty Free Skycourt shop at...
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Viwa Vitamintea with organic tea
Being one of Europe’s leading vitamin water brands, we set a new goal for 2023: taking the popular ICE TEA product category to new heights, giving consumers more than the...
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NAV checks: they will have to watch if they are in the crosshairs
The National Tax and Customs Administration (NAV) has published its audit plan for 2023. This year, the tax authority is paying special attention to electronic commerce, businesses dealing with dietary...
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Food prices rose at an accelerating rate in February in Italy
In Italy, consumer prices rose by 9.2 percent year-on-year in February, after a 10 percent rise in January, the Italian statistics office, Istat, announced on Thursday based on preliminary data....
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Prices don’t hurt Túró Rudi brands
Chilled dairy snack makers were forced to increase prices, owing to the drastic growth in the price of milk. In the light of this, it isn’t surprising that Túró Rudi...
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Affordability, health, sustainability and comfort influence shopper decisions
Everyday life during the cost of living crisis In the middle of the cost of living crisis, the biggest fears of consumers are rising food prices and energy bills. According...
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Gloomy outlook for the maritime transport market
Spot rate indexes vary, but overall indicate that the US container shipping market is trending down again. Developed countries continue to struggle with the effects of galloping inflation and recession,...
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MTÜ CEO: this year could be another record year in tourism
This year could be another record year in tourism after 2019, according to the CEO of the Hungarian Tourism Agency (MTÜ). On Thursday, Péter Horváth emphasized in Trend Fm’s A...
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International food prices have been decreasing for almost a year
The 11th month of global food prices has been on the ground after the decline in February – marginal – experts from the UN Food and Agricultural Organization (FAO). The...
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How do gastro-influencers think?
Dr. Mária Törőcsik, a professor at the University of Pécs, and Míra Mohr, an economist who runs the Süti MáMohr blog and calls herself a gastrorock star, conducted qualitative research...
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The Hungarian Food Bank Association helped the needy with HUF 10 billion worth of food in 2022
In 2022, a total of 239,000 needy people benefited from the near-expiry or defective products that the Hungarian Food Bank Association collected from stores and manufacturers. In 2022, we increased...
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Where is the line drawn: when do we talk about excessive shopping?
For many of us, the beginning of the year is about renewal, starting over, and getting rid of our bad habits. Yet this is in interesting contrast to the end...
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The new EU proposal would be impossible for chicken and egg production
It would cause serious damage to the European Union, such as the Hungarian, chicken and eating egg producers, if the European Food Safety Authority (EFSA) had been implemented in the...
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PepsiCo aims to capture new consumption occasions
Executives at PepsiCo, Inc. are eyeing opportunities to add the company’s snack brands to more meal occasions. “More and more we’re experimenting with how Lay’s can substitute potatoes in many...
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The social significance of Hungarian wine is still overwhelming in the vineyard and wine sector
Last year, better quality wines were added to the Hungarian cellars, said dr. Márton Nobilis, State Secretary for Food and Commerce Policy, the Ministry of Agriculture, at the 11th Wine...
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Revolut Launches 3% Cashback Service For Customers
Revolut, the global financial app, has launched a new way to shop, whereby customers earn cashback from their favourite retailers. The new service – Shops – lets users search and...
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Waitrose ends partnership with Heston Blumenthal after 12 years
Waitrose is set to end its long-standing partnership with chef, Heston Blumenthal as it takes a ‘new direction’. The Heston from Waitrose range, which has been ongoing for the last...
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Start the new agricultural support website of the Ministry of Agriculture
Within the framework of the Common Agricultural Policy Strategy Plan, the Ministry of Agriculture launches a new website for the widespread information of farmers as possible to present the rules...
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A leading household appliance brand is heading to the Hungarian market
The world’s leading large household appliance brand, Haier, is also appearing on the Hungarian market. The products of the Chinese parent company are already distributed in 21 European countries, and...
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