News and articles
KSH: consumer prices exceeded the same month of the previous year by an average of 4.6 percent, and May prices by 0.1 percent
In June 2025, consumer prices were 4.6 percent higher on average than a year earlier. Compared to May, prices were 0.1 percent higher on average, the Central Statistical Office (KSH)...
Read more
Inflation has accelerated
Drugstore products saw a more moderate price decrease than expected in June, while food prices also rose and jewelry prices continued to rise. Inflation is expected to be around 4-4.5...
Read more
Record results and international growth at the Pek-Snack Group
The Hungarian-owned Pek-Snack Group closed last year with a record-breaking HUF 12.7 billion in sales and an EBITDA profit of HUF 2.5 billion. The bakery manufacturer, which is present in...
Read more
NAV’s inspection series at Lake Balaton and Lake Velence will start this week
The National Tax and Customs Administration (NAV) began its summer inspection series this week, during which the inspectors will inspect, among other things, popular tourist resorts, beaches and outdoor events....
Read more
Monthly affair, shared responsibility: 100 thousand products against menstrual poverty
Nearly 100,000 products, a total of 3,000,000 forints in support, are the results of the fundraising and awareness campaign announced by Tesco and its supplier partners at the beginning of...
Read more
MVI annual statistical status report on hospitality
The Hungarian Catering Industry Association (MVI) publishes its statistical status report on the hospitality industry annually, which, like in previous years, was prepared by Károly Zerényi, the MVI’s presidential advisor,...
Read more
NAV: Several tons of vegetables transported with insecticides have been withdrawn from circulation
Several tons of vegetables were withdrawn from circulation because insecticide was found in a truck along with the food – the National Tax and Customs Administration (NAV) told MTI on...
Read more
Mattel announces diabetic Barbie doll
This year, a special Barbie is expanding Mattel’s diversity-focused toy line: the world’s first Barbie doll with type 1 diabetes is being introduced in Hungary. The new doll serves two...
Read more
AI at the service of investments: new dimensions in asset management
K&H Asset Management, a member of the KBC Group, has been using artificial intelligence-based models (AI) to support its investment decisions for eight years, thus playing a pioneering role not...
Read more
How much coffee does Generation Z drink?
The German coffee market is undergoing major transformation, mainly due to changing consumption habits in the younger generations: a smaller proportion of potential customers are buying coffee. This article is...
Read more
New crypto player to replace Revolut in Hungary
Following the suspension of Revolut’s crypto services in Hungary – which was justified by a June law amendment that criminalized unauthorized crypto asset conversion – Bitget is offering a regulated,...
Read more
Large decline in foreign trade of live pigs
According to the Central Statistical Office (KSH), Hungary’s live pig exports decreased by 26.9 percent to 8,500 tons in January-April 2025 compared to the volume sold on the foreign market...
Read more
GKI economic sentiment index declines in May, inflation expectations improve
According to a survey conducted by GKI Economic Research Zrt. (with EU support), consumers and companies became a little more pessimistic in May compared to April. This article is available...
Read more
More than half of Hungarian companies pay their invoices late
53 percent of Hungarian companies do not receive their invoices on time, and this is caused by customers’ liquidity problems. This is stated, among other things, in the annual analysis...
Read more
Young people are now more conscious wine drinkers
A recent representative survey commissioned by the National Council of Wine Communities (HNT) showed a significant increase in occasional, experience-based wine consumption among 18-40 year olds. This article is available...
Read more
EU poultry meat imports rebound in Q1 2025
According to European Commission data, EU27 poultry meat exports rose by almost 1 percent to 520,000 tonnes between January and March 2025 compared to the same period last year. The...
Read more
Survey: Most shoppers spending more time reading food labels
A new consumer survey from global data standards organization GS1 US showed that more than three-quarters (76%) of consumers want more information about products due to higher food costs, with...
Read more
The government office will make a decision as soon as possible so that compensation can begin for passengers of the bankrupt travel agency.
The Budapest Metropolitan Municipality Government Office, as a commercial authority, has initiated proceedings in the case of the bankrupt Unitravel Kft. travel agency in order to help passengers in distress,...
Read more
Consum Opens 1,000th Store In Spain
Spanish grocery cooperative Consum has reached a milestone of 1,000 stores with the opening of two new supermarkets in Aldaia and Xàtiva. This achievement, which includes 506 Consum-owned stores and...
Read more
Nursery plants accounted for a significant part of ornamental plant production in 2024
Among the ornamental plant product groups, nursery plants occupied the largest area in 2024, totaling 1,355 hectares, which represented 93.1 percent of the total area used. Nursery plants were almost...
Read more
Stella Artois’ Iconic ‘David and Dave’ Duo Return for New ‘The Collection’ Ad
Fan-favorite fictional brothers David and Dave Beckham, played by David Beckham and Matt Damon, are back and launching “Fifty States of Stella” to invite beer lovers across the country to...
Read more
Surplus water reaching the annual irrigation demand is stored in the landscape
Through the Water into the Landscape program, 178 million cubic meters of surplus water is currently available for irrigation, which roughly corresponds to Hungary’s annual irrigation water demand, said the...
Read more
Body art hamburger – Video of the day
Does the hamburger have a gender? According to body painter and performance artist Jörg Düsterwald, it is female!...
Read more
The joy of Sercl – Picture of the day
It’s like the crust of bread: more people like the crispy edges of cakes and pastries than those who get their food from a traditional baking sheet. Moreover, with a...
Read more
OKSZ commentary on May retail sales data has arrived
According to the latest retail data for May, the temporary demand-boosting effect of the government-imposed margin cap has come to an end, while its negative consequences are beginning to surface...
Read more
MBH quick analysis: Retail trade momentum decreased in May
After Easter spending, retail sales growth slowed in May: total sales grew by 2.1% year-on-year, but fell by 1.3% month-on-month. Retail sales are 1.7% above the 2021 base. Although the...
Read more
K&H Analyst Commentary: Retail awaits greater momentum
May was quite bad in stores, especially in food stores, but retail sales are still growing. In May this year, the volume of retail sales, i.e. quantitative sales, increased by...
Read more
These factors influenced prices in the milk and egg markets
The Hungarian Competition Authority (GVH) has also concluded two accelerated sector investigations. One in the domestic market of dairy products and one in the domestic market of table eggs. The...
Read more