Market News
FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month in a row in a monthly comparison, this time mainly due to the increase in the price of meat, vegetable...
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Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in the FMCG sector. Within beauty care, there are many rapidly evolving segments such as face and body care, make-up, hair...
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The solvency of Hungarians has improved again, but it may be too early to rejoice
At the beginning of this year, the solvency of Hungarians continued to improve, the Intrum Solvency Index exceeded 10 points in the first quarter, according to the new report of...
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High – but not on sugar
The category of sugar-free soft drinks has been growing steadily for years, driven by the health consciousness trend. This article is available for reading in Trade magazin 2024/5 Demand for...
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In alliance with agriculture: MBH Bank responds to the challenges of the market together with professional organizations
MBH Bank has signed a cooperation agreement with the Association of Hungarian Livestock Breeders, the National Association of Grain Growers, the Milk Trade Organization and Product Council, and the FruitVeb...
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The talking digital financial assistant is already available for SMEs
Kate, K&H’s digital financial assistant, has been helping small and medium-sized businesses since spring. The artificial intelligence-based solution is the only one in the country that understands and executes voice-based...
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If you need a little… energy
In 2023 the energy drink category showed a small decline in terms of units sold, but an increase in value. This article is available for reading in Trade magazin 2024/5...
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The spring campaign of Számlázz.hu is here
The latest campaign of the dominant fintech company was coordinated from concept to production by the Republic Group team. The creatives will also appear on outdoor and digital surfaces, i.e....
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Coop Sweden to offer more locally grown tomatoes
Coop Sweden plans to increase the proportion of Swedish-grown tomatoes in its store offerings from this summer, so it will source its produce from a new greenhouse in Frövi, developed...
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Mother’s Day: expert tips for mother-entrepreneurs
Women still have to meet conflicting expectations regarding starting a family and getting a job, which not only complicates their situation, but also takes away significant resources in terms of...
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OECD: Food price inflation fell sharply in most countries
The Paris-based Organization for Economic Cooperation and Development, the OECD, slightly improved its global growth forecast for this year and next year compared to its previous estimate from February. According...
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MBH Bank: Growth may accelerate in the second half of the year, next year GDP may increase by 3.7 percent
The outlook for the Hungarian economy is stable, so thanks to the expected upswing in consumption, industrial production, trade and hospitality from the second half of the year, GDP growth...
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Competing kitchen rolls
Last year was a difficult one for the paper towel category too. NIQ data shows that although the market expanded by 16.2% in value, it contracted by 11.7% in volume....
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eMAG and Alza received a serious challenger in the field of e-commerce
Pepita Group Zrt., the owner of the online store Pepita.hu, achieved significant growth in the first quarter of 2023, both domestically and internationally. The company’s gross turnover increased by 30%...
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Ice cream brands are waiting for the end of the ice age
Ice cream’s “troubles” started with the energy crisis of 2022, with many stores reacting by cutting their refrigeration capacity. At the same time ice-creams have benefited from the sharp rise...
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BMI: Slower expansion in April
The seasonally adjusted April value of the Purchasing Manager Index (BMI): 51.8. Compared with the previous April values, this year’s value is lower than the long-term average for this month...
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X5 Group introduces robotic automation solutions in distribution centres
Russia’s X5 Group has launched a series of robotics projects in its distribution centres, as it seeks to optimise its logistics processes, increase workforce productivity, cut infrastructure costs, and improve...
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The foreign trade balance of fresh spinach was negative in 2023
In Hungary, spinach is one of the earliest outdoor vegetables. According to KSH data, the spinach harvest was 12.1 thousand tons in 2022, which was 32 percent higher than the average...
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Milk and dairy product alternatives optimised for healthy nutrition
This article is available for reading in Trade magazin 2024/5 “The number of people living with food intolerances is increasing year by year, strengthening the need for sugar-, lactose- and...
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MATE further strengthened its position in the QS agricultural science ranking
The Hungarian University of Agricultural and Life Sciences is 151-200 this year as well ranked in one of the world’s most respected higher education rankings, the Quacquarelli Symonds (QS) 2024...
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Agrometeorology: more precipitation may fall in Transdanubia, but it will hardly rain in many places in Tiszántúl
Showers will irrigate first the southwestern and then the northeastern half of the country, but a larger amount of precipitation is expected only in Transdanubia, while in many places in...
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In alliance with agriculture: MBH Bank responds to the challenges of the market together with professional organizations
MBH Bank has signed a cooperation agreement with the Association of Hungarian Livestock Breeders, the National Association of Grain Growers, the Milk Trade Organization and Product Council, and the FruitVeb...
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7-Eleven teams up with Meituan to trial drone delivery
Global convenience store chain 7-Eleven announced that it has partnered with Chinese food delivery platform Meituan to trial drone delivery in Shenzhen, Guangdong. This is the first time the Japanese-owned...
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PepsiCo sells interest in Serbian soft-drinks group Knjaz Miloš
Czech soft-drinks supplier Mattoni 1873 has acquired full control of Knjaz Miloš. Mattoni 1873, the Czech soft-drinks business, has bought sole control of Serbian peer Knjaz Miloš after acquiring PepsiCo’s...
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Animal husbandry has and will continue to play a decisive role in agriculture
The Ministry of Agriculture is committed to helping the sector in the future as well, Hungarian livestock breeders and livestock keepers have the largest number of support titles available in...
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Nébih revealed serious food safety and hygiene deficiencies in a restaurant in the capital
The inspectors of the National Food Chain Safety Office (Nébih) in Budapest experienced hygiene problems posing a serious food safety risk, a II. during an inspection of a restaurant in...
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Euro zone inflation was 2.4 percent in April as well after March
In line with analysts’ expectations, annual inflation in the euro area was 2.4 percent in April after March, according to preliminary data published on Tuesday by Eurostat, the statistical office...
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Gergely Suppan: the recession is clearly over in Hungary
The recession is clearly over in Hungary, from now on the only question is the rate of growth – said the leading economist of the Ministry of National Economy (NGM)...
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K&H: the inflation anomaly is clearly visible, but customers perceive it differently
Although inflation has slowed down a lot, according to the recent results of K&H’s secure future survey, middle-aged people do not really perceive this, as they felt the annual rate...
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The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of the economy increased by 0.8% compared to the previous quarter, according to adjusted data, which is more favorable than our...
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