Market News
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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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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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...
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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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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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Rossmann takes another step towards a more sustainable future
In order to reduce its environmental footprint, Rossmann Magyarország will no longer issue Rossmann+ plastic cards. This article is available for reading in Trade magazin 2024/4 Registered customers can continue...
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Bird flu has reached the counties of Békés and Jász-Nagykun-Szolnok again
The laboratory of the National Food Chain Safety Office (Nébih) has detected the presence of avian influenza virus in several livestock farms in the counties of Békés and Jász-Nagykun-Szolnok. The...
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Smart solutions that can save hundreds of bathtubs worth of water
The Earth’s water supply is permanent, but only 1 percent is suitable for human consumption. As the population increases, humanity’s demand for water increases dynamically, while excessive consumption, climate change...
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When buying seed potatoes, it is worth choosing only metal-sealed seed tubers
For planting good-quality, reliable and healthy seed tubers, it is worth buying only metal-sealed ones, which are mainly available in farm shops, larger supermarkets, and specialty stores. Nébih has summarized...
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Carrefour Returns To Bulgaria After A Decade
French supermarket chain Carrefour is back in Bulgaria after a nearly ten-year hiatus, according to local media reports. News portal Capital reported that last month, the retailer opened two stores in...
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European fruit and vegetable growers joined together for European products
European fruit and vegetable growers joined together and launched a campaign to protect the internal markets of the European Union. The main goal of the initiative is to encourage customers...
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10 percent more sunflower crops are expected in the EU this year
Oil World expects a worldwide sunflower seed harvest of 57.9 million tons in 2023/2024. economic year, this may exceed the previous year’s volume by 4 percent. The global output may...
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Coca-Cola Launches Limited-Edition Packaging Featuring Marvel Universe Characters
Coca-Cola has launched limited-edition packaging for beverage cans and a new commercial featuring characters from the Marvel Universe. The beverage giant commenced the rollout of Coca-Cola cans featuring Marvel Universe...
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Dairy consumption falls again in Germany
Consumption fell to a new low in 2023, the data showed. The consumption of milk in Germany declined again in 2023, government data shows. According to preliminary figures published by...
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The government also protects agriculture by requiring import notification
Agriculture is affected both by the war and Brussels’ pro-war policy. For this very reason, in addition to the ban on the import of Ukrainian agricultural products, the government is...
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Oatly allowed use of the word “milk” on plant-based drinks packaging
Plant-based brand Oatly has won a High Court case against the UK dairy industry, and can continue to use the word “milk” on the packaging of its products. This article...
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