News and articles
More consumers are shopping multiple grocers to find the lowest prices, report finds
Dunnhumby’s new findings show 18- to 44-year-olds are at the epicenter of a food and financial insecurity crisis that is impacting grocery shopping behaviors. Forty percent of consumers surveyed in April...
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Whether carbonated or still, Hungarian mineral waters are guaranteed to be of high quality
Hungarian consumers are in a lucky position, because our country is considered a mineral water superpower, so customers can choose from the products of countless smaller bottlers in addition to...
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Wizz Air is temporarily canceling some of its flights in the fall
Due to a mandatory engine check Wizz Air will temporarily cancel some of its flights in the fall – the company told MTI on Tuesday, noting that negotiations are ongoing,...
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Tasty, high-quality melons are offered on the Hungarian melon market
In the second half of July – with the start of the melon season – the watermelons and the compliance with the conditions for their distribution were examined by Nébih...
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KIM: Vocational training is also waiting for further students
The Ministry of Culture and Innovation (KIM) told MTI that those who were not admitted to university can also continue their education in vocational training. According to the announcement, after...
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Viktor Orbán can relax as early as Tuesday due to the development of food inflation
In July of this year, the inflation indicator is expected to decrease significantly in Hungary, and this does not come as a surprise to economic analysts. Hungarian inflation has been...
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Péter Szijjártó: companies can apply for investment subsidies more widely
From Monday, companies can apply for investment subsidies on a wider scale – the Minister of Foreign Affairs and Trade announced on Sunday on his social media page. Péter Szijjártó...
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János Fónagy: food prices continue to fall
Food prices are continuing to fall, and the single-digit inflation forecast by the government for the end of the year can be reached with great certainty – said the parliamentary...
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Fidelity: What emerging markets can bring
In periods characterized by market volatility, it is easy to forget about the attractiveness of emerging markets. However, now, when valuations are at a low point not seen for several...
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ALDI and TOLNATEJ are jointly investigating the consumer complaint received about ESL milk
On August 5, 2023, the ALDI store in Piliscsaba received a customer complaint regarding ESL milk with a 1.5% fat content. The company immediately began investigating the complaint and, as...
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World trade decreased in July
In July, world trade slowed significantly based on the monthly Kiel Trade Indicator calculated by the IfW economic research institute in Kiel. The July world trade index of the IfW...
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MNB: stable lending capacities, unchanged credit terms and low demand on the credit market
Stable lending capacities, unchanged credit terms and low demand characterized the credit market in the second quarter of this year based on the second quarter Lending Survey of the Magyar...
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They rang the bell at Tesco
The beginning of the school year shopping season is already in full swing at Tesco, where customers can choose from a total of more than 3.8 million school supplies. In...
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MTÜ: many more foreign tourists chose Balaton this year
Foreign guest traffic also performs well in the summer season at Lake Balaton, with most of the foreign guests choosing it for their vacation from German-speaking and Visegrád sending countries....
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Waberer’s net profit increased sixfold in the second quarter
Waberer’s International Nyrt. achieved sales revenue of 175.9 million euros in the second quarter, which is an increase of 1.5 percent compared to the same period of the previous year,...
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In Romania, the price of some staple foods fell due to the government decree limiting the margin
In Romania, the average consumer price of some staple foods has decreased since the emergency government decree limiting margins came into effect, the Competition Council announced on Monday. Compared to...
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LG has published its 2022-2023 sustainability report
LG Electronics (LG) published its 2022-2023 sustainability report, in which it officially reported on its achievements so far and its strategic plans for the six main areas of the company’s...
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Due to the bird flu epidemic, immediate EU measures are needed regarding Brazilian poultry meat imports
The bird flu epidemic is raging in Brazil, and the infection has already reached the country’s largest poultry-producing regions. Brazil is the world’s largest poultry exporter, from which hundreds of thousands...
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The authorities are cracking down hard on Elf Bar distributors
The Economic Competition Authority (GVH), the National Tax and Customs Administration (NAV) and the Supervisory Authority for Regulated Activities (SZTFH) cooperate closely in the action against Elf Bar. The GVH...
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A summary of the antibiotic treatment of food-producing animals was prepared
For more than a decade, Hungary has been voluntarily providing data on the wholesale trade of veterinary medicinal products containing antibiotics, but from 2024, in addition to sales, it will...
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Coca-Cola bottler CCEP intends to acquire Coke’s Philippines business for $1.8 billion
Coca-Cola Europacific Partners said last week it intends to jointly acquire Coca-Cola Beverages Philippines with Aboitiz Equity Ventures (AEV) for $1.8 billion, in an effort to become the world’s largest...
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Paper Receipts No Longer Issued Automatically In France
As of 1 August, paper receipts will no longer be issued automatically in France – a measure implemented with the aim of saving paper, trees and water, the government has...
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Supermarket plastic bag use falls 98% since introduction of 5p charge
The use of single-use supermarket plastic bags has plummeted 98% since retailers began charging for them in 2015. The Department for Environment, Food and Rural Affairs (Defra) said that the...
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Szallas.hu: Croatia is attracting more Hungarians this summer than last year
There are more Hungarian vacations in Croatia this year than last year: the number of Croatian vacations in July increased by 3 percent, and in August it was already 1...
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The autumn corn sowing season is about to begin
The fungal diseases that appeared after the cool, rainy spring caused significant problems for the fall corn seeds as well. According to the Interprofessional Organization and Product Council of the Seed...
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Tourism in Mátra may get better
Significant tourism developments will be completed in seven settlements in Mátra for a total of about HUF 600 million this fall – Graven Idol Kft., responsible for the communication of...
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The market difficulties of Ukrainian grain imports could be handled with transit support
With European Union transit support, Ukrainian grain could be delivered to its former traditional markets, said István Nagy, who held a meeting with Mykola Solský, Minister of Agriculture and Food...
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Retail turnover decreased by 8.3%
In June, according to raw data, the volume of retail trade decreased by 7.8%, close to expectations, and by 8.3% when adjusted for calendar effects, significantly easing compared to the...
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FAO Food Price Index rebounds in July
Global food commodity prices rose in July, influenced by the termination of the Black Sea Grain Initiative and new trade restrictions on rice, the Food and Agriculture Organization of the...
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K&H: “everyday” costs HUF 60,000 more per month
There is still hardly anyone who does not spend more on living than a year earlier, according to the second-quarter K&H secure future survey, which examined changes in the expenses...
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