Market News
Valeo Foods Completes Acquisition Of Appalaches Nature
Valeo Foods Group has completed the acquisition of Appalaches Nature, a Canadian maple syrup business. Valeo Foods, which owns brands such as Kettle Chips and Balconi biscuits, said that the...
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Carrefour grows in France and Brazil, lags behind in rest of Europe
Carrefour says it is rather pleased with its financial results in the second quarter and first half of the year, despite challenging conditions in Europe. Growth was driven by its...
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Food and beverage innovation plunges nearly 50% since 2007: Mintel
The market research firm said about a quarter of items introduced between January and May of 2024 were genuinely new products. Innovation has declined the most in food and drink...
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The increase in real wages affects consumption, which is important for stimulating the economy
The increase in real wages means that more money remains in people’s pockets, more money is left for consumption, which is very important for stimulating the economy – the state...
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Mandatory deposit return: the experience of the store chains in the DRS case is mixed
PET bottles cause the greatest environmental burden, therefore their proper collection and recycling is crucial from the point of view of the circular economy, emphasized Mohu in response to Index’s...
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Sustainability in consumer behaviour: Mintel’s global report 2024-25
Despite global economic challenges and fluctuating exchange rates, commitment to sustainability continues to grow among consumers. Mintel’s latest Sustainability Report 2024-25 shows how consumer behaviors are changing around the world...
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The Food Bank collected almost five million kilograms of donations in the first half of the year
The Hungarian Food Bank Association saved and distributed almost five million kilograms of food to the needy in the first half of 2024, the organization told MTI on Thursday. Five...
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GVH president: “Bureaucracy and overregulation are killing European competitiveness”
“Minimizing administrative barriers and creating a level playing field is a key condition for the spread of new technologies and the creation of competitive businesses and sectors.” – stressed Balázs...
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Are synthetic meat and artificial eggs coming?
On Wednesday, the European Commission announced the registration of two new European citizens’ initiatives. One initiative calls for the closure of animal farms and the production of synthetic meat, while...
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Is it worth paying in euros when shopping? The exchange rate is higher, beware!
Every summer, the question arises as to how much it is worth paying in euros in Hungarian shops, especially in places popular with tourists. The euro payment option often offers...
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American growth in the second quarter turned out to be better than expected
In the second quarter, the gross domestic product (GDP) of the United States grew more than the first quarter and exceeded analysts’ expectations, according to the Thursday report of the...
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The summer harvest is over
With the exception of a few small areas, the summer harvest ended by July 24, which was not significantly affected by the unfavorable circumstances this year. The warehouse capacity is...
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The net sales revenue of all groups of ornamental plants increased in 2023
In 2023, according to data received as part of the data collection, the net sales revenue of ornamental plant production amounted to HUF 17.3 billion, of which the sales revenue...
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Danone prepares for AI-driven economy
Danone SA is exploring a multi-year collaboration with Microsoft to integrate artificial intelligence (AI) throughout its operations. A Danone Microsoft AI Academy will launch to ensure all Danone employees have...
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Agrometeorology: summer crops would need a lot of rainfall
The summer harvest crops would need the most precipitation during this period, but the rains of the past few days alleviated the increasing lack of precipitation in only a few...
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Market share of Chinese platforms in Spain reaches 34%
One in three (34 percent) of online purchases in the first half of this year in Spain were placed on Chinese platforms, such as Alibaba, Temu or Shein. The market...
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Kaufland To Join Buying Alliance AgeCore In 2025
German retail chain Kaufland is set to join the AgeCore international buying alliance, effective from 1 January 2025. AgeCore’s existing members include Belgium’s Colruyt Group, Coop Switzerland, Italy’s Conad, and Spain’s...
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Russian retail looks for growth options
Russian retailers are looking for new ways to increase their market share. Top retailers in the east of Europe are struggling with the same issues as their Western European counterparts:...
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Hungarian researchers found out what happens in the soil when a forest is planted instead of an arable field
Hungarian researchers found out what happens in the soil when a forest is planted instead of an arable field. The top layer of the soil of three different forest types...
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Worsening crises have kept the number of hungry people high for three years, warns the UN
Nearly 733 million people were hungry in 2023: one in eleven globally, and one in five in Africa, according to the global report entitled “The State of Food Security and...
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GKI: Do Hungarians really pay a lot of taxes?
In public discourse, we often encounter criticism of high domestic tax rates. If we are not entitled to discounts, we pay 18.5% of our gross salary as a social security...
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Soon there will be no need for salespeople in stores either
Self-service cash registers are becoming more and more popular in Hungary, which are currently operating in 5,000 to 6,000 locations. They are proliferating due to technological advances and labor shortages,...
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The growth of economic activity in the euro area slowed down in July
Instead of the expected moderate acceleration, the growth of economic activity in the euro zone slowed down in July, according to the preliminary values of the joint survey of the...
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6 out of 10 companies are planning a price increase
According to the results of the April half-year business cycle survey of the MKIK Economic and Entrepreneurship Research Institute, 61 percent of domestic businesses expect their domestic sales prices to...
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What can companies do for workplace well-being?
Is workplace well-being just a good-sounding concept, or is it actually a means of retaining the workforce? The latest research by No Fluff Jobs looked for the answer to what...
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Több mint félszáz fürdőben lesz Strandok éjszakája szombaton
On the initiative of the Hungarian Bath Association, the Night of the Beaches will be held again this year on July 27. 60 spas from all over the country have...
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Grill practices for a cozy summer meal
The central element of cozy summer evening meals is grilling, which simultaneously adds a special flavor to prepared meals and to social or family life. However, it is not enough...
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The performance of the American economy improved in July
The BMI performance indicator of the US economy improved to a more than two-year high in July, based on preliminary data from the S&P Global Market Intelligence survey. However, the...
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GfK’s German consumer sentiment index for August improved
The German consumer sentiment index of the Nuremberg economic research institute GfK improved more strongly than analysts had expected. The indicator in August strengthened to minus 18.4 points from minus...
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Sándor Czomba: real wages increased by more than 10 percent in May
As a result of targeted and effective government measures, inflation has remained unabated, as a result of which real wages have been rising continuously since September 2023, i.e. for 9...
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