Market News
Retail sales in the euro area decreased in June
In both monthly and annual comparisons, retail sales in the euro area decreased in June. According to data published on Tuesday by Eurostat, the statistical office of the European Union,...
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St. Stephen’s Day products are also available at affordable prices this year
The products of St. Stephen’s Day are also available at affordable prices in the SZIN Bistros range – the organizers informed MTI on Tuesday. In their announcement, they wrote that...
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K&H: why do you have to think in a sci-fi way?
Although the use of artificial intelligence (AI) is spreading faster and faster among companies, even experts cannot say when machine intelligence that functions similarly to human thinking will appear. AI...
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Every second Hungarian is lost in the grind of work without inspiration, according to Costa Coffee’s research
The Costa Art & Craft creative competition started more than a month ago, and so far the most diverse artistic creations have been received: among others, coffee has inspired a...
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The Hungarian sports drink received new packaging and more active ingredients
The Absolute Live product line has also changed its design with the introduction of the reversible system, which is more convenient to use during sports. The Magyar Brands prize-winning products,...
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MBH AgrárTrend Index: Hungarian agriculture is at a height not seen for a long time
A slightly slower than expected, but definite positive turn is visible in the Hungarian food industry The favorable assessment of the situation of the actors of the Hungarian food industry...
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The price of edible wheat rose in Hungary at the end of July
In the July forecast of the International Grains Council (IGC), the global wheat harvest in 2024/2025 is 1 percent higher than the previous season, at 801 million tons. for the...
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Non-alcoholic beer is increasingly popular in Germany
Non-alcoholic beer has been growing in popularity in Germany. In 2023, around 556 million litres worth around 548 million euros were produced in the country. According to the Federal Statistical...
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Jumbo Introduces Own-Brand Butter Featuring ‘1-Star Beter Leven’ Quality Mark
Dutch retailer Jumbo has introduced own-brand butter SKUs featuring the ‘1-star Beter Leven’ quality mark. The new products featuring the quality mark include the Jumbo salted and unsalted cream butter...
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McCain Foods to close UK factory, 115 jobs at risk
Canada’s McCain Foods has conducted a review of its UK business and is proposing the closure of a fries factory. The company revealed it is looking to cease production of...
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Drought damage in agriculture
By the beginning of August, it had reached 75,000 hectares, and the size of the areas declared for drought damage is growing by several tens of thousands of hectares every...
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The producer price of domestic raspberries is lower
According to Eurostat data, raspberries were grown on 180 hectares in Hungary in 2023, and the annual yield was between 460 and 540 tons in recent years. According to KSH...
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Asda co-owner injects £30m to ‘improve store experience’ to stop falling sales
Asda co-owner Mohsin Issa is to inject an emergency £30m to “improve the in-store experience” as sales fall at the supermarket giant. The package will be invested during the remainder...
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AKI: a significant part of meat products was also cheaper than last year’s level in July
In mid-July, producer and processor sales and retail purchase prices of a significant part of pork and poultry meat were lower than at this time last year – read the...
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Dairy products are becoming more expensive in Hungary: what is behind this?
Dairy products are still a favorite of Hungarian consumers, but recently there has been a significant price increase in stores. Some products, especially milk, rose in price by HUF 150-200...
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There are problems on the corn front
This year, the corn season started earlier, which raises the question of whether it could end sooner. Many people are worried whether the popular sweet corn will still be available...
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It is a serious competitive disadvantage if you cannot pay by card
The lack of electronic payment options can cause a serious competitive disadvantage for shops. According to research commissioned by OTP Bank, more and more customers in Hungary prefer bank cards...
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The tourism tender scheme worth a total of HUF 13 billion continues
Approximately 200 rural casual catering shops and another 100 rural music and dance clubs can call for a total of nearly HUF 300 million in support. The non-refundable subsidy of...
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K&H: the young people have finally crossed the HUF 200,000 mark
The personal income of young people rose to a record level in the second quarter: the monthly net amount exceeded HUF 200,000, according to the K&H youth index, which has...
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In June, the growth of retail trade in the Czech Republic accelerated
In June, the growth of retail sales in the Czech Republic rose to 4.4 percent on an annual basis after 3 percent in May, the Czech Statistical Office announced on...
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Profession.hu: The home office vision of companies and employees began to diverge
The attitude of Hungarian employees and employers towards working from home has also changed somewhat since last year. Compared to the previous year, a smaller proportion of employees believe that...
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10 millió Fa: it is vital for everyone to water trees
A young tree needs at least 50-70 liters of water per week to survive in a drought. The 10 Million Trees community is therefore calling on everyone to water at...
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MTÜ: domestic music and dance clubs and casual catering shops can apply for support for equipment purchase and development
Approximately 200 rural casual catering shops and another 100 rural music and dance clubs can call for support worth nearly HUF 300 million. The HUF one million non-refundable subsidy that...
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Mondelēz adds new offerings as consumer definition of value changes
The Oreo and Ritz manufacturer plans to implement “targeted promotions” and launch more packs within the $3 to $4 price range to attract cash-strapped shoppers. Snacking giant Mondelēz International is adding new “value”...
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Promotional Budget Cuts Could Impact EU Fruit And Vegetable Consumption: Freshfel Europe
The European Commission’s plan to redirect funds allotted for the agricultural promotion policy could harm the competitiveness of EU fruit and vegetables and slow down the progress achieved in promoting...
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Almost a quarter of a million sheep and goats were killed in Romania to control the plague of small ruminants
The plague of small ruminants (ppr) was first detected in Romania on July 17, and 37 active outbreaks of infection have been identified in the country, in which 218,000 sheep...
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Despite the labor shortage and the extreme heat, domestic tobacco cultivation does not stop
The Continental Tobacco Industry Group from Sátoraljaújhely looks forward to the tobacco harvest season with optimism. Artificially dried Virginia tobacco accounts for a significant percentage of Hungarian tobacco production. Despite...
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Nébih: the majority of anti-parasitic preparations for cats passed the tests
During the summer seasonal inspection, the experts of the National Food Chain Safety Office also examined the spot-on solutions against external parasites approved for cats, 8 of the 13 inspected...
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Symbol of Sustainability 2024 winners
Trade magazine announced the Symbol of Sustainability competition for the fifth time. Out of the entries received for the competition, 14 applicants won the prize in the seven announced categories...
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The FAO food price index remained largely unchanged in July
According to the Friday report of the Food and Agriculture Organization of the United Nations (FAO), the world market index of food raw materials was unchanged for the second month...
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