Market News
Sustainability does not entail an unacceptable decrease in the standard of living
“Sustainability means solutions to global environmental problems that do not involve either economic bankruptcy or an unacceptable decrease in the standard of living,” said Mr. Attila Chikán, the president and...
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New director at the head of the Continental factory in Szeged
From February 1, 2024, Sándor Horváth took over the position of director of the Szeged factory of the Continental technology company from his predecessor, Sven Meier. The new factory manager...
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Hungarian Dietitians: microalgae have many disease-preventive effects
Microalgae are microscopic unicellular or multicellular algae found in many habitats, such as marine and freshwater environments, as well as in soil, even under ice, and in other microbial communities....
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At the same time, the majority of food became cheaper in the Czech Republic as well
Annual inflation in the Czech Republic dropped to two percent in February from 2.3 percent in January, the Czech Statistical Office announced on Monday in Prague. Annual inflation has been...
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Kraft Heinz enters plant-based meats with Oscar Mayer hotdogs and sausages
The CPG giant and its partner, NotCo, hope the offerings can shake up the alternative meat sector, which remains “underdeveloped and under-consumed.” Kraft Heinz is launching plant-based Oscar Mayer Hot...
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(HU) 236,3 milliárd dollárra nőtt a saját márkás eladások értéke 2023-ban
A PLMA 2024-es Private Label Report című jelentése szerint a sajátmárkás termékek forgalma 2023-ban az előző évhez képest 4,7%-os növekedést követően elérte a 236,3 milliárd dollárt. Az eladások értéke 10,1...
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Colruyt trials smart shopping trolley
An unusual shopping trolley is popping up in the Colruyt supermarket near the retailer’s headquarters in Halle, Belgium this month. It can scan the products customers put in it, and...
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KSH: in February, consumer prices increased by 3.7 percent on average compared to the same month of the previous year
In February 2024, consumer prices were on average 3.7 percent higher than a year earlier. Compared to January, prices rose by an average of 0.7 percent, vehicle fuels rose by...
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MBH Bank analysis: Overall, this year’s annual inflation rate could be 4.1%
The last time the rate of price increase was at a similar low level was in August 2021. The change compared to the previous month was +0.7%, which reflects a...
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FAO Food Price Index declines further in February
The benchmark for world food commodity prices declined for the seventh consecutive month in February, as lower international quotations for all major cereals more than offset rising prices of sugar...
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GVH: Food inflation has not been as low as in February 2024 in seven years
In the second month of 2024, consumer prices were on average 3.7% higher than a year earlier, and food inflation was even lower, at 2.2%. In addition to government and...
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Shrink inflation has also reached Easter hams
As the Easter holiday approaches, we increasingly feel the challenges of preparing for Easter, among which the price increase of Easter hams is especially prominent this year. The National Association...
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Coffee can get really expensive
Starting next year, consumers in the EU will have to face a scarce supply and higher coffee prices, according to the German coffee industry’s professional representative organization, the Deutscher Kaffeeverband,...
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Márton Nagy: the collapse of inflation intensively supports the growth of real wages
Based on the latest data from the Central Statistical Office (KSH), inflation decreased to 3.7 percent in February 2024. The government reduced the rate of price increase to single digits...
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Women play the main role at this year’s Gourmet festival
The “female energies” will be the focus of this year’s Gourmet festival, which awaits the public with more than 100 exhibitors, including 35 restaurants and 7 pastry shops, between May...
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Oil producers have to cook up something
The Hungarian oil market is going through a period of change, partly because of external factors and partly owing to domestic rules. This article is available for reading in Trade magazin 2024/2-3...
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NAK: as spring approaches, more and more domestic vegetables are available in stores
Starting from the early spring period, more and more domestic vegetables are entering the shops and Hungarian goods are taking the place of imports – it is clear from the...
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Green Club meeting: innovation and education to prevent a catastrophe
December’s meeting of the Green Chapter of the Hungarian Marketing Association (MMSZ) was another Green Club event, this time at Real Nature’s modern and smart green headquarters. This article is...
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The reduction of food inflation is also thanks to the online price monitoring system
In addition to the targeted government measures and the actions of the central bank, the moderation of food inflation is due to the active interventions of the Economic Competition Authority...
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MNB: the slowdown in the inflation of manufactured goods and foodstuffs offset the increase in the price of fuel in February
The annual consumer price index decreased by 0.1 percentage points in February compared to the previous month; the disinflationary contribution of industrial goods (-0.4 percentage points) and food (-0.3 percentage...
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Just Eat Takeaway to end service in Paris
Just Eat Takeaway is to close its home delivery service in Paris and this decision could affect around 100 jobs. Just Eat is Europe’s largest food home delivery company, and...
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In order to replenish the horticulture profession, a mentoring program was launched in Szentes
In order to ensure the supply of the horticulture profession, the 450-producer Southern Gardeners’ Cooperative is launching a mentoring program together with the Alföldi Agricultural Training Center and the Bartha...
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18 percent less fertilizer was sold in 2023
Fertilizer distributors sold 1.08 million tons of fertilizer directly to farmers in 2023. The volume sold was 18.8 percent less than a year earlier. The nitrogen-phosphorus-potassium (NPK) active ingredient content...
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Ho.Re.Ca. Coffee Market in Central Eastern Europe Despite the Crisis
The Ho.Re.Ca coffee market in the CEE countries, including Hungary, Czech Republic, Slovakia, Slovenia, Croatia, Serbia, and Bosnia, has demonstrated significant recovery since the aftermath of the Corona pandemic. In...
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Aldi plans big expansion through new store openings, conversions
Aldi has announced its most ambitious expansion plans to date as it continues to grow its U.S. footprint coast to coast. The discount grocer plans to add 800 stores nationwide by...
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As spring approaches, more and more domestic vegetables are available in stores
Domestic lettuce and spring onions are available on the market almost all year round, but larger quantities are available in early spring, when imported goods are replaced by domestic produce...
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Syngenta to Reduce Carbon Impact of Ocean Shipping with Maersk’s ECO Delivery
Syngenta finalizes agreement with Maersk for ocean transport using biofuel for a Europe-US shipping route. Syngenta Crop Protection, a leader in agricultural innovation, is to reduce its greenhouse gas (GHG)...
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EU commissioner for agriculture: leaving arable land fallow can be permanently voluntary
Permanently, at least until 2027, it can be voluntary to leave four percent of the arable land fallow – EU Agriculture Commissioner Janusz Wojciechowski announced on Friday in an interview...
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In five years, this company became the largest container manufacturing company in Hungary
The Hungarian-owned Continest Technologies Zrt. has become the largest container manufacturing company in Hungary in five years, the Székesfehérvár company announced on Thursday. For MTI’s interest, it was explained: the...
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In Catalonia, reusable intimate hygiene products are provided free of charge
In Catalonia, reusable intimate hygiene products are provided for free to women. Women should have a “free and informed choice” about how they want to manage their menstrual cycles. This...
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