Market News
A surplus of 1,481 million euros in foreign trade
A robust surplus of 1,481 million euros was generated in foreign trade in June, far exceeding all expectations, which is a new historical high, thanks to the moderation of energy...
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FruitVeb The apple juice market may be on the verge of a boom
The apple market may be on the verge of a global recovery, the increase in demand would benefit Hungarian producers as well – read a summary published on Wednesday on...
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In the Czech Republic, the utilization of commercial accommodation has increased
The number of domestic and foreign tourists registered in commercial accommodation increased in the second quarter in the Czech Republic, but there is still a lack of wealthier tourists, mainly...
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An extraordinary adaptation is needed in agricultural production
It is impossible to prepare for the frequent changes that have affected agricultural producers every day in the past two years. This summer, the extremely low purchase prices of grain...
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France Asks European Court of Justice to Clarify Legality of Alt Meat Labelling Ban
The French Conseil d’Etat has asked the European Court of Justice (ECJ) to clarify whether the government’s decree banning the use of meat-like terms for plant-based products is compatible with...
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SPAR Croatia Reduces Sugar Content In Private-Label Products
SPAR Croatia is reducing the sugar content in its own-brand products, in line with the recommendations of the World Health Organisation (WHO). The retailer has so far managed to significantly...
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National champions of the food industry
The Food Industry Champion Program also helps strengthen our food sovereignty and support Hungarian producers – Minister of Agriculture István Nagy announced on his social page. The head of the...
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Diageo and Waitrose team up to grow space for alcohol-free
A new partnership with Diageo will see Waitrose grow the amount of shop space across its estate dedicated to alcohol-free drinks by 60%. The upmarket grocer will introduce dedicated areas...
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NAK: The ratio of domestic products in stores must be maintained
The National Chamber of Agrarian Economy initiated a wide-ranging professional consultation with the food retail players operating in our country. The purpose of the meeting was to ensure that, despite cheap...
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MNB: food prices reduced July inflation
In July, the decline in inflation intensified, inflation slowed by 2.5 percentage points compared to the previous month, annual core inflation decreased significantly by 3.3 percentage points, the Magyar Nemzeti...
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KSH: consumer prices increased by 17.6 percent on average in July, and food prices decreased by 0.9 percent on average
In July, consumer prices increased by 17.6 percent on average compared to the same month of the previous year, and food prices decreased by an average of 0.9 percent compared...
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K&H: there is still room for cash
While young people pay more and more often electronically during their non-online purchases, cash also has a place in their circles – this is what the K&H youth index concluded....
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István Nagy: the price monitor works effectively
It has only been in operation for a few weeks, but the price monitor is already helping Hungarian families save a lot – Minister of Agriculture István Nagy announced on...
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The price of Trappist cheese, which has become extremely expensive, is finally falling
Based on the latest data from the Central Statistical Office (KSH), the price of Trappist cheese in Hungary has decreased significantly over the past year, by 6.1 percent. This favorable...
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Hungarian mineral waters are guaranteed to be of good quality
Hungarian mineral waters are guaranteed to be of good quality; in addition to the big, well-known brands, customers can choose from the products of countless smaller bottlers – pointed out...
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This is how the average consumer price of beer changed in Hungary
Beer production varied in the first half of the 2010s, and then increased continuously between 2015 and 2019. In 2020, however, the volume of output (HUF 100.3 billion) fell by...
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Food businesses are also affected by the new cyber security law
Some food businesses are also subject to the cyber security rules that come into force on 01.01.2024. Nébih hereby draws the attention of those concerned to inform themselves in time about...
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The price of a slaughter heifer decreased by 19 percent, and that of a slaughter cow by 24 percent
In the United States, the price of the bull was 6.43 dollars (USD)/kilogram of split cold weight in June 2023, 31 percent higher than a year earlier. In Brazil, the price...
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Inflation in Germany eased in July
Inflation moderated in Germany in July, based on Tuesday’s report based on final data from the German Federal Statistical Office, Destatis. The engine of inflation is still primarily the rise...
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Notification of storm and downpour damage in agriculture
The extreme weather also caused a lot of damage to agriculture across the country, but the damage mitigation system provides assistance in the case of downpours and storm damage in...
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The Summer of Bubbles wine marketing campaign will be presented at the Balatonfüred Wine Weeks
The Hungarian Wine Marketing Agency’s first domestic campaign, the Summer of Bubbles, will be presented at the Balatonfüred Wine Weeks, which started on Friday, with the aim of promoting Hungarian...
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The 3rd National Biodiversity Strategy was created
The 3rd National Biodiversity Strategy provides a comprehensive framework for the long-term survival of domestic wildlife and natural resources, and defines the objectives to be achieved by 2030 and the...
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The price of eggs at the packing point is 65 percent higher than a year ago
Based on data from the European Commission, the packing point price of table eggs in the EU was 246.58 euros/100 kilograms in the first thirty weeks of 2023, 43.8 percent...
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AKI: fertilizer turnover increased by almost 20 percent in the second quarter
Thanks to falling prices, fertilizer turnover increased by almost 20 percent in the second quarter compared to last year – read the summary of the Agricultural Economics Institute (AKI). In...
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Nomad Foods Invests In Solar Energy Installation In Italian Factory
Frozen food firm Nomad Foods plans to install photovoltaic panels at its Cisterna di Latina manufacturing site in Italy. The move will help the company to reduce CO2 emissions by 1,180...
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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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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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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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