Market News
German inflation slowed to an almost three-year low in March
In line with what was announced in advance, inflation in Germany slowed to an almost three-year low in March, according to the final data published by the German Federal Statistical...
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We can’t expect much good on the grape front this year
This year has once again brought worrying variability for grape growers, who had to face the challenges of the weather. As in previous years, there were many anomalies in the...
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Exotic: camel’s milk may be the new cow’s milk
Interest in camel milk is growing, and gigantic farms are being established in more and more countries to meet the growing demand. In the Middle East and other regions, camel...
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Support for small shops: almost HUF 40 billion in development funds arrived in Zala
Almost HUF 40 billion in development funds have arrived in Zala as part of the Hungarian Village Program (MFP), which has been ongoing since 2019, said Kustánszegen, the government commissioner...
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The rescheduled area and animal-based support payments have started
Almost 48,000 producers received over HUF 55.6 billion in support under 11 legal titles this week from the Hungarian State Treasury thanks to the extraordinary rescheduling.This also started the payment...
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Kaufland introduces reusable bread and roll bags in Germany
Kaufland is introducing reusable bags in its bakery sections in Germany. The “viewing window” on the washable bags, which cost EUR 0.99, will make it easier to recognise the product...
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“Play for a Greener Future” promotion winners
The main prize of the “Play for a Greener Future” sustainability promotion has been ceremonially presented in Hajdúnánás. This article is available for reading in Trade magazin 2024/4 Henkel and...
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Márton Nagy: more and more people want to work in Hungary
More and more people want to work in Hungary, said Minister of National Economy Márton Nagy on Saturday in his presentation at the Tranzit spring conference entitled Year of Elections...
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A new era in facial care
NIQ data indicates that the facial care category is growing steadily in both value and volume. This article is available for reading in Trade magazin 2024/4 Hyaluronic acid, the miracle...
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The interface for reporting the import of agricultural products will be activated from Tuesday
On April 16, the government decree on the import of certain agricultural products into Hungary will enter. According to the legislation, natural persons, sole proprietors, legal entities or other organizations...
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Low environmental impact technologies are necessary for wine production
The Ministry of Agriculture is committed to ensuring that grape growing in our country has as little environmental impact as possible and that we produce our wines as energy-efficiently as...
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Finland’s Valio Mulls Closure Of Production Plants In Helsinki And Turku
Valio is planning to close its plants in Helsinki and Turku and transfer the production of juices and plant-based snacks and cooking products to its Riihimäki plant. The move will...
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Márton Nagy: the government will provide HUF 45 billion to Agrár Széchenyi Kártya Constructions until 2026, thus supporting the sector with an additional HUF 420 billion loan
In view of the role and importance of the Agrár Széchenyi Card Constructions in agriculture and crisis management, the government decided to expand the Agrár Széchenyi Card Constructions in order...
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Schnuck Markets goes live with AI-based salad bars
Schnuck Markets Inc. is rolling out a “smart salad bar” experience at select stores. The regional Midwest grocer is deploying the Picadeli artificial intelligence (AI)-based salad bar solution to 22...
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Portugal’s Continente Tests Inclusive Store Concept
Portuguese supermarket chain Continente is piloting an inclusive store concept designed to improve the shopping experience for people with disabilities, particularly those with autism. The Continente Modelo Leça do Balio...
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This year’s asparagus season started earlier than usual
Thanks to the sudden warming, this spring asparagus picking started three weeks earlier than usual in domestic gardens. According to the joint market overview of the National Chamber of Agriculture and...
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Burger King Germany makes plant-based meals cheaper than meat
In Germany Burger King has slashed the price of all its plant-based menus by 10 cents, making them cheaper than the restaurant chain’s meat-based options. This article is available for...
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GVH: Annual food inflation practically dropped to zero in March
Food inflation measured on an annual basis was 0.7 percent in March 2024, according to data published by the Central Statistical Office (KSH) on Thursday morning. Accordingly, food prices have...
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MNB: both inflation and core inflation were in the middle of the central bank’s March forecast band
Both inflation and core inflation were in the middle of the forecast range of the central bank’s March Inflation Report – stated the analysis of the Hungarian National Bank’s March...
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KSH: in March, consumer prices increased by 3.6 percent on average compared to the same month of the previous year
In March 2024, consumer prices were on average 3.6 percent higher than a year earlier. Compared to February, prices rose by an average of 0.8 percent, telephone and internet services...
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Márton Nagy: inflation collapsed and remained low
Based on the latest data from the Central Statistical Office (KSH), the rate of inflation continued to melt in March 2024, after 3.8 percent in January and 3.7 percent in...
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Márton Nagy negotiated with representatives of the 13 fastest growing domestic companies
On Thursday, Minister of National Economy Márton Nagy received in his office the senior managers of the 13 domestic companies that are among the fastest growing economic companies in Europe...
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The European Parliament has adopted new rules for consumer information for certain foods
The European Parliament (EP) has accepted the amendment of the “breakfast directives”, the EP announced. According to a statement from the Hungarian Liaison Office of the EP, the aim of...
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Medicines, yes, but we don’t look for healing on the Internet
In the case of a health complaint they have not experienced before, according to their own admission, patients mostly find out about treatment options in person or over the phone,...
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The government decided on a five-point package of agricultural measures
The government decided on a five-point package of measures due to the situation in European agriculture – Minister of Agriculture István Nagy announced on Kormányinfo on Thursday. (Photo: AM/István Fekete)...
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In March, annual inflation slowed to 6.6 percent in Romania
Annual inflation in Romania slowed to 6.6 percent in March from 7.2 percent in February, the National Statistical Institute (INS) announced on Thursday. In March, the price of services was...
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Corn sowing begins in Zala County
In the middle of April, corn, sunflower and soybeans are sown in Zala County. The planned sowing area of corn is almost 30,000 hectares, and that of sunflower exceeds 5,000...
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In China, consumer prices rose less than expected in March
Consumer prices in China increased by 0.1 percent in March on an annual basis, the statistics office of the Asian country announced on Thursday. Analysts expected a larger increase of...
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Starting this summer, domestic food industry entrepreneurs can apply for HUF 200 billion in non-refundable subsidies
The economic government allocates resources worth HUF 480 billion for food industry developments within the framework of the Common Agricultural Policy (KAP) Strategic Plan.In many respects, the related tenders published...
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Wastewater treatment plants effectively remove microplastics – survey
Wastewater treatment plants remove microplastics with high efficiency, despite the fact that they were not designed to solve such problems – it was revealed during a survey of several domestic...
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