Market News
Nébih helps the management of eGN by uploading the data of the Single Request
Nébih uploaded the territorial data provided in the Single Application into the eGN system, making it easier to fill out the electronic diary. After the mass transfer of the EC data,...
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Nestlé Says Price Rises Will Moderate In Rest Of 2023
Nestlé will raise prices at a more moderate rate in the remainder of 2023, its CEO said, as the company hit back at criticism that food manufacturers are charging more...
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Demand for fertilizers has improved
In 2023 IV–VI. 20 percent more fertilizer was delivered to farmers compared to the volume sold in the same period a year earlier. The average sales prices decreased further in...
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First European Application for the Sale of Cultivated Meat
Israel’s Aleph Farms has submitted an application to Swiss regulators with the goal of selling the world’s first cultivated beef steaks under the Aleph Cuts brand in Switzerland, which would...
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More and more people choose agricultural higher education
Agricultural higher education is becoming more and more popular, which is confirmed by this year’s admission results, the Minister of Agriculture announced. István Nagy pointed out that based on the...
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New GfK CMO survey out
In a global research with over 600 CMOs and senior marketing decision makers, GfK has examined their perception of success factors driving effective marketing in their companies, broken down into...
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From August, the discount limit of the SZÉP card will rise to HUF 650,000 and can also be used for food
From August, not only the 15 percent discount on food, but also government measures affecting the SZÉP card will help families and reduce inflation. With the tax discount provided by...
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GFM: from August 1, the rate of mandatory food price promotions will increase to 15 percent
The government continues its inflation-reducing measures. As of August 1, the extent of mandatory food price promotions will increase to 15 percent and the range of foods designated for promotions...
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KSH: Sales prices in the food industry rose by 19.4 percent
In June, industrial producer prices were on average 6.4 percent higher than a year earlier. Domestic sales prices increased by 29.8 percent, export sales decreased by 5.0 percent, the Central...
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Euro zone inflation slowed down in July
In July, inflation in the euro zone slowed down to the extent expected by the market, based on Monday’s report by Eurostat, the statistical office of the European Union. According...
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Eurozone GDP grew more than expected in the second quarter
In the second quarter, the gross domestic product (GDP) in the euro area increased slightly more than expected, both quarterly and annually, based on Monday’s report by the statistical office...
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Inflation continued to slow down in Italy
In Italy, consumer prices rose by 6.0 percent year-on-year in July, after a 6.4 percent rise in June, the Italian statistical office, Istat, announced on Monday as preliminary data. The...
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Hungarians regularly eat hot dogs, but they don’t know what they’re made of, according to a study
95 percent of the Hungarian population regularly consumes hot dogs, but a quarter of them are completely unaware of what they are made of – this was revealed in a...
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Europe has boiled, one tenth of humanity is starving – technologies that can be a way out of the upcoming global food crisis
According to forecasts, by 2050, in parallel with the dynamic population growth, the global food demand will also jump by about 70 percent, while the situation of agriculture is already...
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According to a survey, the global market for agricultural technology is growing at an accelerating rate
Due to the drastic increase in global food demand and the scarcity of water resources, the market for agricultural technologies is constantly growing and may exceed 43 billion dollars by...
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Bulgaria’s fruit growers are in big trouble
Without government help, the sector could be on the brink of bankruptcy. The spring frosts and last week’s hail destroyed 70-80 percent of the crop. Cruel conditions prevail in the Bulgarian...
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K&H: faint optimism on the inflation stage
The number of middle-aged people who have not experienced a significant increase in the price of food is negligible – it is clear from the second quarter of K&H’s secure...
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If you’re bored with ratatouille, grill the peppers instead!
Baked, boiled, stuffed, ground as a spice… Paprika is a basic and essential ingredient of Hungarian cuisine, from soups to main dishes to pickles. With the arrival of the season,...
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90 percent of the cherries have already been picked, the national average is more than last year
Among the fruits, cherry picking showed 90.7 percent readiness on July 16. The national average was 6.7 tons/hectare, 12.5 percent more than last year. The yield per hectare in the...
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Significantly less fruit is ripe in the EU
Half of the EU’s watermelon crop comes from Spain and Italy, which also supply 30% of Europeans’ melons. According to data from Eurostat, the European statistical office, a total of...
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How well do you know Hungaricums?
The Ministry of Agriculture is launching a Hungaricum game. The aim of the initiative is to draw attention to our national values and the top achievements of Hungarians. A gift package...
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Aldi launches search for ‘official beer taster’ int he UK
Supermarket Aldi is searching for an ‘official beer taster’ to review its new range of beers, which is due to launch on 11 September. The successful applicant will receive four...
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DHL acquires Turkish parcel delivery provider MNG Kargo
DHL Group has signed an agreement to acquire 100 percent of MNG Kargo, one of the leading parcel service providers in Turkey. According to DHL, the acquisition secures a leading...
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ChatGPT was brought down by Brain Bar presenter
The Princeton student wrote an algorithm in three days that can tell if any text was written by ChatGPT. GPTZero already has millions of users, and Edward Tian, along with...
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Beyond the Balaton hedge
When we say Lake Balaton, everyone thinks of Lake Balaton. Rolled in paprika flour, fried in oil. But let’s celebrate Balaton Fish Day with perch instead of pike! At least...
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General Mills doubles vitamin D in cereals following FDA ruling
General Mills announced it is doubling the amount of vitamin D to 20% of the recommended daily value in several of its most popular cereals. The first two products to...
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NAK: the sweetener aspartame can still be consumed in moderation
With a healthy, balanced diet, the presence of the sweetener called aspartame in food and soft drinks should not cause problems – the National Chamber of Agrarian Economy (NAK) told...
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According to the United States, there is no real alternative to Black Sea grain transport
The United States supports efforts to renew Black Sea grain shipments because there is no real alternative to the route, the United States ambassador to the United Nations said on...
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The domestic melon takes everything
Melon harvesting began in the first half of July, and the fruit is of excellent quality this year as well. And by consuming domestic products, we support the livelihood of...
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Viktor Orbán: supermarkets raise prices as price speculators
The big food chains and supermarkets behave like price speculators: they raise prices even in circumstances where there is no basis for it – said Prime Minister Viktor Orbán on...
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