Market News

E-commerce came to a standstill, it received a threat from an unexpected place

Domestic e-commerce stagnated in the first half of the year. In addition to the decreasing number of customers, the e-retailers were able to maintain last year’s level by forcedly increasing...

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Henkel celebrates 100 years of Adhesive Technologies

Exactly 100 years ago today, Henkel began selling its first adhesive solutions to neighboring companies. From the development of laundry detergent packaging adhesives for its own use to today’s advanced...

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In addition to supplying domestic consumers, fresh Hungarian tomatoes also reach foreign markets

From April until the onset of winter, fresh Hungarian tomatoes are waiting for customers, according to the joint market overview of the National Chamber of Agriculture and the Hungarian Fruit...

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In Canada, all cigarettes are labeled with a warning label

Every single cigarette sold in Canada will be labeled with a health warning message based on the first measure of the new regulations that will come into effect on Tuesday,...

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The Continental Tobacco Industry Group is starting the tobacco harvest season with favorable prospects

The Continental Tobacco Group is starting this year’s tobacco harvest season with favorable prospects and is expecting an above-average harvest, the company group told MTI on Thursday. According to the...

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Plant protection and plant nutrition are on the verge of radical change

In recent years, environmental awareness has become important in almost every aspect of our lives. An increasingly large part of the population tries to use the most sustainable solutions possible...

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Tesco offers all staff right to request flexible working

Tesco has become the first major UK supermarket to grant staff new flexible working rights almost a year ahead of an expected change in the law next year. The supermarket’s...

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Nestlé Doubles Down on Plant-Based Offerings

Nestlé, one of the world’s largest food maker, is maintaining its focus on plant-based products, even as the broader industry faces a slowdown. Mel Cash, Nestlé’s chief marketing and innovation...

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Economic Pressure Led to Fewer New Product Innovations In 2022, Says Circana

Brands launched 16.5% fewer new product innovations in 2022, due to growing economic pressures, a new report from Circana has found. The Race for Resilience: Innovation Pacesetters report for Europe,...

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Domestic honey labeling rules are getting stricter

For years, our country has been advocating for the tightening of the European regulations for marking the origin of honey mixtures in order to protect consumers and beekeepers. Due to...

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Even more time for creativity: there is a new deadline for “According to Grandma” works

The staff of the Nébih Nothing Left program provide a longer deadline for applicants to the “According to Grandma” drawing competition, so they will have until August 31 to submit...

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BMI: Slight contraction in July

The seasonally adjusted July value of the Purchasing Manager Index (BMI): 45.7. Compared with the previous July values, this year’s value is lower than the long-term average for this month...

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Can meat, milk and eggs disappear from the shops?

The global climate change caused by human irresponsibility can have serious consequences for the Hungarian economy, particularly in the food and tourism sectors. Although the food price freeze has ended,...

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The price of eggs fell by nearly 30 percent

According to data from the price monitoring system of the Economic Competition Authority, the price of eggs dropped by nearly 30 percent in a single day. On Monday, it was...

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GFM State Secretary: the government has taken effective measures to reduce food inflation

In order to curb inflation, the government has taken a number of effective measures, among other things, it has decided on mandatory promotions and launched the online price monitoring system...

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Two chocolates from the Hungarian chocolate manufactory also won awards at the gastronomic Oscar

The Bonbonier Chocolate manufactory won the prize at the international competition with its oolong-raspberry-rose tea-flavored bonbon and cinnamon hot chocolate. The two products were awarded one star each at the...

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This is how the bread competition of the Hungarian Bakers’ Association ended

True to the traditions of the Hungarian Bakers’ Association, in 2023 it held its bread competition for the twelfth time. The public was able to meet for the first time...

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The British don’t buy plastic bags since they have to pay for it

The introduction of charges for single-use plastic bags in major UK supermarkets, including Tesco, Sainsbury’s, Asda, and Morrisons, has led to a significant decrease in the use of these bags....

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The viticulture research institute in Pécs would contract with its partners to finance its breeding work

The Viticulture and Wine Research Institute of the University of Pécs (PTE SZBKI) would obtain resources to finance the work of breeders, which is becoming increasingly important due to economic...

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Warsaw expects the Ukrainian side to understand the Polish attitude in the grain issue

In the grain issue, Warsaw expects the Ukrainian side to understand the Polish attitude, Polish Deputy Foreign Minister Pawel Jablonski said on Wednesday after receiving the Ukrainian Embassy’s temporary charge...

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E-commerce: orders arrive faster in summer

In order to be able to receive postal items without interruption even during the summer period, it is advisable to think in advance when and for how long you will...

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MBH AgrárTrend Index: the evaluation of the situation of the food economy has strengthened back to the level of the beginning of 2022

After the strengthening experienced in the first three months of 2023, the prospects for Hungarian agriculture improved further in the second quarter, the actors of the sector overall believe that...

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Monster Beverage Acquires Bang Energy

Monster Beverage Corporation has completed the acquisition of Vital Pharmaceuticals, Inc. and certain of its affiliates, collectively known as Bang Energy. The transaction is valued at approximately $362 million (€329.9...

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Anuga 2023: Combating food waste together

As the leading global trade fair for the food industry, Anuga would like to push the discussion about food waste: By offering exhibitors and leading institutions an international exchange platform,...

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The use of aspartame is not from the devil, the sweetener can be consumed in moderation

With a healthy, balanced diet, the presence of aspartame in food and soft drinks should not cause problems. The modification of the risk classification of the sweetener caused a great storm...

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Aldi removes use-by dates on fresh milk ranges to help cut food waste

Aldi has revealed that it is removing ‘Use By’ dates from its fresh milk to help reduce food waste. The German discounter will instead begin using ‘Best Before’ dates on...

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The farmers’ market in Bőcs, Borsod, was handed over

The 118 million HUF farmers’ market was handed over in Bőcs, Borsod-Abaúj-Zemplén county, on Wednesday. At the event, Gergely Gulyás, Minister in charge of the Prime Minister’s Office, said that...

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The raspberry growing area has been continuously decreasing since the turn of the millennium

According to KSH data, raspberries were grown on 1,500 hectares in Hungary at the turn of the millennium, and since then the cultivated area has been continuously decreasing. Eurostat data...

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Alexandra Szentkirályi: from August, 15 percent food price promotions protect families and pensioners

Starting in August, 15 percent food price reductions will protect families and pensioners, the government spokesperson said on Tuesday in a video shared on Facebook. Alexandra Szentkirályi said in a...

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GVH: the price monitoring system will protect Hungarian families from price increases even after the first of August

The Economic Competition Authority (GVH) strictly monitors the implementation of inflation and price reduction measures, the online price monitoring system operated by the office will protect Hungarian families from price...

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