Market News
We are further deepening our agricultural relations with Azerbaijan
Date: 2024-07-11 11:00:50
He also discussed educational, scientific and animal husbandry issues with Minister of Agriculture István Nagy and Majnun Mammadov, Minister of Agriculture of Azerbaijan. During the meeting, the minister drew attention...
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The barley is already in the granaries
Date: 2024-07-11 10:30:42
This year, due to the dry and warm weather, the harvest of fall-sown field crops started about two weeks earlier than usual, and it continues continuously even in the heat:...
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A maze of several hectares was built on the border of Kiszombor
Date: 2024-07-11 10:00:23
In a four-and-a-half-hectare cornfield, they created an almost five-kilometer labyrinth on the border of Kiszombor in the Csongrád-Csanád counties. Erzsébet Endrész, president of the organizer Kiss Mária Hortensia Honismereti Kör,...
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Agroinform.hu: this year’s fruit harvest promises a good brandy season
Date: 2024-07-11 09:30:21
This year’s fruit harvest promises a good pálinka season, the professionals expect a more favorable year than the previous one, after last year’s decline, this year’s volume is expected to...
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Rewe opens Europe’s largest autonomous supermarket
Date: 2024-07-11 09:24:47
Rewe has opened Europe’s largest autonomous supermarket in Hamburg. Its surface area of 1,200 sqm is enough to regain the record from rival Netto. Four check-out systems The German supermarket chain...
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Agrometeorology: There is a drought in an increasingly large area
Date: 2024-07-11 09:15:09
Especially in the central areas of Hungary, the drought is intensifying, the summer plants urgently need rain – HungaroMet Zrt. wrote in its agrometeorological analysis on Thursday. They wrote: there...
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The Body Shop: Beauty industry tycoon closes in on deal
Date: 2024-07-11 09:14:23
Entrepreneur Mike Jatania, who made his fortune building cosmetics brands, is gearing up to buy The Body Shop out of administration. The tycoon is thought to be part of a...
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Minister of Agriculture: sustainable agriculture and forestry play a prominent role in the fight against climate change
Date: 2024-07-11 09:00:44
Sustainable agriculture and forestry play an outstanding role in the fight against climate change, in maintaining biological diversity and in protecting nature, and through this in preserving the values of...
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Coffee prices to continue rising, warns Lavazza
Date: 2024-07-11 09:00:37
Italian coffee company Lavazza has warned that coffee prices will keep rising until the middle of next year as the industry continues to face “very challenging headwinds”. Vice chairman Guiseppe...
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EY: CEOs around the world are optimistic – growth can start
Date: 2024-07-10 14:59:07
Compared to last year, managers are more optimistic about growth prospects, according to EY’s latest international survey of 1,200 CEOs and 300 institutional investors in 21 countries, including France, Germany,...
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The mandatory redemption system imposes an unreasonable burden on brandy distilleries
Date: 2024-07-10 11:49:28
Less frost damage than last year had a positive effect on the development of the domestic fruit harvest, which overall predicts a better year than 2023 on the brandy market...
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K&H: Hungarian tourists have started, the mobile solution is becoming more and more popular
Date: 2024-07-10 11:14:37
A significant, double-digit increase can be seen in travel insurance this year, K&H announced. The financial institution signed 11 percent more contracts between January and mid-June than a year earlier....
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Serious decline in Hungarian green pea production
Date: 2024-07-10 11:12:35
In recent years, Hungary was the third largest producer of green peas in the European Union, and also occupied a prominent place in the export market. This year, however, brought...
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Food prices in China have been falling for twelve months
Date: 2024-07-10 11:07:11
In June, the annual inflation in China moderated to a greater extent than expected: according to the Wednesday report of the National Bureau of Statistics, consumer prices rose by 0.2...
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MTÜ: the number of Michelin Guide recommended hotels in Hungary has increased to twenty-five
Date: 2024-07-10 11:03:52
Together with the four new ratings in June, twenty-five Hungarian accommodations have been included among the accommodations recommended by the world-famous Michelin Guide – the Hungarian Tourism Agency (MTÜ) announced...
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There is already lab meat that is just like the real thing
Date: 2024-07-10 10:59:54
South Korean researchers have developed a pioneering method for the production of artificial meat, which tastes close to meat of animal origin. According to a CNN report, the technology developed...
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AI could be the key to a summer break for sole proprietorships
Date: 2024-07-10 10:55:48
Today, 620,000 registered sole proprietors in Hungary are wondering how they can relax for at least one, but rather two weeks during the summer. The solution is not impossible, but...
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Consumer opinions about the end of the mandatory promotion are mixed
Date: 2024-07-10 10:36:26
On July 1, the government canceled the 13-month mandatory promotions in stores, but the Price Monitor is still available on the website of the Economic Competition Authority. In the mfor.hu...
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The competition office particularly monitors the activities of airlines
Date: 2024-07-10 10:12:41
A Gazdasági Versenyhivatalhoz (GVH) számos panasz érkezik a légitársaságok tájékoztatásaival, illetve egyéb gyakorlataival kapcsolatban, ezért megkülönböztetetten figyeli a légitársaságok tevékenységét, és hatáskörei keretében támogatja a fogyasztóvédelmi eljárásokat – tudatta a...
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A new building ensuring long-term gene preservation was handed over in Tápiószele
Date: 2024-07-10 10:00:30
Maintaining the diversity of genetic resources, especially with regard to crops for agricultural and food purposes, is an important issue of food security and national strategy.In the new building of...
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Walmart Canada to debut sensory-friendly store hours
Date: 2024-07-10 09:53:20
Walmart Canada is launching a new initiative to make its stores more inclusive to all shoppers. The retailer is adding sensory-friendly hours at stores across Canada with the aim to make shopping...
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Nestlé invests in speciality protein-foods factory in Germany
Date: 2024-07-10 09:37:26
The site in Rosbach vor der Höhe houses Nestlé’s Vitaflo business. Nestlé is expanding a plant in Germany dedicated to the manufacture of products for congenital metabolic disorders. The world’s...
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Hungary is a net exporter of both frozen and fresh cherries
Date: 2024-07-10 09:30:52
According to KSH data, Hungary’s cherry crop ranged between 60.5 and 83.5 thousand tons between 2018 and 2022. According to KSH data, the cherry crop in 2023 decreased by 18...
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Denmark Will Be First To Impose CO2 Tax On Farms, Government Says
Date: 2024-07-10 09:06:55
Denmark, a major pork and dairy exporter, will introduce a tax on livestock carbon dioxide emissions from 2030, making it the first country to do so and hoping to inspire...
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Domestic berry fruit cultivation could be saved
Date: 2024-07-10 09:00:04
Even though there is a demand for berries from consumers and the processing industry, domestic cultivation has been pushed into the background in recent decades. Partly due to climate change...
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Growing retail, falling SMEs: what can companies do?
Date: 2024-07-09 15:45:09
A KSH adatai szerint az év első öt hónapjában javult a fogyasztás. Bár még mindig nem éri el a 2021-es év átlagát, májusban már 3,6 százalékkal nőtt a kiskereskedelmi forgalom[1]...
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What comes after the mandatory promotions?
Date: 2024-07-09 13:57:20
As of July 1, 2024, a significant change has taken place in the Hungarian retail sector: the mandatory in-store promotions, introduced just over a year ago on June 1, 2023,...
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KSH: in June, consumer prices increased by 3.7 percent on average compared to the same month of the previous year
Date: 2024-07-09 12:53:13
In June 2024, consumer prices were on average 3.7 percent higher than a year earlier. Compared to May, prices did not change on average, food prices fell by 0.3 percent,...
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MBH Bank analysis: Inflation moderated in June
Date: 2024-07-09 12:31:09
According to MBH Bank’s latest analysis, the annual rate of inflation fell to 3.7% in June 2024, which is below the previously expected level of 4%. The level of consumer...
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Márton Nagy: the decrease in inflation in June exceeded all expectations
Date: 2024-07-09 12:23:40
The targeted measures of the government broke down and suppressed inflation. And measures such as the online price monitoring system generate lively retail competition and support inflation to remain at...
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