Market News
The Ministry of Agriculture supports new investments worth more than HUF 171 billion
Thanks to the 80% national additional funding, the government has supported agricultural and food industry investments worth HUF 1,300 billion from 2021, in addition to this, another 400 projects will...
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Inflation in Germany also slowed down in May
In May, inflation continued to decelerate in Germany, according to data from the Federal Statistical Office (Destatis) on Wednesday. Based on the agency’s preliminary calculations, consumer prices increased by 6.1...
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The electronic management diary is available from the second half of June
From the second half of June, the electronic management log (eGN), which farmers participating in the new support system must keep, will be available on the electronic interface of the...
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GFM: the volume of investments also increased significantly in the field of agriculture
According to the data of the Central Statistical Office (KSH), in the first quarter of 2023, the amount of investments decreased by 2.8 percent on an annual basis. The result...
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The supervision fee declarations can be submitted without penalty until the second of June
Nébih informs the actors in the food chain that temporary interruptions in the operation of the reporting system may occur due to the currently experienced overload. In order to ensure...
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The European Union should show solidarity with Eastern European farmers
The European Union should show solidarity with the Eastern European farmers in order to ensure that the Eastern European stocks that have become unsold due to Ukrainian grain imports do...
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Agricultural risk management consultations in France
At the end of May, Anikó Juhász, the Deputy State Secretary responsible for agriculture, held talks in Paris on the topic of agricultural risk management. The deputy state secretary first...
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NAK prepared a comprehensive publication on the challenges and development opportunities of domestic agriculture
In recent months, the National Chamber of Agrarian Economy (NAK) has evaluated the sector’s situation and development opportunities in a broad perspective and in detail, taking global factors into account,...
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Proposed tax hike threatens success of alcohol-free beer in Thailand
A proposed tax hike on alcohol-free beer in Thailand could “clip the wings” of this niche category “even before it takes off”, analytics and consulting firm GlobalData has said. Several...
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Lidl And Kaufland Owner Schwarz Group Reports €154bn In Sales
The Schwarz Group, which operates the Lidl and Kaufland chains, has reported sales of €154.1 billion in its 2022 financial year, an increase of 15.4% year on year. The German...
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The World’s Most-Popular Grocery Brands 2023: Kantar Brand Footprint
Kantar has revealed the latest edition of its annual Brand Footprint report, which tracks the most-chosen brands by consumers around the world. The latest edition analyses the purchasing habits of...
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What causes food price increases and how long will they last? György Raskó speaks
The continuous rise in food prices is a global phenomenon that has been causing concern among consumers for more than a year. But how long will this process continue? Haszon.hu...
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Christmas Eve can be a holiday in commerce
In the next year, the number of days off around Christmas would increase according to a fresh draft decree, but it excludes retail employees who work tirelessly during the pre-holiday...
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Big trouble? A wave of store closures can come with the mandatory promotions
The introduction of the new mandatory promotion has caused concern among retailers, who say it could have serious consequences for the sector. Experts speaking to Pénzcentrum point out that this...
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The prices of the best quality wines rose sharply
The price increase of high-quality wines surpasses inflation and even the performance of the world’s largest stock exchanges. Investing in the wine market can be both a pleasure and a...
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KSH: investments decreased by 2.8 percent in the first quarter
The volume of investments in the first quarter of 2023 decreased by 2.8 percent compared to the same period of the previous year, and compared to the previous quarter –...
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Plant-based food sales grew robustly in Europe last year
Good Food Institute Europe (GFI Europe) has recently analysed plant-based food sales in 13 European countries. This article is available for reading in Trade magazin 2023/5 GFI Europe’s report came...
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Consumer sentiment deteriorated slightly in the United States in May
Although the American consumer sentiment index of the Conference Board economic research institute deteriorated in May compared to the previous month, it was much less than expected. The Conference Board’s...
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Hungary was also represented at the Italian MACFRUT event
MACFRUT is an important international event of the fruit-vegetable-spice sector, which took place for the 40th time this year in Rimini, Italy, between May 3rd and 5th. At the event,...
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There is serious potential in the medicinal plant sector
There is a high demand for Hungarian medicinal plants, and the sector has significant development potential – draw attention to the National Chamber of Agriculture and the Medicinal Plant Association...
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Top 25 global retailers thrive amidst challenges to post 7.1% YoY revenue growth in 2022, reveals GlobalData
Despite the challenges of high inflation rates, labor shortages, and disruptions in the supply chain, the top 25 publicly traded global retailers* achieved a remarkable year-on-year (YoY) revenue growth of...
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PepsiCo, UEFA Partner On Sustainability At UEFA Champions League Finals
Pepsico and UEFA have announced a partnership that aims to ensure the first ‘zero waste to landfill’ UEFA football finals by 2026, through its brands Pepsi, Lay’s, Doritos and Gatorade....
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MEDIA Central Group and ShopFully join forces to become Europe’s leading drive-to-store marketing platform for major retailers and brands
MEDIA Central Group, Europe’s largest specialist in shopper activation, has joined forces with ShopFully, the continent’s leading digital drive-to-store marketing technology platform. By combining MEDIA Central Group’s digital businesses, Offerista...
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The data can be submitted directly to the National Soil Database
Nébih’s new service has been launched, which enables laboratories performing soil tests to send data directly to the National Soil Database. The WSDL description of the updated WEB-API service is...
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Milk drinks: no need to panic!
In 2022 both the penetration and buying frequency decreased in the milk drink category. This article is available for reading in Trade magazin 2023/5 Viktória Főfainé Kiss, senior brand manager...
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In the United Kingdom Lidl expands its plant-based offering
In an attempt to meet the demands of vegan customers and focusing on the discounter chain’s long-term sustainability, Lidl is expanding its plant-based product selection. This article is available for...
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AKI: the total value of investments in the food industry increased by 9 percent last year
Based on preliminary data, the total value of investments in the food industry increased by 9 percent compared to last year in 2021 – reads the report published by the...
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K&H: thinking was completely transformed by inflation
The decisions of Hungarian customers in their 30s, 40s and 50s are now fundamentally influenced by inflation, partly they pay more attention to what they buy, partly they have reduced...
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Beyond the mandatory: even more product categories, up to 60% discount in ALDI stores
ALDI is helping Hungarian consumers in their everyday life with new, larger promotions involving more products. From the beginning of June, the company will apply the discount to a total...
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The British government is discussing the voluntary application of an upper food price limit with supermarkets
The British government is discussing the voluntary application of upper price limits for certain basic foods with supermarket chains in order to curb food price increases that have not been...
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