Market News
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...
Read more
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,...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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 –...
Read more
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...
Read more
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...
Read more
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,...
Read more
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...
Read more
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...
Read more
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....
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
Government spokesperson: the mandatory promotions in stores will start on June 1
On June 1, the mandatory promotions in stores will start, which means that people will be able to buy food much cheaper in twenty product categories, said the government spokesman...
Read more
A new service search portal covering all sectors is launched in Hungary
With the renewal of Brillit.com, a new service search portal covering all areas is launched in Hungary, a kind of interactive entrepreneurial marketplace. The unique and free business development platform,...
Read more
The proportion of companies planning to raise prices in Germany further decreased
In May, fewer German companies planned price increases in the next three months than a month earlier, according to the data of the survey published on Friday by the German...
Read more
Meteorological Service: In Europe, with the exception of the Iberian Peninsula, the crop outlook is favorable
The crop prospects in Europe are favorable, with the exception of the Iberian Peninsula, where the drought has intensified, so the Spanish and Portuguese crop forecasts for summer crops have...
Read more
Géza Takács became the president of the Seed Association for another 5 years
Géza Takács remained the president of the Inter-Trade Organization and Product Council of the Seed Association. The agricultural expert, who was appointed to the board’s leading position in 2007, will...
Read more
The Seed Association elected a president
Géza Takács has been elected president of the Vetőmag Szévezés Szákmaközi Szervezetz és Terektánács for another 5 years, the organization informed MTI on Friday. The re-elected president has been leading...
Read more