Market News

GVH proposes a multilevel sustainability labelling system

Green advertising messages are often unclear and confusing, and a significant proportion of consumers aren’t aware of the exact content and meaning of certain claims and labels – these are...

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The solvency of Hungarians may slowly return to pre-war levels

In the last quarter of 2023 the solvency of Hungarians continued to increase, following the annual trend – according to research by Intrum and GKI. This article is available for...

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VOSZ Barometer: purchasing power drop shocked SMEs in 2023

According to data from the fourth quarter, the VOSZ Barometer Index (a survey commissioned by the National Association of Entrepreneurs and Employers (VOSZ) and conducted and by the Equilibrium Institute)...

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Innovation and inspiration

Promising a new level of collaboration and in-store experience, the Shop! MarketPlace trade show will take place on 9-11 April. This article is available for reading in Trade magazin 2024/2-3...

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New elements and top fines in GVH’s practice

Several competition law and consumer protection topics have been discussed at the business breakfast of Schönherr Hetényi Law Firm. This article is available for reading in Trade magazin 2024/2-3 Attorneys...

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Price Monitor now reports the daily prices in 78 product categories

In mid-January, the online Price Monitor system operated by the Hungarian Competition Authority (GVH) was extended to another 16 product categories. This means that consumers can now compare the daily...

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New lifestyle brand in Rossmann stores

From February the nutritional supplements of Vanessa Axente are available in Rossmann Magyarország stores. The internationally renowned Hungarian fashion model has entered the dietary supplement market with her lifestyle brand...

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Seven out of ten Hungarians see fruit and vegetables as the key to a healthy diet

Consumers who pay special attention to following a healthy diet say they have become 5% more critical of red meat in a year, and there are almost no Hungarians who...

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The Association of European Retailers is waiting for a solution to the Red Sea crisis

The Association of European Retailers (Ecommerce), which unites the major store chains, called on the European Union to urgently solve the shipping crisis in the Red Sea, as it could...

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Plant-based milk drinks are missing from store shelves

The trend of plant-based foods that is spreading throughout Europe does not leave Hungary cold either, but surprisingly, not a single domestic manufacturer produces such products. The Agrárszektor asked Zombor...

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The sale of energy drinks to minors has been banned in Romania

In Romania, the House of Representatives voted with a large majority on Tuesday the draft law that prohibits the sale of energy drinks to minors. According to the law, it...

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Minister of National Economy Márton Nagy in the GVH podcast

What factors caused the development of record inflation in Hungary and what is the reason for the rapid reversal of monetary deterioration? For what reasons did food inflation rise and...

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Ukrainian honey can come again

On Monday evening, a new government decision was published in the Magyar Közlöny, which makes it possible to import Ukrainian honey to Hungary again. The interesting part of the decision...

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Nébih contacts the farmers involved in the eGN data reconciliation

Farming logs could be uploaded to the eGN system of the National Food Chain Safety Office (Nébih) until midnight on February 15. More than 100,000 farmers recorded more than 10 million...

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Exports of shelled nuts and nut guts also fell

According to KSH data, the walnut harvest in 2022 was 6.45 thousand tons, 8 percent more than a year earlier. According to experts, the harvest in 2023 was weaker than average....

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WWF: Changing food culture can help sustainability

Changing food culture can help sustainability, according to WWF’s latest survey in Central Europe. The change on our plate – WWF’s report on sustainable nutrition in Central Europe study draws...

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We protect the interests of farmers by all means

The government sees farmers as strategic partners and will protect their interests by all means, Minister of Agriculture István Nagy declared on Monday in Kalocsán at a forum organized as...

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A 5 percent higher sunflower seed yield is expected

The USDA expects a world sunflower seed harvest of 55.1 million tons in 2023/2024. economic year, this may exceed the volume of the previous year by 5 percent. The global output...

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Ocado launches ‘fine dining’ frozen food range for pets

Ocado is to offer a ‘fine dining’ frozen food range for pets in a bid to appeal to more “younger, urban, mindful owners”. Pet food brand Ted’s Bowl range is...

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Inland water situation in agriculture

In the country at the beginning of 2024, the amount of agricultural land covered by inland water is considerable, but not particularly high. Based on satellite radar images, at the end...

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Plant protection is the basis of food safety

The safety of the food chain must be guaranteed from its roots, i.e. plant protection. That is why the professional up-to-dateness of plant doctors is not only of scientific interest,...

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Mutti Earmarks €100m For Expansion And New Products

Italian tomato-based derivatives producer Mutti plans to invest €100 million to launch new subsidiaries and products as part of its 2024-2028 Strategic Plan. The CEO and majority shareholder, Francesco Mutti,...

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Lidl, Billa To Open New Stores in Bulgaria

Lidl Bulgaria is set to expand its retail network with the opening of eight to 10 new stores in 2024, with each outlet seeing an average investment of BGN 14...

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Snoop Dogg, Dr. Dre bring hit ‘Gin & Juice’ to the beverage space

Thirty years after the two unleashed the namesake song to the public, the rappers have partnered on a RTD cocktail offering. Thirty years after their hit collaboration “Gin & Juice”...

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The producer price of raw milk decreased by 26 percent compared to a year earlier

In December 2023, the producer price of raw milk in national currency decreased by 20 percent in the European Union, by 17 percent in New Zealand, and by 16 percent...

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These are the challenges of the FMCG market now, according to Gabriella Heiszler

Gabriella Heiszler, president and managing director of SPAR Magyarország Kereskedelmi Kft., spoke about the challenges of the FMCG market and the development of the sector in her interview with Pénzcentrum....

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The product categories of High Quality Food are being expanded

The number of product categories of the Excellent Quality Food mark may soon be expanded – the National Chamber of Agriculture (NAK) announced to MTI on Monday. According to the...

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Tomatoes have become more expensive

Based on recent data from the KSH, it was revealed that the price of tomatoes and peppers rose significantly in January 2024, and the price of red onions also rose....

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He built a new storage facility at the Mezőtúr site of Prince Job Holding Zrt

Prince Job Holding Zrt., which deals with the storage and packaging of corn and sunflower seeds, built a new warehouse, bought modern machines and installed solar panels at one of...

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Majority Of Europeans Consider Ultra-Processed Foods Unhealthy, Study Finds

The majority of European consumers (65%) believe that ultra-processed food items are unhealthy and will cause health issues later in life, according to a new study conducted by the EIT...

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