Market News
…and it is ready!
It isn’t easy to define convenience products, which constitute up to half of the food selection available in the shops of grocery retailers. If they can afford it, shoppers like...
Read more
We expect excellent Hungarian melons this year
The sale of Hungarian melons has started, domestic producers are expected to harvest 125-130 thousand tons of watermelons and, according to estimates, 10-12 thousand tons of cantaloupe from the fields...
Read more
The inspection of the beach buffets ended with positive experiences
The beach buffet inspections carried out during this year’s extended summer seasonal food chain inspection concluded with positive results, the Ministry of Agriculture (AM) stated in its announcement on Tuesday....
Read more
Poultry price increase was twice as big as the pig price rise
According to data from the Central Statistical Office (KSH), Hungary’s poultry meat export increased by 3.1% in volume to more than 31 thousand tonnes, and in value it grew by...
Read more
97 percent of society has hit a savings glass ceiling due to inflation
Fewer than 300,000 households in Hungary have more than HUF 3-5 million in savings, but it is increasingly difficult to get into this group. For 97% of the society, the...
Read more
Alpár Gyopáros: the success of the Hungarian Village Program can be measured by the population of the small settlements
A Magyar Falu Program elsődleges célja a kistelepülések népességfogyásnak megállítása, melynek eredménye mára a demográfiai adatokból is lemérhető – jelentette ki a Miniszterelnökség modern települések fejlesztéséért felelős kormánybiztosa a program...
Read more
The use of the Electronic Business Diary has been expanded with new functions
In order to simplify the administrative obligations of farmers, the electronic Farming Diary (eGN) was launched at the beginning of 2023. The National Food Chain Safety Office (Nébih) integrates the data...
Read more
After the plunge in April, the GKI economic sentiment index climbed a little in May
Although the GKI economic sentiment index rose in May compared to April, it couldn’t reach the level of March. Business expectations remained worse than in March, despite an improvement in...
Read more
This summer as well, Nébih is restricting the start of long-distance live animal shipments
In accordance with the practice of recent years, the National Food Chain Safety Office (Nébih) will also limit the start of long-distance live animal shipments in non-air-conditioned vehicles in the...
Read more
BAT and Amazon under investigation in Italy about tobacco heater ad
British American Tobacco and Amazon are under investigation in Italy, because regulators claim one of their ads for the Glo Hyper X2 tobacco heater is potentially misleading. The regulator opines that the...
Read more
Fütyülős evokes tropical flavors with this year’s innovation
Fütyülős spices up the season with exotic innovation: with Tropical Fruits, the consumer is transported to palm-fringed beaches. The new flavor, as well as the Watermelon and Peach Honey products,...
Read more
Overall, the inspection of the beach buffets ended with positive experiences
The beach buffet inspections carried out during this year’s extended summer seasonal food chain inspection ended with positive results. In the first two weeks of the nearly two-month-long series of inspections,...
Read more
Co-op Launches Campaign On Social Mobility To Break ‘Class Ceiling’
UK retail and services business The Co-operative has announced it is taking action to break what it describes as the ‘Class Ceiling’, as new research has found that a significant...
Read more
Ferrero on track with sustainability initiatives
The Ferrero Group is on track to meet key sustainability goals, according to the company’s 14th annual sustainability report. The 94-page report underlines sustainability progress made during the 2021-22 financial...
Read more
The Black Sea grain agreement must be extended
The Black Sea grain agreement, which expires on July 18, must be extended and expanded, so that Ukrainian agricultural products can once again reach the southern European member states, Africa...
Read more
We expect excellent Hungarian melons this year
The sale of Hungarian melons has started, domestic producers are expected to harvest 125-130 thousand tons of watermelons and 10-12 thousand tons of cantaloupe from the fields during the summer...
Read more
Indulgence isn’t enough
Occasional indulgence – this is the main motivation of milk dessert buyers. Unfortunately, there were fewer of these occasions last year, because of the price increase. Richárd Révész, Danone Magyarország...
Read more
György Raskó: There could be a big rise in prices after the introduction of the food price cap
After the removal of price caps, the prices of cooking oil, pork, and chicken breast could increase by up to a third, warns agricultural economist György Raskó. The procurement prices...
Read more
Lots of imported potatoes arrive in Hungary
Fruit and vegetable growers are going through a difficult time and this is affecting production as well. In particular, potato production is in a catastrophic situation, as the export volume...
Read more
Brazil’s JBS Starts Building Lab-Grown Beef Factory In Spain
Brazilian meatpacker JBS said that its subsidiary BioTech Foods has started construction in Spain on its first commercial-scale plant to produce lab-grown meat, which is set to be completed by...
Read more
Food industry companies and the automotive industry provide the basis for market growth in the CEE-12 region
In the CEE-12 region, the total stock of industrial and logistics real estate exceeded 65 million square meters by the end of 2022, which is 30 percent higher than the...
Read more
Stricter EU regulation is needed because of imitation meat and dairy products of plant origin
Plant-based products imitating animal-derived foods must be significantly different in name from those of animal origin. In their description and advertisements, they cannot refer to the untruth that their nutritional...
Read more
István Nagy: food self-sufficiency is a strategic issue
In the shadow of the war, food self-sufficiency is a strategic issue – the Minister of Agriculture stated at the round table discussion of the 32nd Bálványos Summer Free University...
Read more
The decline in retail trade in the Czech Republic continued in May
The decline in retail sales in the Czech Republic continued in May. However, the annual drop of 6.1 percent in May is a slightly better result than the 8.4 percent...
Read more
Precision breeding can help mitigate the harmful effects of climate change
One of the possibilities to mitigate the challenges facing agriculture is precision breeding, which is an innovative process in which researchers only use useful properties that occur in nature, thereby...
Read more
Whole Foods restructuring cuts hundreds of jobs
Whole Foods Market is reducing its operating regions from 9 to 6, and the retailer is streamlining the organisation of parts of its global and regional support teams. According to...
Read more
Seasonal food chain checks around Lake Balaton have started
Every year, Nébih coordinates three seasonal food chain inspections, stated Balatonlellén, the State Secretary of the Ministry of Agriculture responsible for the food industry and trade policy. Dr. Márton Nobilis...
Read more
The EU has signed a free trade agreement with New Zealand
The European Union and New Zealand signed a free trade agreement, as a result of which bilateral trade is expected to increase by up to 30 percent within a decade,...
Read more
Two-thirds of employees fear for their jobs from artificial intelligence
Artificial intelligence has irreversibly broken into the world of work, and companies are already automating 34% of processes, and according to estimates, an even bigger jump will come in the...
Read more
Nébih’s no food leftovers program has received several international awards
The food waste prevention program of the National Food Chain Safety Office (Nébih) has achieved outstanding success in several forums. In addition to being selected as one of the top...
Read more