Market News
Investment is the right answer to challenges
Investment is the only right answer to challenges and crises in agriculture, István Nagy said on Tuesday in Budapest, on the occasion of the handover of the supporting documents for...
Read more
Lipton enters kombucha market with flavoured trio
Iced tea brand Lipton has added a three-strong range of flavoured kombuchas. Cans in Strawberry Mint, Raspberry and Mango Passionfruit have rolled out in Morrisons, Sainsbury’s, WHSmith and on Amazon...
Read more
Consumer confidence in branded products is growing again in Germany
The popularity of private label products has somewhat waned and fewer consumers consider them an equivalent alternative to branded products, Lebensmittelpraxis reports citing the latest research by consultancy firm Smartcon...
Read more
Wheat prices have risen significantly
In its February forecast, the International Grains Council indicated a global wheat harvest of 797 million tons for the 2024/2025 marketing year, 2 million tons more than the previous season....
Read more
Mercadona Becomes Fourth Largest Retailer In Portugal
Mercadona reported the highest market share growth in 2024 in the Portuguese grocery market to become the fourth-largest retailer. According to Kantar data published by daily Expansion, the Spanish chain...
Read more
Bird flu has reappeared in Csongrád-Csanád County
The laboratory of the National Food Chain Safety Office (Nébih) has detected the presence of the bird flu virus in Csongrád-Csanád County. The liquidation of the affected herd has begun...
Read more
KSH: in February consumer prices exceeded those of a year earlier by an average of 5.6 percent
In February 2025, consumer prices were 5.6 percent higher than a year earlier. Consumer prices rose by 0.8 percent on average in one month, with food prices rising by 1.2...
Read more
Viktor Orbán is also upset about the price increases
Enough is enough, we will put an end to unjustified price increases – the prime minister announced on his social media page on Tuesday. In a video shared on his...
Read more
Price Cap on 30 Essential Food Products: Government’s Strategy to Curb Inflation
The Hungarian government has announced another price control measure in the food sector. On Tuesday, Prime Minister Viktor Orbán revealed that, starting in mid-March, a price cap will be imposed...
Read more
The OKSZ Takes a Stand on the Margin Cap Regulation
Regarding the government’s proposed price regulation measure, the National Trade Association (OKSZ) believes that competition-based pricing is the most effective way to preserve and strengthen consumers’ purchasing power while achieving...
Read more
NGM: we are fighting against unjustified price increases
The government is constantly working to make families’ money worth more and to be able to manage more. The government is therefore monitoring the development of prices, especially food prices,...
Read more
Another unpleasant inflation surprise
Despite the expected slight slowdown, inflation continued to rise in February, according to data published this morning by the Hungarian Central Statistical Office (KSH). Consumer prices rose by 0.8 percent...
Read more
Brand fraud by country – this is what the law says about dual food quality
The issue of dual food quality has received increasing attention in recent years in the European Union and Hungary. With the change in legal regulations and the strengthening of consumer...
Read more
Helia-D development team participates in prestigious international research project
Hungary’s iconic cosmetics brand, Helia-D, has been invited to participate in a prestigious, multi-year international research project that is pioneering sustainable industrial innovation. As the sole representative of the Hungarian...
Read more
The renaissance of the beetroot: a superfood in the kitchen and garden
Beetroot has been growing in popularity in recent years, thanks to its versatility and outstanding health benefits. This easy-to-grow root vegetable is grown in an increasing area in our country...
Read more
Consumers mainly use generative AI to search for products
Generative AI is more and more popular among shoppers who would like to see a stronger presence for the technology in their shopping experience. This article is available for reading...
Read more
Consumers want AI labelling on food packaging
According to a recent survey, commissioned by Ingredient Communications and conducted by SurveyGoo in the UK and US in October 2024, 83% of consumers are of the opinion that labels...
Read more
Solar panels installed in greenhouses can make crop production more efficient
A solar panel product line is being jointly developed by Terrán Roof Tile Manufacturer Ltd., Solar Napelem Ltd. and the University of Pécs (PTE) as part of a project that...
Read more
Inflation in the Czech Republic decreased in February
Annual inflation in the Czech Republic fell to 2.7 percent in February from 2.8 percent in January, the Czech Statistical Office announced on Tuesday in Prague. The decrease was primarily...
Read more
LG’s new air conditioner uses artificial intelligence to analyze user habits
LG has introduced its new ARTCOOL™ AI Air cooling and heating air conditioner. The elegantly designed residential air conditioner uses artificial intelligence to analyze user habits to provide personalized operation...
Read more
Self-heating plant-based food box wins innovation award
Students from the Royal Melbourne Institute of Technology in Australia and Wageningen University in the Netherlands have won the top prize in the 2024 ProVeg Food Innovation Challenge, with a...
Read more
(HU) Újratölthető pohárvisszaváltó automatákat telepítettek a berlini Rewe üzletekbe
Deutsche Umwelthilfe (DUH) and partners have launched a new pilot programme in Berlin to enable the automatic return of refillable cups. In the first phase, reverse vending machines have been...
Read more
(HU) Európából látja el Kanadát a Lindt, hogy elkerülje a vámokat
Swiss chocolate maker Lindt & Sprüngli will supply chocolate to Canada made in Europe to avoid Canadian tariffs imposed to counter the higher US customs duties imposed by President Donald...
Read more
Snoop Dogg Bets Big on Functional Beverages with Iconic Tonics
Entertainment icon and entrepreneur Snoop Dogg today announced a strategic investment and partnership with Harmony Craft Beverages. Together, they are launching Iconic Tonics, a new leader in premium functional beverage...
Read more
Fruit juice market under pressure
Life in the fruit juice category is made more difficult by the surge in raw material and packaging material prices, as well as rising labour and logistics costs. This article...
Read more
FAO food price index rose in February
The global food commodity index rose in February, driven by higher prices for sugar, dairy products and vegetable oils, the Food and Agriculture Organization of the United Nations (FAO) said....
Read more
Thanks to developments, the competitiveness of field vegetable production has increased
The pace of development of domestic vegetable growing has not slowed down in recent years, thanks to support schemes and favorable credit opportunities, modern developments have been implemented in the...
Read more
Strong brands bathed in milk
Consumers are used to strong brands in the dairy snack category, and they expect and value the quality guarantees that brands offer. This makes the category more resistant to external...
Read more
NAK working group would launch a survey on the market of exempt products
The National Chamber of Agriculture is launching a complex survey on the market of exempt products. The Market Research subgroup established within the NAK Exempt working group aims to map...
Read more
GKI analysis: Hungarians will receive more than a trillion forints
In recent months, the Premium Hungarian Government Bond (PMÁP) has become one of the most dominant investment instruments in the retail savings market. In a high-inflation environment, investor confidence remains...
Read more