Market News
They are looking for energy-saving heating solutions
30% of Hungarians lower the temperature in their houses, and 11% even turn off the heating due to energy prices – it was revealed from the representative research of Resideo....
Read more
Amazon closes eight Go stores to cut costs
Amazon will close eight of its Go stores in the USA, as it continues to leave physical retail to cut costs. They will shut two Go Stores in New York...
Read more
KSH: the growth rate of agricultural purchase prices slowed to 27 percent by February
In February, agricultural purchase prices were 27.0 percent higher than a year earlier, the rate of price increase was 4.6 percentage points slower than in January and slowed down by...
Read more
Lufthansa to sell rest of LSG Group to private equity firm Aurelius
Deutsche Lufthansa said that it would sell the remaining part of airline caterer LSG Group to private equity firm Aurelius, three years after it first put the business up for...
Read more
Cadbury, Birds Eye and Walkers: the best food brands in the United Kingdom
According to a new research, Cadbury, Birds Eye and Walkers are the top food brands in the United Kingdom. In YouGov’s 2023 FMCG ranking, the “Food” category saw Cadbury taking...
Read more
BDO: Two sides of the coin, economic factors, about the draft of the European Union that tightens the obligations of manufacturers, – warranty and service, or life beyond the slowing down of the society in Fogagásto
What does it mean for consumer society and for the corporate sector that the European Union plans to tighten further in order to make the operation of several manufacturing segments...
Read more
Spain’s Leading Food Retailer To Cut Prices Of 500 Basic Products
Spain’s leading supermarket chain, Mercadona, will lower the prices of at least 500 basic food products amid a cost of living crisis that had prompted the government to seek concessions...
Read more
Bel Partners With Climax Foods On Plant-Based Cheese Development
French cheese maker Bel Group has announced a partnership with biotech start-up Climax Foods Inc. to develop plant-based cheese for its Laughing Cow, Kiri, Boursin, Babybel and Nurishh brands. It...
Read more
Slovakia temporarily stops imports of Ukrainian grain
Slovakia will temporarily stop the import of grain and some other products from Ukraine, the press department of the Slovak government office told the Bratislava office of MTI on Monday....
Read more
In the past two years, the price of most basic food items has at least doubled in Hungary
The inflation rate in Hungary remained higher than expected in March, according to data from the Central Statistical Office (KSH). Despite the decline in the prices of some basic foods,...
Read more
Minister of Justice Judit Varga and Balázs Csaba Rigó, president of the GVH, discussed coordinated measures against inflation
The Ministry of Justice will also join the working group coordinating the implementation of the online price monitoring database – this was agreed upon by Minister Judit Varga and Balázs...
Read more
Magyar Bankholding: Several foods became cheaper compared to February
In March, there were several product categories whose prices fell compared to the previous month, including dairy products and butter, which became cheaper by 3-3.7 percent, analysts of MKB Bank...
Read more
A big change is happening in e-commerce
The introduction of time window delivery is an important advancement in the field of e-commerce, as it allows customers to plan delivery more flexibly and predictably. Time-slot delivery can reduce...
Read more
These issues are investigated by the consumer protection authority in the shops
In order to enforce price control regulations, the government’s consumer protection authority has been very active this year, inspecting stores nearly 2,400 times and imposing fines of several hundred million...
Read more
Kollégramm helps you understand your workmates!
The Hungarian-owned Lounge Group is conducting a comprehensive survey to evaluate job satisfaction and the overall work environment in Hungary. The survey aims to explore employee motivation, responsibility, adherence to...
Read more
National Attitude Formation Conference + “5 countries 1 river” – environmental education without borders
The event covers the fields of greenwashing, sustainability and education and environmental education. The Association of Environmental Service Providers and Manufacturers – in connection with the Sustainability Theme Week –...
Read more
Vegetables for breakfast too! – Spring breakfast tips from the European Fresh Team
We often hear that breakfast is the most important meal, as it starts the day and affects our performance and our well-being throughout the day. In the spring, we can...
Read more
Happy baby, relaxed mom
In 2022 diaper value sales grew, while volume sales stayed put – reported NielsenIQ. Izabella Kowalska, Essity Hungary Kft.’s category manager: “Our products produced moderate growth, because of the difficult...
Read more
Orbán Viktor: “Although there have been price reductions in stores, it has only happened for a few products”
Prime Minister Viktor Orbán spoke on the morning program of Kossuth Radio, saying that it is not yet time to lift the price freeze. “What has happened so far is...
Read more
The price of food and non-alcoholic beverages rose at a slightly decreasing rate in Spain
The slowdown in consumer price increases is primarily attributable to the base effect, energy prices fell in March this year, compared to the sharp rise seen in March of the...
Read more
Instead of keto, vegan is now America’s favourite diet
A new study claims that for the first time in five years, plant-based diet is now more popular than keto in the USA. Keto – a diet low in carbohydrates...
Read more
Hungary bans the import of agricultural products from Ukraine
The government is committed to representing the interests of the Hungarian farming community, which is why, in the absence of meaningful EU measures, it will temporarily ban the importation of...
Read more
GFM: the sums on the SZÉP card can be used in full until May 31
In order to support the tourism and catering sector and preserve the significant number of jobs they maintain, the government previously decided that the amounts credited on the SZÉP card...
Read more
Tesco sells laundry detergent pods in recyclable cardboard packaging
Tesco is replacing its plastic laundry pod tubs with recyclable cardboard packs in an effort to cut down on plastic waste. The FSC certified box has more than 90% recycled...
Read more
Albert Heijn won’t fly in fruit and vegetables anymore
In line with its pledge made last year, Albert Heijn won’t fly in fresh fruit and vegetables from June 2023 – these will only be transported by sea containers or...
Read more
The Ministry of Agriculture supports organic farming
The Ministry of Agriculture treats the preservation of biological diversity and, in this connection, the support of organic farming as a matter of utmost importance. Our future depends on whether...
Read more
SPAR: nearly 60 tonnes less plastic film used per year
SPAR will save minimum 59 tonnes of plastic film every year, by covering some of the goods they deliver to stores with multiuse roll tarp. At the end of December...
Read more
In Germany, the increase in wholesale prices slowed significantly in March
In Germany, the increase in wholesale prices slowed sharply in March, the German statistical office, Destatis, announced on Friday. In March, wholesale prices increased by 2 percent compared to March...
Read more
7-Eleven To Explore The German Market
Convenience chain 7-Eleven is reportedly planning to enter the German market, according to media reports. Master franchisor of the 7-Eleven brand worldwide, 7-Eleven International LLC, which itself is owned by...
Read more
The agriculture ministers of Central European countries are once again taking joint action against Ukrainian imports
The agriculture ministers of the Central European member states suffering from Ukrainian imports discussed the need to limit the duty-free status of Ukrainian agricultural products. There is complete agreement that...
Read more