Market News
The big question of autumn: can the price competition between stores be renewed?
Since the introduction of the price watcher, a significant decrease in prices has been observed in stores. The big question for the autumn is whether the price competition can renew...
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KIM: innovation must be protected in the markets with industrial property rights
The protection of industrial rights is also important because innovations must not only be created for the sake of the competitiveness of the Hungarian economy, but they must also be...
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Rice varieties with low water requirements were produced by MATE specialists
Specialists of the Hungarian University of Agriculture and Life Sciences (MATE) have produced low-water rice varieties at the Galambos Rice Experimental Plant in Szarvas, MATE told MTI on Monday. The...
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Moroccan inflation fell to a 17-month low in July
Consumer price inflation in Morocco slowed to a 17-month low in July. Morocco’s High Commission for Planning (Haut Commissariat au Plan – HCP) announced on Tuesday that annual inflation in...
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Without water, there is no gold medal
Adequate fluid intake is essential for the optimal functioning of our body, which we must pay attention to even during hobby sports, but it can significantly affect performance in competitive...
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The quantity of pork sold on the international market decreased by 10 percent, while its value increased by 18 percent
According to an August analysis by the United States Department of Agriculture (USDA), US pork production may decrease by 1 percent in the third quarter of 2023 compared to the...
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Nébih: cat litters are safe
Cat litter was examined by the National Food Chain Safety Office (Nébih), the tested products were safe, there were no problems with the presence of mold and microorganisms, but a...
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It’s time, livers! – Another application opportunity has opened up
Another popular product has become available to applicants. This time, the Hungarians and their producers have the opportunity to win the Excellent Quality Food mark. But you should be careful, because...
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LG presents its latest built-in kitchen appliances at the IFA exhibition
At IFA 2023, LG Electronics (LG) will present its built-in kitchen products that represent a new level of culinary experience. Equipped with energy-efficient, elegant design and user-friendly functions, the product...
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The live weight producer price of broiler chicken is still higher than the 2022 data
According to AKI PÁIR data, the live weight producer price of slaughter chickens in Hungary rose by 28.7 percent to HUF 504.71/kilogram, and that of slaughter turkeys by 34.2 percent...
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HelloFresh introduces ready-to-eat service Factor to Europe
HelloFresh Group has expanded its ready-to-eat brand, Factor, to the Netherlands and the Flanders region in Belgium. Other countries on the continent will follow suit. “Bringing Factor to Europe is...
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Unilever’s Dove Launches Limited-Edition Smoothie Range
Unilever’s personal care brand Dove has unveiled a series of limited-edition smoothies, in partnership with US firm Juice Press, which are ‘inspired by the indulgent ingredients and creamy, nourishing feel...
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Severe frost damage decimated this year’s peach crop
The spring frosts caused significant damage to the peach plantations in Hungary, so a much weaker than average harvest is expected this year, according to the joint overview of the...
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Retailers face £1.8bn in yearly costs for bottle recycling scheme
The government’s net zero bottle recycling scheme could cost retailers at least £1.8bn a year, according to calculations by the British Retail Consortium. The industry analysis suggests that the Deposit...
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Summer inspection: there were no problems with organic producers, but the authority “caught” illegal drone plant protection service providers
During the renewed and expanded summer seasonal inspection in 2023, the drone plant protection officers and organic farmers were also closely checked by the plant protection inspectors. The tests ended...
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MNB: the balance of payments surplus continued to grow
The current account surplus increased by EUR 152 million from EUR 396 million in May to EUR 547 million in June, according to the latest preliminary data of the Magyar...
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In Germany, producer prices fell in July on an annual and monthly basis
Producer prices in Germany fell more than analysts’ expectations in July both year-on-year and month-on-month, the German Federal Statistical Office, Destatis, announced on Monday. German producer prices fell by 6...
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This is how Hungary can win in the competition for foreign workers
Legally employed Asian workers are currently arriving in Hungary en masse, and the rate of growth may become even faster in the coming years. However, the recruitment and retention of...
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Cofidis Hungary is moving to H2Offices
One of the leading players in the Hungarian consumer credit market, Cofidis Hungary, has chosen the first building of the H2Offices office complex as its new headquarters. The company occupies...
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Recent research: they can have this much income Hungarian PR professionals in 2023
A survey was conducted among Hungarians engaged in PR activities, which revealed the average monthly net income of the respondents, as well as the amount they would be satisfied with....
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Dairy giant FrieslandCampina makes UK alt meat debut with Tender’lish
European dairy giant FrieslandCampina has launched into the UK alt meat market for the first time with a new vegetarian chicken alternative range. The Tender’lish brand will arrive in UK grocery...
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EU ice cream production grew by 5% in 2022
In 2022, the EU produced 3.2 billion litres of ice cream, marking a 5% increase from the previous year. Among the EU countries, Germany was the main producer of ice...
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The selling price of milk and milk products has decreased
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was HUF 153.17/kilogram in July 2023. In addition to the deterioration of the protein content...
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Asda Trials Food-To-Go Counters In Two Stores
UK retailer Asda is testing a food-to-go concept at its Leicester and Dagenham outlets with a concession at the front of stores offering barista style coffees, fresh sandwiches and cakes....
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Rice varieties with low water requirements were produced by MATE specialists
Specialists of the Hungarian University of Agriculture and Life Sciences (MATE) have produced low-water rice varieties at the Galambos Rice Experimental Plant in Szarvas, MATE told MTI on Monday. The...
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Euro zone inflation slowed down in July
In July, inflation slowed down in the euro zone, according to the final data of Eurostat, the statistical office of the European Union, presented on Friday. In an annual comparison,...
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GFM: the price of food included in the price monitor has decreased by an average of 7 percent since its launch
The price of food products included in the price monitor has decreased by an average of 7 percent since its launch, the Ministry of Economic Development (GFM) announced on Friday....
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The net financial assets of households increased to HUF 73,974 billion
2023 II. by the end of the quarter, the total financial assets of households increased to HUF 88,437 billion, which is an increase of HUF 2,089 billion compared to the...
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Some of the working young people and students are planning to work abroad
Although many young people are satisfied with their work, a third of them still struggle to take a job abroad for a while. The proportion of students who plan to...
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The competition authority imposed a fine of more than one hundred million for deceptive telemarketing
The Economic Competition Authority (GVH) imposed a fine of almost 117 million on a Czech company for deceptively selling dietary supplements to Hungarian consumers over the phone, omitting even the...
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