Market News
The introduction of the euro did not have a significant impact on food prices
The first rapid report on inflation in January shows that the introduction of the euro did not have a significant impact on overall inflation in Croatia, the Croatian National Bank...
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Hungarians can put less aside, many save in the “recession fund”.
Compared to the previous year and the European average, the saving habits of Hungarians have not changed significantly, although they are less and less able to put aside money due...
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BMI: Moderate expansion in January
The seasonally adjusted January value of the Purchasing Manager Index (BMI): 55.0. Compared with the previous January values, this year’s value is higher than the long-term average for this month...
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Could crickets be a secret ingredient?
In recent days, Nébih has received many requests: is it true that producers will soon be able to add “crickets and beetles” to food without any labeling? The news in...
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Unilever Names Dutch Dairy Boss Schumacher As New CEO
Consumer goods giant Unilever has appointed Hein Schumacher to replace Alan Jope as chief executive from July 1 in a move that was welcomed by board member and activist shareholder...
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Assessing the true value of companies’ green efforts is difficult
It is becoming more and more important for market players to achieve net zero emissions by 2050, as set out in the Paris Climate Agreement. Accordingly, companies communicate more and...
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SPAR Better Choices Campaign Launched By Irish Olympians
SPAR Ambassador Kellie Harrington and fellow Olympian Gary O’Donovan have joined forces to launch the new SPAR Better Choices campaign for 2023. According to the convenience retailer, the aim of...
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Poll reveals that one-eighth of Americans over 50 show signs of junk food addiction
A sizable percentage of older US consumers have an unhealthy relationship with highly processed foods, according to a new poll. The findings revealed that much higher rates of possible addiction...
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In Hungary, products containing insect proteins receive a unique label
In order to provide customers with accurate information, the Ministry of Agriculture is amending the food labeling regulation so that products containing insect proteins can be clearly distinguished and separated...
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Actors in the food economy are more optimistic than before
As expected, the value of the Takarék AgrárTrend Index continued to decrease, but only slightly, in the last quarter of 2022. At the end of the year, the profitability of...
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These are the trends that can be the key to the success of small businesses in 2023 in Hungary as well
Whether it’s managing our finances or paying a bill, we’re used to speed, efficiency, convenience and security. The same cannot always be said of the day-to-day life of small businesses,...
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In the fourth quarter, the GDP of the Eurozone rose against expectations
In the fourth quarter of 2022, seasonally adjusted GDP increased by 0.1% in the euro area and remained stable in the EU, compared with the previous quarter, according to a...
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GVH: illegal, hidden influence in online trade is spreading
Unlawful, hidden influence in online trade is spreading, based on a rapid investigation by the European consumer protection authorities, more than a third of traders manipulate consumers in the online...
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It fell in December, and retail sales in Germany decreased throughout the year
Due to significantly increased prices, retail sales in Germany began to decline in the second half of the year and already fell in December. The turnover of food fell to...
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Efficiency increasing to the extreme
Today’s challenges, such as growing motor fuel and energy prices, inflation, supply problems and the drop in consumption make many actors in retail and wholesale trade review their operations. Let’s...
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Fulfilment centre opens for online stores
Hungary’s first cutting-edge technology fulfilment centre is now up and running, located in Üllő. As a new player in Hungarian e-commerce, Boxy Zrt. has opened a completely new market in...
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Algae have the potential to feed 10 billion people
The cultivation of nutritious, protein-rich microalgae in land- and seawater-fed aquaculture systems can feed 10 billion people by 2050, according to new research published in the scientific journal Oceanography. Growing...
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Europeans now also allowed to eat cricket powder and small mealworms
The European Commission declares new insect products safe for consumption. So from Tuesday, powdered house crickets and the small mealworm will also be allowed in food. Back in February last...
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Navigation and shopping
Research results by Retail Dive for Waze from early this year reveal: in the first quarter of 2022 there were 4.7% more navigations to retail outlets. The study also found...
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Hungary urges the tightening of honey labeling rules in Brussels
Together with Hungary, a total of twenty member states asked the European Commission to tighten the regulations on the origin marking of honey mixtures. It is in vain that we...
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Nestlé Unveils $100m Colombia Investment To Grow Capacity
Global food giant Nestlé is set to invest $100 million (€92.03 million) over the next three years in its Colombian operations, president Gustavo Petro said on Friday, part of his push to...
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Lidl to invest £4bn into British food industry in 2023
Lidl GB has unveiled plans to invest £4 billion in British food businesses in 2023, as the value supermarket cements its support for suppliers across the country. This accelerates initial...
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Another difficult year is expected in German retail
After last year’s decline, retail sales in Germany may further decrease in real terms this year, according to the forecast published on Tuesday by the industry’s leading advocacy group. According...
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The ice damage mitigation system is an indispensable element of the farm
In the European Union, Hungary is the only country with a highly developed agricultural risk management system based on several pillars, even in a continental comparison, which can provide assistance...
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Due to the food price cap, it is not possible to get a freezer
It seems that people are trying to buy up the price-stopped meat in droves, which is why freezer boxes have disappeared from the shelves of technical stores. A complete product...
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More than 10 tons of collected plastic bottles
For the sixth time, Henkel and Rossman have organized their sustainability promotion “Game for a greener future”, with which they support nurseries, kindergartens and schools. Thanks to the activity, Henkel...
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GKI’s economic sentiment index may be past its lowest point
In January, GKI’s economic sentiment index rose marginally, but for the third month in a row. According to the empirical survey conducted by GKI Economic Research Co. with the support...
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László Újszászi Bogár: Is one “why” enough to convince?
One of the most effective ways of persuasion is to get the person you want to convince to convince himself. At first, this sounds like an extremely difficult task, but...
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SPAR Norway Launches Anti-Food Waste Weekly Menu
SPAR Norway has started a collaboration with a popular food blogger to create a weekly menu free from food waste. The SPAR country organisation asked Marit Røttingsnes Westlie, better known...
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Barcelona bans grocery delivery companies’ ‘dark stores’
Barcelona’s city hall on Friday approved a total ban on so-called “dark stores” – distribution hubs used by companies that provide grocery home deliveries – joining other European cities such...
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