Market News

From Wednesday, heated bars without tobacco will cost HUF 700 more

In the case of heating rods that do not contain tobacco, an excise tax of HUF 35 per fiber must be paid, which, calculated with a box of twenty fibers,...

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Coca-Cola extends its Simply juice brand into mixers

Coca-Cola’s Simply brand is moving into cocktail mixers and mocktails with an offering called Simply Mixology that can be blended with or without alcohol, the company said in a blog...

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György Raskó: galloping food inflation will stop within weeks

According to agricultural economist György Raskó, galloping food inflation will stop, it’s only a matter of weeks. And the reason for this is precisely the high cost and the resulting...

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Can the strengthening of the forint be good for food prices?

The forint is strengthening, it has not been in this form compared to the euro since May 2022. But will this affect food prices? Especially when the price caps will...

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The same product is up to 63 percent cheaper in the Romanian store than here

Milk is cheaper here than in Romania, but there are quite a few products that are available at a much more favorable price in the Romanian Lidl than in the...

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15 liver creams were tested by the editors of Index

Fifteen flavored liver creams were tested by the Index editors, but experts also have their say in their extensive liver cream overview. “When shopping, almost every Hungarian has some kind...

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Péter Szijjártó: Hungary received a meat export license to the Philippines

As a result of many years of persistent work, Hungarian companies have received a meat export license for the first time to the market of the Philippines – the Minister...

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NAV may check these stores within a couple of days

According to ADÓtraffipax’s forecast, tax authority inspectors can be expected in several counties and at several points in the capital. However, it is important to note that NAV can appear...

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Increasing competitiveness and promoting generational change are also important goals

The government’s goal is to support the competitiveness of producers in accordance with the conditions of the expected EU greening agricultural policy – said Zsolt Feldman, the State Secretary responsible...

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PM: next year, the Hungarian economy may grow above 4 percent again

Thanks to the stability-strengthening measures, the Hungarian economy can avoid recession this year and grow above 4 percent again next year, said Finance Minister Mihály Varga at the event of...

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AM: the call for tenders supporting joining the quality system has been published

Between March 1 and August 31, agricultural producers can once again apply for support in connection with joining the European Union and national quality systems – the Ministry of Agriculture...

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Hungarian-Kazakh agricultural cooperation is successful

A priority goal for our country is the opening to the East, including the establishment of a partnership with Kazakhstan, for which the close political, cultural and strengthening economic relations...

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AM State Secretary: competitiveness and greening are the goals of the government’s agricultural policy

The government’s goal is to support the competitiveness of producers in accordance with the conditions of the expected EU greening agricultural policy – said Zsolt Feldman, the State Secretary responsible...

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Unique oil collection system at INTERSPAR Hypermarkets in Austria

In 40 INTERSPAR Hypermarkets throughout Austria, collection machines for easy and responsible disposal of used cooking oil are now accessible to customers. SPAR Austria has partnered with E&P UCO-Recycling, helping...

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Danone Reviewing Strategic Options For Organic Dairy Activity In US

French food group Danone has announced that it plans to explore strategic options, including a potential sale, for its organic dairy activity in the United States, comprised of the Horizon...

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E-commerce in Germany also hit by a slump in consumer spending

The slowdown in consumer spending has also affected online retail in Germany. Last year, e-commerce sales fell by around 5 per cent to €101.7 billion, according to industry association bevh....

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Information about the application for drone application of plant protection agents and preparations with a plant protection effect

In the past period, Nébih employees have received many questions regarding who, where and how can apply for authorization of plant protection agents and products with plant protection effects for...

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This year, it is not customary to farm and apply for support

At the GOSZ Szántóföld Professional Day organized as part of the 41st AGROMashEXPO and Agrárgép Show exhibition, the Deputy Secretary of State responsible for agriculture Anikó Juhász called it the...

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MNB vice-president: the first step on the road to the green transition is to reduce inflation

The first step on the road to sustainable growth and the green transition is to break down and quickly reduce inflation, because a high inflation environment “regardless of its color”...

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György Raskó: trappist will be HUF 1,000 cheaper if the price cap on milk is lifted

If the price cap on milk is introduced, a range of dairy products, including Trappist, would immediately be much cheaper. “If the price cap were to be abolished, prices would...

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Balázs Csaba Rigó: it seems that customers do not allow profiteering on groceries

Balázs Csaba Rigó, the president of the GVH, spoke on ATV’s Egyenes Beszéd program about the competition office’s investigations into whether the drastic price increases were justified. “The price increases...

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Márton Nagy: inflation may be in the single digits by the end of the year, the economy may pick up again next year

Hungary can avoid recession this year with a GDP expansion of 1.5 percent, and inflation may again be in single digits by the end of the year; In 2024, the...

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Company leaders are preparing for a slowdown in the global economy

CEOs around the world expect an economic downturn, according to EY’s international survey of 1,200 CEOs. The decision-makers want to get out of the crisis strengthened by company acquisitions. The...

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A severe bread shortage is expected in Slovakia

Rising energy prices present unprecedented challenges to Slovak municipalities. On the evening of January 30, public lights will be switched off in Slovakia to protest that the government has not...

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The European Waste Reduction Week awards were presented

The State Secretary responsible for the environment and circular economy of the Ministry of Energy (ME) called the transition to a circular economy one of the biggest challenges on Thursday...

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In Bucharest, the consumer basket containing basic food items has risen in price by 40 percent in just over a year

In Bucharest, the consumer basket containing basic foodstuffs rose in price by 40 percent in one year and three months, while the national average net wage rose by 17 percent,...

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There are also problems with the Chinese economy

In the world’s most populous country, the number of deaths exceeded the number of births for the first time in six decades, meaning that its population is shrinking. All of...

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The deadline for payment of the food chain supervision fee is approaching

January 31, 2023 is the payment deadline for the second installment of the supervision fee related to the 2022 return. The fee can even be settled online. Nébih would like...

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Important deadline: 2022 BIONYOM data service on the Nébih interface!

The National Food Chain Safety Office (Nébih) calls the attention of biomass dealers, biomass processors and fuel distributors that they must prepare and submit electronically the BIONYOM data service for...

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Greenwashing On Food, Drink, Toiletry Labels To Be Scrutinised In UK

Britain’s competition regulator will consider whether companies selling food, drink and toiletries are wrongly labelling products as “sustainable” or “better for the environment” in its latest probe into greenwashing. The...

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