Market News
Tesco rebrands ‘reduced to clear’ aisle
Big 4 grocer Tesco is rebranding its “reduced to clear” section allowing better visibility for customers looking to save money on items As rising food bills push inflation to the...
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Nestlé Inaugurates New Research And Development Centre In Chile
Food giant Nestlé has inaugurated a new research and development centre in Santiago, Chile, as it seeks to focus on consumers in Latin America. The company hopes to develop nutritious,...
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Ipsos: Completely new opportunities have appeared in the field of product testing
The Ipsos article shows how combining behavioral science with product testing can lead to a better understanding and use of test results, and how this can lead to new, innovative...
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Hungary is in the lead: this is how food prices in Central Europe have risen
Eurostat’s fresh statistics, specifically just for food inflation, have come out, the first places of which have not changed significantly for months. This was also the case in October, the...
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Street food stands its ground in spite of the energy crisis
The increased labor and raw material costs, as well as the skyrocketing energy prices, challenged the hospitality industry again this year. As a result of the market situation, prices increased...
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This is what is cheaper at the Lidl in Párkán, and what is more worth buying here
Many Hungarians visit the Lidl in Párkány regularly to shop, a 45,000 dollar purchase at home can easily turn into a 32,000 dollar purchase with a detour in Slovakia. Of...
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The Hungarian meat industry is in big trouble
Is it really not worth it to keep chickens, pigs or cattle? In Hungary, in the summer of 2022, fewer of the main farm animal species were kept than a...
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There may be a beer shortage affecting the whole of Europe
Due to the energy crisis and climate change, Europe’s largest malt exporter is facing serious problems, which are further deepened by the Russian-Ukrainian war. “The increasingly protracted Russian-Ukrainian conflict presented...
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A social consultation has begun on returnable plastic cups
A social consultation has begun organized by the Budapest Chamber of Commerce and Industry (BKIK) and the Zöld Követ Egyesület on returnable plastic cups, the BKIK informed MTI on Thursday....
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Cereal prices are soaring, but there is no threat of stock shortage
Data from the Market Price Information System (PÁIR) of the Research Institute of Agricultural Economics (AKI) reveals: in Hungary on the first week of October, the price of bread wheat...
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Ministry of Agriculture: already awarded tenders are not covered by the information issued on the Rural Development Program
In the past few days, the Ministry of Agriculture (AM) has informed farmers and businesses that have submitted support applications for Rural Development Program applications but have not yet received...
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In the euro zone, core inflation accelerated from 4.8 percent to 5 percent in October
Annual inflation in the Eurozone accelerated to a record level of 10.6 percent in October from 9.9 percent in September, while the consumer price increase in the EU as a...
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Brand building with business awards
Brand building is a long process, where the brand has to prove its credibility again and again, guaranteeing high quality and strengthening customer trust in the brand at the same...
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This is the true cost of phishing attacks for SMEs
The range of threats is constantly evolving and expanding as more and more employees choose to work remotely. In particular, the number of phishing attacks has increased exponentially since the...
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The spa association calls for the expansion of the tourism action plan
The Hungarian Bath Association calls for the expansion of the tourism action plan; the members of the association want, among other things, VAT reductions, wage subsidies and utility subsidies, stressing...
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Aldi Spain’s Arinaga Facility Recycles 90 Tonnes Of Materials
Aldi Spain’s Arinaga logistics facility in Gran Canaria has recycled 90 tonnes of materials since its opening in May 2022, the retailer said. The 26,000 square metre logistics facility is...
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This is how inflation affected the labor market
High inflation has a significant impact on the labor market as well as on all areas of the economy. The consequences may differ from sector to sector and market to...
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Meteorological service: soil recharge is gaining momentum
The recharge of the soils in autumn and winter is gaining momentum, and rainfall can be expected several times by the end of next week, the National Meteorological Service wrote...
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Deliveroo launches ‘Collecteroo’ food bank collection service with Trussell Trust
Deliveroo is launching a service to collect unopened and in-date food items from customers’ homes and deliver them to food banks. The Collecteroo service runs for five days in December...
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Ferrero Invests In New North America Production Facility
Italy’s Ferrero Group is investing $214 million (€206 million) in a new production facility for Kinder Bueno in the US. The investment will add 200 new jobs and 169,000 square...
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AM State Secretary: the Hungarian strategy of the Common Agricultural Policy strives to balance sustainability and competitiveness
In accordance with the interests of producers, the Hungarian strategy of the Common Agricultural Policy (KAP) strives to balance sustainability and competitiveness, said the Secretary of State responsible for agriculture...
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Europol: tens of thousands of tons of counterfeit food were seized across Europe
About 27,000 tons of fake food, including at least 15 million liters of counterfeit or modified quality alcohol, including mainly burnt spirits and wine, were seized in Europe as part...
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Nébih recalled cheese with listeria
Due to Listeria monocytogenes contamination, the French manufacturer recalled the 3-kilogram package of Brie Maubert 33% cheese with an expiration date of 11/30/2022, which was also marketed in Hungary, the...
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More than half of Hungarians have a sweet tooth, this is what sells best in stores
Six out of ten prefer the sweet taste, the second most popular taste is salty, which is the favorite of every fourth Hungarian. This and many other interesting facts came...
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The price of dry pasta rose by 58.6 percent in one year, even Gyermelyi is cheaper in London
In Hungary, price inflation is much stronger than in most countries. According to official data, the price of dry pasta rose by an average of 58.6 percent in a single...
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Robotic technology is also present in domestic e-commerce
Hungary’s largest, high-tech fulfillment center in Üllő, near Budapest, has started its “large-scale” operation. As a recent player in Hungarian e-commerce, Boxy Zrt. opens up a completely new market for...
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Tesco is also participating in the fundraising
This year, Tesco also joined the Advent Fundraising of the Ecumenical Relief Organization. During the campaign, between November 14 and December 24, customers of the supermarket chain can support the...
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The toy market is also strong this Christmas
The strongest period of the toy market begins in mid-November: according to data from REGIO JÁTÉK, this year half of the annual turnover will be realized in the month and...
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Domestic households pay the most attention to reducing energy consumption
Almost two-thirds (64%) of Hungarian families with children in primary school know that there is environmental education in their child’s primary school, and almost everyone, 93 percent of households, use...
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Food prices have also fallen brutally in Germany
While we have a price cap on potatoes and because of this there may even be a product shortage by the beginning of next year, according to the report of...
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