Market News
American peanuts: the formula for success
Peanuts are part of our lives not only in the form of snacks or peanut butter, but also as a source of protein, as they and their derivatives offer many...
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Hungarians don’t skimp on eating meat
People are willing to save on utilities, but only a few are willing to save on meat, according to a representative survey conducted by the Human-Environment Transaction Institute of ELTE...
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The increase in the price not only of food, but also of raw materials was much higher than in other EU countries
Inflation broke decade-long records in most European countries last year, a substantial part of which was caused by the increase in the price of food. And food inflation can largely...
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Cocoa cultivation cannot be sustainable without systemic changes
CPGs are not doing enough to ensure that growers who supply the ingredient are paid fairly, argued the Voice Network’s biannual Cocoa Barometer report. In a report released last month,...
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The stakes are even higher in the 2023 program of Samsung and EdisonKids
Samsung and EdisonKids invite Hungarian youth to future planning and creative problem solving. The challenge, launched for the third time this year, is a unique opportunity for students to collaborate...
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One in five opting for non-alcoholic beers as drink of choice, Budweiser research finds
One in five (21%) of people would opt for non-alcoholic beer as their drink of choice at a social event, new research has found. According to a report from the...
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New checkout concept at Aldi Süd in Germany
Cash registers with double slides will make shopping in Aldi Süd stores more efficient and pleasant in the future. The concept has recently been tested in 30 stores in Germany...
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High egg prices have shoppers boiling
Eggs have recently made the headlines for both an acute shortage of the supermarket staple along with skyrocketing prices across the country. Egg prices rose more than 11% in December...
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These 40 products rose in price the most in Hungary
Hungary’s 24.5 percent inflation, which is a record within the European Union, is mainly seen in the area of food and utilities: according to the Central Statistical Office, food (44.8...
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Tamás Éder: Assistance to butcher shops is not a lasting solution
According to Tamás Édes, president of the Hungarian Meat Industry Association, it is a serious problem that the demand for meat has decreased due to inflation, while the costs of...
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Nestlé will create 250 new jobs in Bük with an investment of HUF 140 billion
With a HUF 140 billion capacity expansion investment, Nestlé Hungária Kft. will create 250 new jobs at its Büki site, Minister of Foreign Affairs and Trade Péter Szijjártó announced on...
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Inflation accelerated to 24.5%
Significantly below expectations, inflation jumped to 24.5% in December, which was primarily caused by the cancellation of official fuel prices, but the rise in food prices also continued to accelerate....
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Despite rising food prices, the German economy “held up well”
According to the first estimate of the German statistical office, the German economy grew slightly more than experts expected last year mainly due to the positive consequences of the catch-up...
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From Sunday, you can only pay in euros in Croatia
Croatia joined the Eurozone on January 1st, and after the two-week transition period, payments can only be made in euros in the country from Sunday, wrote the Croatian daily Vecernji...
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This is how the rules on the inheritance of agricultural land changed
From January 1, 2023, new, special regulations came into force based on a law adopted in 2021. The new regulation, effective from January 1 of this year, applies only to...
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OTC products is a booming category
ültek még inkább előtérbe. A szegmens szárnyalása folyamatos, annak ellenére, hogy a szinte minden kategóriát érintő alapanyaghiány ezt a területet sem kímélte, ami főként a termékek csomagolásában hozott kisebb-nagyobb változásokat....
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The durable and transparent packaging is the winner – results on the soup paste dry pasta Product sample
We asked the reviewers during the soup paste dry pasta Product Sample how important they consider packaging and presentation when buying pasta, and also on what basis they choose the...
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Agro-Ferr Kft. increases its production with the help of support.
Agro-Ferr Kft. is increasing its production by about 10 percent this year, and plans to produce six million liters of milk by the end of the year. The family business...
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A reduction in the VAT on food was suggested as a solution
According to Lajos Korózs, the vice president of the MSZP, the general sales tax (VAT) on basic foodstuffs should be reduced to zero percent. Meanwhile, Jobbik also proposed the reduction...
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Giant Food joins forces with Loop for reusable packaging
Ahold Delhaize subsidiary Giant Food is offering more than 20 products from 20 leading consumer brands in reusable containers instead of single-use packaging, in partnership with Loop, the circular reuse platform...
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In Germany Wolt plans to serve retail too
Courier service Wolt is getting ready to team up with retailers in Germany. With the help of the Wolt-Drive programme, every retailer can offer the delivery service of Wolt to...
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SZÉP card traffic increased significantly last year
SZÉP card traffic increased significantly last year, cardholders spent the most out of pocket on hospitality – the card issuers informed MTI. Last year, the turnover of the K&H SZÉP...
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Mars Petcare, Broad Institute Launch New Genome Project For Pets
A new initiative is being planned that could eventually lead to the creation of one of the largest open access cat and dog genome databases in the world. Mars...
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Amazon to shutter three UK warehouses
Amazon is to shutter three UK warehouses and replace them with two new distribution centres. Sites in Hemel Hempstead, Doncaster and Gourock are slated for closure, and staff there will...
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7-Eleven Enters Israel, Opens First Store In Tel Aviv
Convenience chain 7-Eleven has opened its first store in Tel Aviv at the Dizengoff Centre Mall, marking its entry to Israel. Located in the country’s second-largest city and largest metropolitan...
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Bird flu has appeared in another area of Békés county
The laboratory of the National Food Chain Safety Office (Nébih) confirmed the presence of the highly pathogenic avian influenza virus in a farm in Békés county that keeps about 2,000...
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The year starts with another brutal increase in food prices
The significant rise in food prices continues, according to Privátbankár’s Árkosár survey, an average family bulk purchase is already around HUF 36,000, i.e. an average family bulk purchase costs 41.3...
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Pork could soon be a luxury
Unfortunately, the year 2022 significantly weakened the pig sector, and they had to face several factors of price increases. Although he did not want to make predictions, he revealed this...
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The government has revealed when they would decide about food price caps
While László Parragh, the president of the Hungarian Chamber of Commerce and Industry (MKIK), has already discussed the end of price caps in the past few days, the Ministry of...
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Beyond Meat’s plant-based steak available in more than 5,000 US stores
Beyond Meat officially launched its plant-based beef tips: Beyond Steak is available in more than 5,000 Kroger and Walmart stores nationwide, as well as some Albertsons and Ahold divisions. The...
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