Market News
Food prices rose by 0.9 percent in February compared to a year earlier in Germany
In February, inflation in Germany fell to a two-and-a-half-year low, according to the final data published by the German Federal Statistical Office, Destatis, on Tuesday. In February, the consumer price...
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Easter eggs can be a third cheaper than last year
By Easter, the average consumer price of eggs can be around HUF 60, which means that customers can get one of the essential staple foods for the holiday one third...
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The CÖF-CÖKA and the Egyenlő.hu trade union propose an amendment to the law to help trade workers
The Egyenlő.hu modern trade union cooperating with the Civil Solidarity Forum (CÖF) – the Civil Solidarity Nonprofit Foundation (CÖKA) – proposes a change in the law to help commercial workers...
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The investments of the past few years in domestic horticulture have paid off
Grown peppers and tomatoes can now be found on store shelves all year round, and from mid-April the entire sector will be supplying not only the domestic but also the...
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Plant-based nutrition
Last October the National Association of Plant Based Food Manufacturers and Distributors (NÉGYOSZ) and Trend International Kft. did a nationwide representative survey on the attitudes of domestic consumers regarding their...
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Cattle, sheep and goat keepers must match data in ENAR by March 31
The latest decree of the Minister of Agriculture imposes a data reconciliation obligation on keepers of cattle, sheep and goats. The first deadline for the ENAR data reconciliation program of...
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The food industry can rely on the agricultural vocational training system
In order to operate and maintain the innovative agriculture and food industry, well-trained specialists are needed, Minister of Agriculture István Nagy announced on Monday, at the Soós István Winery Technikum...
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Here’s how consumers respond to a retailer data breach
A new survey reveals customers have a strong negative reaction when a retailer they frequent experiences a cyberattack. According to “Security Matters: Consumer Views On Cybersecurity in Retail & Finance 2024,”...
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The EP adopted a decree on the reduction of pollution from industry and large livestock farms
Wednesday’s plenary session of the European Parliament adopted the agreement already concluded with the member states on the review of the directive on industrial emissions, and the new regulation on...
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Live cattle exports decreased by 18 percent in 2023
According to AKI’s slaughter statistics data, cattle slaughter in January 2024, expressed in live weight, decreased by 13 percent compared to January 2023. Cows, which accounted for more than two-thirds of...
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Dutch Discount Retailer Enters Portugal, Eyes Further Expansion
Dutch discount retailer Action has opened its first store in Portugal, in Vila Nova de Gaia, with three more openings planned in the north of the country later this year....
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Grupo Bimbo ‘to buy six bakeries in Romania’
The baked goods manufacturer acquired the local bakery group Vel Pitar last January. Mexican bakery major Grupo Bimbo is reportedly set to scoop up six more bakeries in Romania. The...
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The compensation support for Natura 2000 lawn areas has been published
The first call for tenders for rural development was announced within the framework of the KAP Strategy Plan until 2027. The affected farmers can use compensatory support for Natura 2000 lawn...
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New general secretary at the head of the National Trade Association
Dr. Tamás Kozák replaces György Vámos in the position of secretary general of OKSZ. The OKSZ member companies express their gratitude to György Vámos for the work he has done...
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Chocolate rabbits and chocolate eggs are the most popular products of the Easter season
The chocolate rabbit and chocolate egg are always the hit products of the Easter sweets market, and the manufacturers also prepare many innovative products for the holiday season. According to...
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The food industry can rely on the agricultural vocational training system
In order to operate and maintain the innovative agriculture and food industry, well-trained specialists are needed – said Minister of Agriculture István Nagy on Monday at the Soós István Winery...
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Announcement of the Public Benefit Association of Conscious Buyers
The overwhelming majority of consumers both here and in Europe want stricter rules to protect animals kept for food production, and expect EU decision-makers to finally act – according to...
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Sustainability does not entail an unacceptable decrease in the standard of living
“Sustainability means solutions to global environmental problems that do not involve either economic bankruptcy or an unacceptable decrease in the standard of living,” said Mr. Attila Chikán, the president and...
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New director at the head of the Continental factory in Szeged
From February 1, 2024, Sándor Horváth took over the position of director of the Szeged factory of the Continental technology company from his predecessor, Sven Meier. The new factory manager...
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Hungarian Dietitians: microalgae have many disease-preventive effects
Microalgae are microscopic unicellular or multicellular algae found in many habitats, such as marine and freshwater environments, as well as in soil, even under ice, and in other microbial communities....
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At the same time, the majority of food became cheaper in the Czech Republic as well
Annual inflation in the Czech Republic dropped to two percent in February from 2.3 percent in January, the Czech Statistical Office announced on Monday in Prague. Annual inflation has been...
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Kraft Heinz enters plant-based meats with Oscar Mayer hotdogs and sausages
The CPG giant and its partner, NotCo, hope the offerings can shake up the alternative meat sector, which remains “underdeveloped and under-consumed.” Kraft Heinz is launching plant-based Oscar Mayer Hot...
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(HU) 236,3 milliárd dollárra nőtt a saját márkás eladások értéke 2023-ban
A PLMA 2024-es Private Label Report című jelentése szerint a sajátmárkás termékek forgalma 2023-ban az előző évhez képest 4,7%-os növekedést követően elérte a 236,3 milliárd dollárt. Az eladások értéke 10,1...
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Colruyt trials smart shopping trolley
An unusual shopping trolley is popping up in the Colruyt supermarket near the retailer’s headquarters in Halle, Belgium this month. It can scan the products customers put in it, and...
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KSH: in February, consumer prices increased by 3.7 percent on average compared to the same month of the previous year
In February 2024, consumer prices were on average 3.7 percent higher than a year earlier. Compared to January, prices rose by an average of 0.7 percent, vehicle fuels rose by...
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MBH Bank analysis: Overall, this year’s annual inflation rate could be 4.1%
The last time the rate of price increase was at a similar low level was in August 2021. The change compared to the previous month was +0.7%, which reflects a...
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FAO Food Price Index declines further in February
The benchmark for world food commodity prices declined for the seventh consecutive month in February, as lower international quotations for all major cereals more than offset rising prices of sugar...
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GVH: Food inflation has not been as low as in February 2024 in seven years
In the second month of 2024, consumer prices were on average 3.7% higher than a year earlier, and food inflation was even lower, at 2.2%. In addition to government and...
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Shrink inflation has also reached Easter hams
As the Easter holiday approaches, we increasingly feel the challenges of preparing for Easter, among which the price increase of Easter hams is especially prominent this year. The National Association...
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Coffee can get really expensive
Starting next year, consumers in the EU will have to face a scarce supply and higher coffee prices, according to the German coffee industry’s professional representative organization, the Deutscher Kaffeeverband,...
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