Market News
Small steps for a sustainable world
On 4 October the Canadian Chamber of Commerce in Hungary hosted the international Food and Water Sustainability Business Forum in Budapest. The event took place on the roof terrace of...
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Bread and dairy product prices increased the most in September
Data by the Central Statistical Office (KSH) reveal: consumer prices elevated by 20.1% in August 2022, in comparison with August 2021. In one month prices became 4.1% higher on average....
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FMCG retail: minus 2.4% in August
The Central Statistical Office (KSH) has reported: like-for-like retail volume sales were up 3.3% in August 2022; adjusted for calendar effects, the sales growth was 2.4%. However, sales of grocery...
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Baked goods end up in the bin the most often
16 October was World Food Day, and HonestFood celebrated this by conducting a representative survey. The study revealed that 59% of Hungarians throw food away, and 23% waste quite...
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Climate technology investments have increased fiftyfold in Central and Eastern Europe in the last 8 years
Climate technology as an emerging asset class is showing strong growth worldwide, but Central and Eastern Europe has attracted less than one percent of global investment. Between 2013 and the...
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SPAR and Munch are working together to reduce food waste
Customers of the domestic chain can also help to ensure that as little food ends up in the trash as possible: SPAR works with the Munch online platform to reduce...
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Mushrooms are healthy both baked and boiled, but we still eat very little of them
The oyster mushroom, which can be prepared in a variety of ways, is not only delicious, but also extremely healthy due to its high fiber and protein content – draws...
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Lidl tests cheaper, on-shelf smart refill stations
In the United Kingdom Lidl is testing on-shelf smart refill stations for laundry detergent, cutting down on plastic and saving customers 20p per purchase. Installed on shelves in the store’s...
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The global food price index remained stable in October
The index of international food prices remained largely stable in October, after rising grain prices were offset by lower prices of other crops, the Food and Agriculture Organization of the...
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Farmers may receive more state land
The next phase of the sale of state lands under 10 hectares has begun. This time, offers can be made mainly for forest, orchard, vineyard and wooded areas, as well...
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End-of-year urges
Probably the end of the year will see two different urges of consumes fighting with each other: the one that demanded and got more from wieners and frankfurters in the...
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It is decided on local level what to do with energy retrieved from food waste
According to FAO, 1.6 billion tonnes of food land in waste every year, which largely contributes to environmental and socio-economic problems. Poor management of food waste results in polluted natural...
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Heineken South Africa Bets On Solar To Cut Carbon Emissions
A new solar power plant at the South African arm of Heineken NV will supply 30% of a brewery’s electricity demand, the brewer said, the latest company to seek an alternative supply...
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Well-known cosmetic brands are returning to the Russian market
Lancome, Redken, Yves Saint Laurent, Giorgio Armani and Kérastase have been added to the list of Russian parallel imports of perfumes and cosmetics as exceptions because these companies have decided...
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Mentos launches new paper bottle gum packaging
Confectionary manufacturer Perfetti Van Melle has unveiled new paper bottle packaging set to roll out across its Mentos Pure Fresh Gum range. Launching in 600 Co-op stores this month, its Cherry,...
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The EU has accepted Hungary’s strategic plan for the common agricultural policy
The European Commission has approved Hungary’s 8.4 billion euro (about HUF 3,400 billion) strategic plan for the 2023-2027 period of the EU’s common agricultural policy (CAP), the Brussels body informed...
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Potatoes and onions are also in short supply in stores
Domestic horticulture is facing a difficult decision. Due to the high energy prices, many people would rather bring the goods to the market quickly, as the cost of storage has...
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Inflation is increasing due to the food price shock
Due to the price shock on the food front, inflation will spill over into all areas of the entire economy and will not end anytime soon. “In the coming months,...
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FAO Food Price Index virtually unchanged in October
The FAO Food Price Index* (FFPI) averaged 135.9 points in October 2022, virtually unchanged from September, with the price indices of all the covered commodity groups, except cereals, down month-on-month. An upturn...
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The price of meat may increase due to another problem
The laboratory of the National Food Chain Safety Office (Nébih) confirmed the presence of a highly pathogenic avian influenza virus in two duck farms in Bács-Kiskun county, the organization announced...
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Wine is not a basic need – the Italians admitted
Even the Italians admit that wine is not a basic need, so the wine sector will have to face further difficulties in the coming period. “The purchasing power of families...
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A very bad apple crop is driving prices down this year
Spring frosts, summer drought, rising energy prices – the price of apples increases, and there may even be a shortage of apples in spring. “Although not all crops have been...
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KSH: household income increased last year
In addition to the decrease in poverty, household income and consumption increased last year, the Central Statistics Office (KSH) told MTI on Friday. In their summary of the living standards...
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The EU carbon tax may arrive soon
The European Union is expected to introduce a carbon tax aimed at improving sustainability and competitiveness at the beginning of next year – draws attention to EY. The levy would...
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EXTENDED! Local communities can apply again: they can win a total of HUF 42 million in support from Tesco
For the 12th time, Tesco is launching its “You choose, we help” tender program to support local community initiatives, the deadline for which has been extended until November 11. In...
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The aim of the new agricultural support system is to increase efficiency
During consultations and negotiated compromises with the European Commission, the Hungarian government has created a new agricultural support system, the aim of which is to increase efficiency, said the State...
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GMO-free production is an important value of Hungarian agriculture
The aim of the Ministry of Agriculture is to ensure that GMO-free products are placed on store shelves and on the tables of Hungarians, starting from GMO-free feed for our...
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YSK inaugurated Hungary’s largest single-space logistics center – four countries are served from Ecser
The new distribution center of the JYSK store chain in Ecser has started at full speed: in October, the more than 40-meter high-rise warehouses also started working. The fully automated...
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Vegan, vegetarian, omnivore: What does practice tell about the carbon footprint of our diet?
Conversations have already started in Hungarian professional circles about the need to make our food supply and diet more sustainable. The time has come to think in terms of diets...
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Recession-proof solutions at the AGÓRA conference
More than 150 trademark users sent their representatives to Hungarian Product Nonprofit Kft.’s 8th Agóra conference in Esztergom. Managing director Eszter Benedek welcomed participants and told: they believe that sharing knowledge...
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