Market News
The sheep industry expects a successful Easter period
This year’s Easter season holds hopeful prospects for Hungarian sheep breeders. The increasing demand in the European market is further enhanced by the coincidence of the early Easter and the...
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Vegetable growers can expect a difficult period
Due to the massive influx of Ukrainian crops, those Hungarian vegetable producers who cannot irrigate and are faced with a serious price drop on the market are in danger. According...
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Frying healthier: 5 tips to get the most out of your airfryer
Although many people vow to eat healthier and cook more for themselves starting in the new year, it is difficult to maintain motivation after a month or two, especially when...
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Lindt & Sprüngli And Italian Artisans Close To Chocolate Truce
The long-standing chocolate dispute between Swiss giant Lindt & Sprüngli and Italian artisan chocolatiers is nearing a resolution. A potential deal, brokered by Italy’s Piedmont Region, will pave the way...
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KSH: In the fourth quarter of 2023, the performance of the economy was unchanged
According to raw data, Hungary’s gross domestic product (GDP) did not change in the fourth quarter of 2023, but according to seasonally and calendar-adjusted and balanced data, it increased by...
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FDA to allow yogurt makers to claim food lowers risk of type 2 diabetes
The agency, citing “limited evidence,” agreed that eating at least two cups of the dairy offering per week could lower the chance of developing a disease that impacts about 36...
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With the exception of the American crop, the world market price of wheat continued to decrease
According to Tallage’s information in February, with the exception of the American crop, the world market price of wheat for the immediate delivery period between January 15 and February 9...
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BMI: Slight recovery in February
The seasonally adjusted February value of the Purchasing Manager Index (BMI): 52.2. Compared to the previous February values, this year’s value is lower than the long-term average for this month...
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Changing consumption habits, changing consumer protection rules
In 2024 the Consumer Protection Act is amended in several points, as consumers need even more protection due to the digitalisation in all areas of sales, transforming consumption habits and...
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We walk for kilometers in the malls if the coupon sale is big enough – domestic survey
In general, customers spend 2-3 hours in shopping centers for coupon deals and even stand in line in stores if the discount on the selected product is big enough, Etele...
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Shoppers want more than just basic chocolate rabbits
This article is available for reading in Trade magazin 2024/2-3 Easter confectionery wasn’t exempt from last year’s general food market trends: the encouraging growth of previous years has come to...
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Kroger was the most visited grocery store in the US in 2023
According to a summary report titled Grocery Sector in 2023 and made by retail data company Placer.ai, almost 19% of annual grocery store sales in 2023 were realised by Kroger...
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Unilever launches first UK regenerative agriculture project with Colman’s
Unilever has unveiled its first regenerative agriculture project in the UK, working with farms that grow ingredients used in Colman’s products. The project will initially roll out across mustard and...
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Żabka Group Receives Approval For DRIM Daniel Distributie Takeover
Poland’s Żabka Group has received approval from the Romanian National Authority for Consumer Protection (ANPC) to acquire a majority stake in DRIM Daniel Distributie. The approval follows on from the...
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Lidl’s international expansion stutters
Lidl has put the brakes on its international expansion. Selected investments in Poland and Spain to close the gap to market leaders. In the 2023/2024 financial year, which ended at...
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Domestic shepherds are preparing for a busy Easter period
This year’s Easter season starts with favorable prospects for domestic sheep breeders. The European market is seeing a growing demand, which is further increased by the Muslim Ramadan holiday, which...
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Carrefour, Glovo Launch 30-Minute Grocery Delivery Service In Italy
Carrefour Italia and Glovo have joined forces to launch a quick-commerce service, Carrefour Sprint, offering 30-minute grocery deliveries in Italy. Operated by Glovo, the first Carrefour Sprint urban dark store...
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France issues new decree to ban plant-based meat descriptors
The French government is making another attempt to ban French manufacturers from using meat-related descriptors for plant-based foods. Manufacturers of plant-based meat alternatives in countries outside of France would not be...
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Goose and duck slaughter increased in 2023
Domestic slaughterhouses produced nearly 420,000 tons of pork, around 515,000 tons of poultry and 23,000 tons of beef in 2023 (carved weight, slaughtered and cleaned weight for poultry). In terms...
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What needs influence the shopping decisions of consumers?
Euromonitor International’s 2024 forecast highlights that consumer preferences are closely linked to sustainability, technological developments and socio-political impacts. This article is available for reading in Trade magazin 2024/2-3 In this...
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Free in-store cash withdrawals: a government idea that did not find understanding ears
Eight months ago, the government introduced the proposal that it should be possible to withdraw cash in stores even for minimal purchases. According to the idea, this would help people...
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Anyone can view the database of reduced packages
The National Food Chain Safety Office (Nébih) has launched a new, easily accessible database in which product shrinkage measured between January 1, 2020 and July 1, 2023 is presented. A...
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NGM: mandatory information on reduced packaging in stores begins
Mandatory information on reduced packaging in stores will start on Friday – the Ministry of National Economy (NGM) drew attention in its statement on Friday. The government successfully suppressed inflation....
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Fruits can be very expensive because of the early spring
According to the Pénzcentrum article, the early spring and unusually mild weather are causing concern among fruit growers and wineries. According to meteorological data, heat records were broken in Hungary...
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KSH: The volume of exports of food, beverages and tobacco is 5.0 percent higher than that of imports
In December 2023, the volume of exports decreased by 8.4 percent and that of imports by 0.8 percent compared to the same period of the previous year. The foreign trade...
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Bananas and cocaine: the interesting connection between drug trade and fruit prices
The price of the banana seems resistant to inflation, especially when compared to other fruits. However, beneath this seemingly stable price, there are signs pointing to the possible involvement of...
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Nébih: Out of 21 chocolate-flavored protein powders, 20 products did not meet the labeling requirements
20 products out of 21 chocolate-flavored protein powders did not fully meet the labeling requirements, there were also problems with the protein, amino acid and sweetener content, as well as...
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Many online stores are looking for loopholes in terms of delivery
Domestic online stores must adapt to a new rule within one month, according to which it becomes mandatory to offer Magyar Posta as a delivery option. However, some of the...
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Healthy products are the most sought after in the cereal market
Among cereal flakes, healthy products are the most sought-after according to the overview of the National Chamber of Agricultural Economy (NAK), which also reveals that the composition of cereal flakes...
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The first Hungarian competition law came into force 100 years ago
A century ago, in 1924, Article V of the 1923 Law on Unfair Competition entered into force. On the occasion of the jubilee anniversary, the Economic Competition Authority and the...
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