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Market News

MNB: due to food prices, inflation accelerated to a brutal extent
Date: 2022-10-11 13:54:36

More than half of September’s inflation is explained by the rise in prices of food and regulated price products and services. The monthly increase in core inflation, calculated without processed...

This is how customer habits have changed according to SPAR, Tesco, Penny, Auchan and CBA
Date: 2022-10-11 13:50:44

We are not giving up anything, but people have started buying down and because of the high food inflation of 35.2 percent. More and more people are complaining that the...

KSH: food prices rose by 3.5 percent in September, and by 35.2 percent in one year
Date: 2022-10-11 13:05:44

In September, consumer prices were on average 20.1 percent higher than a year earlier. In the past year, the prices of household energy and food have risen the most, the...

Toilet paper can even cost twice as much compared to last September
Date: 2022-10-11 13:00:27

Hygienic paper products may double in price by the end of the year compared to last September, Vajda-Papír Kft. told MTI, adding that there is no need to fear a...

For Czechs, meat went up by 23.6 percent, milk, cheese and eggs by 25.8 percent
Date: 2022-10-11 12:00:35

In the Czech Republic, annual inflation rose to 18 percent in September after 17.2 percent in August. Inflation higher than this was last seen in December 1993, the Czech Statistical...

Will the price of eggs continue to rise, or will it just become cheaper?
Date: 2022-10-11 11:36:31

Based on a quick overview of Népszava, eggs were sold for 104-150 forints depending on size and quality in the larger grocery stores on Monday, but you can also get...

Aldi also scraps best before dates on fruit and vegetables
Date: 2022-10-11 10:47:22

Aldi has become the latest retailer to remove best before dates from around 60 of its private label fruit and vegetable products, in order to help fight food waste. As...

Slower growth rate in e-commerce in the first half of 2022
Date: 2022-10-11 10:37:53

Domestic online sales were worth HUF 570bn in the first six months of 2022, having grown by 14.5%. In the last two years the pandemic gave a boost to digitalisation,...

Carrefour Italia opens first remodelled hypermarket
Date: 2022-10-11 10:31:11

Carrefour Italia has started remodelling its hypermarkets in Italy and has reopened its store in Turin. The project seeks to provide a newer and more complete shopping experience, in order...

Our country and Dunaföldvár have become the epicenter of European grain biorefining in the last 10 years
Date: 2022-10-11 10:29:43

Climate change, food security, energy crisis. The world’s leading companies are constantly looking for solutions to this triple challenge in a constantly changing market environment. Europe’s largest biorefinery, Pannonia Bio,...

Coop Sweden offers cheaper electricity to partners
Date: 2022-10-11 09:44:00

Coop Sweden is partnering with Fortum, so that it can offer a lower electricity price to members, as well as the opportunity to earn points on their electricity use. The points...

Walmart rolls out October holiday deals event
Date: 2022-10-11 09:40:47

Retailers are offering early holiday deals to incentivize shoppers to make their holiday purchases well before Black Friday or Cyber Monday. Like Walmart, other retailers like Kohl’s, Amazon and Target...

SPAR International Opens First Kazakhstan Outlet
Date: 2022-10-11 09:36:04

Retailer SPAR International has announced the brand’s entry into Kazakhstan following the opening of the first EUROSPAR Supermarket in Almaty. The license to operate the brand in the country...

Ferrero UK rolls out new Tic Tac Fresh
Date: 2022-10-11 09:35:24

errero UK is launching a new product range, Tic Tac Fresh, into grocery and convenience stores now, available in three flavours – Cool Cherry, Strong Mint and Grapefruit Mint. The...

Railway freight traffic increased eightfold
Date: 2022-10-11 08:01:45

While less goods were transported by road and water in the first half of this year than a year earlier, the railway maintained its performance, and the volume of pipeline...

Growing demand for needles – increased controls
Date: 2022-10-11 07:20:02

Due to the surge in needle thread demand across the country, deliveries also increased. In the spirit of this, the EUTR authority of the National Food Chain Safety Office (Nébih)...

European customers are under pressure, but Christmas can be a ray of hope
Date: 2022-10-10 14:54:07

According to two NielsenIQ studies, even though inflation has a strong impact on European shoppers, they are sticking to their Christmas shopping plans for the time being. NielsenIQ Consumer Insights’...

Black Friday 2022: this is how our willingness to spend changes during the livelihood crisis
Date: 2022-10-10 12:21:42

Despite the economic and livelihood crisis, half of the population plans to buy something during Black Friday. Hungarians would spend an average of HUF 41,000 during the pre-Christmas sales period,...

How do online stores take advantage of this year’s peak season?
Date: 2022-10-10 11:17:16

Inflation rates have skyrocketed, but this is not reflected in the decrease in the number of online purchases, claims Bogdan Colceriu, head of Frisbo. According to the CEO of the...

42 percent of Hungarian SMEs do not have a sustainability plan – Generali’s EnterPRIZE program encourages good examples
Date: 2022-10-10 11:03:21

The Generali Group recently published the first results of its SME survey with Bocconi University. While a quarter of businesses keep environmental and social sustainability aspects in mind during their...

The first two-Michelin-star restaurant in Hungary and Startup Plastic Surgery are launching a joint challenge for environmentally friendly catering
Date: 2022-10-10 10:25:29

The challenge of the incubation program is for young teams who could help with an innovative idea to replace vacuum packaging in an environmentally friendly way. In November 2022, Startup...

BDO: The EU’s “green” obligations are a serious burden for companies
Date: 2022-10-10 10:23:07

The EU’s green transition strategy imposes significant tasks not only on large companies, but also on companies in the SME sector and their managers, which essentially has not eased despite...

More muscular body care segment
Date: 2022-10-10 10:15:58

According to Zsófia Gózon-Karajz, L’Oréal Magyarország Kft.’s trade marketing manager, global demand keeps rising for body care products. “Body care is important in every season, even though our skin is...

New plant-based store concept from Billa
Date: 2022-10-10 10:12:50

Billa has developed a new store concept called Billa Pflanzilla, which focuses only on plant-based products and has more than 2,500 SKUs. The store is located on Mariahilfer Strasse and...

Grubhub and Gopuff team up for grocery and alcohol delivery
Date: 2022-10-10 10:10:58

Grubhub and Gopuff are partnering to provide fast delivery of grocery items, alcohol and essential items. The new partnership will see the Chicago-based food delivery platform tap into Gopuff’s warehouses...

Boots vows to deliver the most affordable Christmas ever
Date: 2022-10-10 10:04:07

Boots has said this Christmas will be its “most affordable ever” as shoppers are expected to spend less due to the cost-of-living crisis. According to its research, two thirds of...

Diageo Acquires Coffee Liqueur Brand Mr Black
Date: 2022-10-10 09:58:43

Diageo has announced the acquisition of Mr Black, an Australian premium cold brew coffee liqueur brand. Mr Black was launched in 2013 by designer Tom Baker and award-winning distiller,...

Signature 40: Brand and trade marketing manager ranking
Date: 2022-10-10 09:54:45

This year is the first that Signature 40, the ranking of brand and trade marketing managers is published, based on the idea of Ádám Vaszary and Márton Nagy. No less...

Profession.hu: shop assistants and cashiers, and those working in trade and sales positions also apply for cleaning jobs
Date: 2022-10-10 09:41:27

There is an increasing demand for skilled and manual workers, but there is a labor shortage in this area. Career abandonment is significant, players in various industries suck away the...

Price cap on essential products in Netto, Bilka and Føtex stores until the end of the year
Date: 2022-10-10 09:31:14

Denmark’s Salling Group has extended the price cap period on more than 300 products across the Netto, Bilka and Føtex chains until the end of the year. The price cap...

Oldal

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MNB: due to food prices, inflation accelerated to a brutal extent Date: 2022-10-11 13:54:36

This is how customer habits have changed according to SPAR, Tesco, Penny, Auchan and CBA Date: 2022-10-11 13:50:44

KSH: food prices rose by 3.5 percent in September, and by 35.2 percent in one year Date: 2022-10-11 13:05:44

Toilet paper can even cost twice as much compared to last September Date: 2022-10-11 13:00:27

For Czechs, meat went up by 23.6 percent, milk, cheese and eggs by 25.8 percent Date: 2022-10-11 12:00:35

Will the price of eggs continue to rise, or will it just become cheaper? Date: 2022-10-11 11:36:31

Aldi also scraps best before dates on fruit and vegetables Date: 2022-10-11 10:47:22

Slower growth rate in e-commerce in the first half of 2022 Date: 2022-10-11 10:37:53

Carrefour Italia opens first remodelled hypermarket Date: 2022-10-11 10:31:11

Our country and Dunaföldvár have become the epicenter of European grain biorefining in the last 10 years Date: 2022-10-11 10:29:43

Coop Sweden offers cheaper electricity to partners Date: 2022-10-11 09:44:00

Walmart rolls out October holiday deals event Date: 2022-10-11 09:40:47

SPAR International Opens First Kazakhstan Outlet Date: 2022-10-11 09:36:04

Ferrero UK rolls out new Tic Tac Fresh Date: 2022-10-11 09:35:24

Railway freight traffic increased eightfold Date: 2022-10-11 08:01:45

Growing demand for needles – increased controls Date: 2022-10-11 07:20:02

European customers are under pressure, but Christmas can be a ray of hope Date: 2022-10-10 14:54:07

Black Friday 2022: this is how our willingness to spend changes during the livelihood crisis Date: 2022-10-10 12:21:42

How do online stores take advantage of this year’s peak season? Date: 2022-10-10 11:17:16

42 percent of Hungarian SMEs do not have a sustainability plan – Generali’s EnterPRIZE program encourages good examples Date: 2022-10-10 11:03:21

The first two-Michelin-star restaurant in Hungary and Startup Plastic Surgery are launching a joint challenge for environmentally friendly catering Date: 2022-10-10 10:25:29

BDO: The EU’s “green” obligations are a serious burden for companies Date: 2022-10-10 10:23:07

More muscular body care segment Date: 2022-10-10 10:15:58

New plant-based store concept from Billa Date: 2022-10-10 10:12:50

Grubhub and Gopuff team up for grocery and alcohol delivery Date: 2022-10-10 10:10:58

Boots vows to deliver the most affordable Christmas ever Date: 2022-10-10 10:04:07

Diageo Acquires Coffee Liqueur Brand Mr Black Date: 2022-10-10 09:58:43

Signature 40: Brand and trade marketing manager ranking Date: 2022-10-10 09:54:45

Profession.hu: shop assistants and cashiers, and those working in trade and sales positions also apply for cleaning jobs Date: 2022-10-10 09:41:27

Price cap on essential products in Netto, Bilka and Føtex stores until the end of the year Date: 2022-10-10 09:31:14