Market News
Agricultural producer prices in Germany slowed down in June
Agricultural producer prices in Germany rose by 1.9 percent less than the previous month, by 33.9 percent, according to the Monday report of the German Federal Statistical Office, Destatis. In...
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K&H: The Russian-Ukrainian conflict affects the operation of almost all large Hungarian companies
Fewer and fewer large domestic companies expect the end of the Russian-Ukrainian military conflict this year, even though the international situation is very decisive for them in terms of their...
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Starting school: notebooks and drawing sheets will be 30-50 percent more expensive
The 2022/23 academic year will start in two weeks. Back-to-school sales have already started in stores, and parents have a long list of what they still need to buy for...
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It is important to pay attention to the dangers of must gas
The Ministry of Technology and Industry (TIM) draws attention to the dangers of must gas in a post uploaded to its Facebook page on Sunday. They indicated that, since the...
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Hungarians are already comparing the price of notebooks: starting school in times of economic crisis
Compared to July, the number of searches related to the school jumped enormously. The various school bags achieved almost 10,000 clicks and searches related to sets increased by nearly 400...
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Rice fields can also dry out by mass
The rice fields are also drying up in the Pó river valley, which is already threatening the cultivation of risotto rice this year. The current drought may affect rice cultivation...
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A fine of HUF 980,000 can also hit Hungarians in the tourist paradise
Anybody who swims in the sea on Mallorca’s popular beaches despite the prohibition sign can be fined up to HUF 980,000. The new rules came into force recently and the...
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PENNY encourages conscious consumption
PENNY encourages conscious consumption. In addition to complying with the relevant legislation, PENNY’s 227 stores operating in Hungary will be uniformly closed on Saturday, the holiday of the founding of...
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There will be no more price increases on the raw material front, a decrease is expected
Raw material costs have hit their peak and prices are set to soften, according to the latest forecasts, bringing welcome relief to ailing consumer goods manufacturers, according to a report...
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It is not only thirst that torments Dutch orchardists
In addition to the lack of water, heat waves and strong sunlight also leave their mark on the apple orchards. According to experts, where the fruit trees were not watered,...
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Tesco moves towards self-stervice checkouts due customer demands
Tesco says goodbye to staffed checkouts as it prioritises self-service in store revamp. A number of staffed checkouts will remain in place but the move will see a significant change...
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The hidden power in food waste: biomethane could serve as alternative of Russian gas
Biological waste found at every step of the food chain can replace a fifth of Russian gas imports. According to the European Biogas Association (EBA), by 2050 the amount of...
Read moreJ&J To End Global Sales Of Talc-Based Baby Powder
Johnson & Johnson will stop selling talc-based baby powder globally in 2023, the drugmaker said, more than two years after it ended US sales of a product that drew thousands of consumer...
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Contractual agricultural water applicants receive the required quantity
The water directorates are still able to meet contractual agricultural water needs, the National Water Directorate General told MTI on Friday. The OVF points out: in the first seven months...
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The future of successful agriculture is digitization and robotization
The future of successful agriculture is digitization and robotization, and the use of precision tools, as this can significantly influence its efficiency already at sowing, as well as the dynamics...
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The possibilities of breeding Hungarian variegated cattle lie in sustainability in the future
The Ministry of Agriculture places even more emphasis on voluntary and incentive programs in order to prioritize environmentally and climate-conscious agriculture. Anikó Juhász spoke at the Tolna county agricultural forum...
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We have good news for farmers: the increase in agricultural producer prices accelerated again in June
After the previous month’s stagnation, the increase in agricultural producer prices accelerated again in June: after 45.4 percent in May, purchase prices were on average 48.3 percent higher in June...
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Inflation appears belatedly in e-commerce
In most cases, strong market competition delays the price increase of products sold online, the price comparison portal Olcsóbbat.hu concluded, in connection with the fact that it examined the annual...
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Facilitating temporary labor can also cause wage tension
It has become easier to employ third-country nationals, including workers from the Asian region, through qualified labor agencies. In addition to the fact that, due to the lack of labor...
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Burger King Austria now Asks Customers, ‘Regular or With Meat?’
Burger King Austria is continuing the chain’s introduction of plant-based menu items around the world with a new campaign to promote the burgers, which will be positioned as “the new normal” on...
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K&H: starting school may cost more than ever
Inflation also affects the start of school, parents have to expect higher expenses than before. Nationally, more than 17 percent of the expenses related to the opening of schools are...
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Tomatoes are getting incredibly expensive
In August, we are in full tomato season: it is no wonder that the popularity of homemade fresh produce, homemade tomato juice, tomato paste, and lecho is unbroken, since we...
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These are the best vegetable recipes in the heat
In the summer heat, the last thing we want is to sweat over the stove for hours and fight for the next day’s lunch, even if it is worth cooking...
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Nestlé retains position as world’s most valuable food brand
According to the world’s leading brand valuation consultancy, Brand Finance, Nestlé remains on top by a significant margin, with its brand value worth almost twice as much as the second...
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Aldi Ireland does not operate loyalty schemes or money-off vouchers anymore
A new study by Coyne Research, commissioned on behalf of Aldi Ireland, has revealed for the first time the true cost of current Irish supermarket loyalty schemes and money-off vouchers...
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The epidemic is finally over! Hungary can breathe a sigh of relief!
According to the relevant regulations of the World Organization for Animal Health (WOAH), Hungary regained its freedom from bird flu. In view of the favorable development of the epidemiological situation,...
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South Africa v. European Union: the target is orange
South Africa appealed to the WTO against the mandatory cold treatment of fruit in the EU. A dispute broke out between the two parties because of the oranges, because oranges...
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While raspberries are becoming more and more popular abroad, their growing area is getting smaller and smaller here
According to KSH data, raspberries were grown on 1,500 hectares in Hungary at the turn of the millennium, and since then the cultivated area has been continuously decreasing. Serbia is...
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Farmers can count on the government even in drought
Hungarian farmers can count on the government just as they have until now, even during the historic drought, the Minister of Agriculture said on Thursday in Újszilvás, where he explained...
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Fidelity: Hungary will be less sensitive to pressure towards further devaluation of the forint
Inflation, central bank interest rates, energy prices – the countries of Central and Eastern Europe are reacting to the changes at a high pace, and the experts of Fidelity International...
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