Market News
Next year, the world economy as a whole may sink into recession
Date: 2022-09-21 14:27:24
Players in the global corporate sector now see almost a half chance that the world economy will sink into recession in the next year, according to the September global survey...
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The good, the bad and the new
Date: 2022-09-21 14:05:30
“In the summer of 2021 certain single-use plastics were banned in Hungary, but many partners interpreted the new law as it referred to all single-use plastic products. This resulted in...
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According to the Hungarian Bakers’ Association, bread continues to become more expensive
Date: 2022-09-21 13:16:09
In Hungary, the highest food inflation in the Union was measured in August compared to a year ago: bread, meat, cheese and many basic foodstuffs rose in price the most...
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The bill has arrived! – an Italian bar exclaimed
Date: 2022-09-21 10:39:12
As with most companies in Europe, Italy also has serious problems managing energy prices that have increased several times. From large factories to small cafes, the owners are calculating whether...
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Secretary General of the National Trade Association: the price cap can be a big problem
Date: 2022-09-21 09:58:14
According to György Vámos, Secretary General of the National Trade Association, procurement prices – the transfer prices of the food industry – are rising even faster than consumer prices, which...
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The officially priced firewood program has started
Date: 2022-09-21 09:50:23
The official price firewood program has started, you can already register with the intention to purchase at the forest farms. The request can be made in person, by phone or...
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MATE’s new animal station helps pass on top genetic abilities
Date: 2022-09-21 09:25:58
The Embryo Transplantation Center operating on the Kaposvári Campus of MATE has been expanded with a special animal station. The development provides a high-security, stress-free, isolated environment for daily treatment...
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According to the health economist, the market for tobacco products has changed
Date: 2022-09-21 09:12:52
The total turnover of tobacco products per thread has barely changed in four years, this year’s consumption even increased compared to the previous year’s data, and all of this is...
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In this way, farmers can find out the condition of the soil they manage
Date: 2022-09-21 08:45:06
Knowledge of the condition of soils, understanding of the processes taking place in the soil, and the demand for soil-related information are significant and constantly expanding both at the domestic...
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Aldi opens checkout-free store in Utrecht
Date: 2022-09-21 08:02:07
Aldi has opened a new checkout-free store concept, Aldi Shop & Go, in Utrecht city centre. The new test store utilises a combination of shelf sensors and roof-mounted cameras to...
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With the participation of István Széchenyi University, the Hungarian spraying drone is being prepared for the international market
Date: 2022-09-21 07:50:53
István Széchenyi University is an important player in drone research. This area was strengthened by the fact that last year, together with ABZ Drone Kft. and MIB Invest Group Kft.,...
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British Consumers Favour Cheaper Own-Brand Alternatives – Forbes Study Finds
Date: 2022-09-21 07:46:27
A new study from Forbes Advisor has revealed that four-in-five (82%) Brits have switched well-known brands for cheaper own-brand alternatives, as the cost-of-living crisis intensifies. The price comparison and financial...
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Diageo to open carbon neutral brewery in Ireland
Date: 2022-09-21 07:00:40
Diageo will invest EUR 200m in Ireland’s first carbon-neutral brewery on a greenfield site in county Kildare. When fully operational with a capacity of 2 million hectolitres, it will be...
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Experts urge drastic measures: the food supply of the entire world may depend on it
Date: 2022-09-21 07:00:26
The participants of the summit formulated a seven-point action plan on consolidating global food systems and addressing known challenges and problems. On September 20, 2022, the leaders of the governments...
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Lidl remains the fastest growing supermarket in the last 12 weeks
Date: 2022-09-21 02:58:03
Lidl remains the fastest growing supermarket in the last 12 weeks ending 10 September, with sales soaring by 9.4% as UK shoppers buy little and often to help manage rising...
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István Nagy: In Hungary, the population is provided with high-quality, safe food
Date: 2022-09-20 13:25:04
It is important to keep in mind that the demand for food is relatively inelastic, the everyday ingredient will always be needed, therefore a prudent investment in the sector, a...
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Inflation is lower in Romanian grocery stores than in Hungary
Date: 2022-09-20 13:02:35
Although, according to official data, the rate of inflation in Romania was not much lower in August than in Hungary, the prices of several products that are extremely expensive at...
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153 million tons of food are thrown away in the European Union every year
Date: 2022-09-20 11:37:55
About 153 million tons of food are thrown away in the European Union every year, almost 15 million tons more than what is imported, the British daily Guardian wrote on...
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IBO’s 2022 Global State of the Blueberry Industry Report available for free
Date: 2022-09-20 11:00:06
The International Blueberry Organization (IBO) is pleased to announce that its 2022 Global State of the Blueberry Industry Report is now available, providing the industry with an essential resource available...
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Shops and restaurants try hard to save on mustard
Date: 2022-09-20 10:48:24
In France, the annual consumption of mustard reaches one kilo per person, and with this they lead the world ranking. The region is currently struggling with a mustard shortage, and...
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Stability in a chaotic world
Date: 2022-09-20 10:44:46
Delta Truck/VIARENT KFT. can feel the disruptions in the supply chain and the spare part shortage resulting from this. Managing director Zsombor Páll: “Ordered vehicles arrive late or they aren’t...
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Sustainability and Hungarian companies
Date: 2022-09-20 10:25:29
GKI Economic Research did a representative survey in May 2022, with the participation of 964 companies that employ more than 5 people. The topic was the environmental consciousness and the...
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Association of Hungarian Shopping Centers: many shops are in big trouble right now
Date: 2022-09-20 10:24:41
Due to the extraordinary circumstances in some shopping centers, for example, the temperature of the common areas was raised by a few degrees during the summer, the shops were informed...
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The Agricultural Széchenyi Investment Loan Program MAX
Date: 2022-09-20 09:55:39
The new, highly state-supported loan product can be widely used for agricultural investment credit purposes and for the acquisition of related working capital. A loan with a particularly favorable interest...
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For the domestic fruit and vegetable processing industry, the energy subsidy comes late
Date: 2022-09-20 09:15:07
In a statement, FruitVeB welcomes the government’s efforts to help the processing industry and proposes 25% of the annual cost increase as the basis for calculating the subsidy. At the...
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Amazon to match Tesco’s prices
Date: 2022-09-20 08:53:54
In a new scheme from Amazon Fresh, which delivers groceries to Amazon Prime members, the service will match its prices to Tesco Clubcard deals on everyday items. As the economic...
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They’e experimenting with growing half a thousand varieties of figs in Becsehely in Zala
Date: 2022-09-20 08:40:11
About half a thousand varieties of figs are being experimented with in Becsehely, Zala county, where almost half a hundred varieties were judged by professionals and laymen on Tuesday; they...
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Every third organization expects a recovery in the Hungarian economy within two years
Date: 2022-09-20 08:10:53
More than a thousand domestic organizations operating in the field of farming, management and HR have declared what effects they expect in the shadow of the Russian-Ukrainian war. The online...
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UK: Half of Consumers Trading Down to Value Alternatives
Date: 2022-09-20 08:00:35
Around half of UK consumers are trading down to value alternatives as a result of the ongoing cost-of-living crisis, new research has revealed. According to the Retail Economics-HyperJar Cost of...
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Workers from Nepal pick apples in Croatia
Date: 2022-09-20 07:00:39
Tractors are parked in one of the largest Croatian orchards. Baskets are empty. Six thousand tons of Fuji, Breborn, Jonagold, Golden delicious, Granny smith and Gala are waiting on the...
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