Market News

Next year, the world economy as a whole may sink into recession

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

“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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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