Market News

The land sale program continues

As a continuation of the land sale program started in 2020, the National Land Center (NFK) will announce for sale a total of thousands of pieces of state land with...

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Coca-Cola Named Ireland’s Biggest-Selling Brand For 18th Year In A Row

Coca-Cola has been named the biggest-selling brand in Ireland for a record 18th year in a row, according to the latest edition of the Checkout Top 100 Brands report, published by Checkout magazine in association with NielsenIQ. The...

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Hungarian linden honey won the American honey competition

Hungarian honey has been synonymous with the best of our land for decades. Hungary has now become the third largest honey-producing country in the European Union, and the reputation of...

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The Ministry of Agriculture welcomes the MNB’s position regarding the agricultural loan moratorium

The Ministry of Agriculture draws the attention of farmers to the position of the Hungarian National Bank, which informs about the procedure for bank classification of loans in payment moratorium....

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Agricultural Marketing Centre: food exports in Asia may pick up

Food&HotelAsia (FHA), one of the most important international food and beverage exhibitions in the ASEAN (Association of Southeast Asian Nations) region, has opened its doors in Singapore. September 5-9, 2022....

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Finally, some good news: tourism has recovered after covid

The increase in guest nights dropped to 14.6% from 58% in the previous month, due to the gradual lifting of restrictions against the epidemic a year ago, but the sector’s...

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In trouble, logistics and water transport are also facing challenges

There are basically three things needed to transport goods by river: an operational ship, suitable goods and sufficient water. However, there are serious problems in virtually all of these areas...

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The farmers don’t sell the crop, so they wait for even better prices

Although it has been somewhat forgotten in recent years, due to the current economic situation, the institutional system of public warehousing may revive in Hungary. The high crop prices favor...

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Profession.hu: salary requirements have changed a lot

The fall semester has started at the universities, on the occasion of which Profession.hu prepared its latest analysis of the wage demands and career orientation of employees with various higher...

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Meat advertising is banned in a Dutch city as part of the fight against climate change

For the first time in the world, the advertising of meat products is banned in Haarlem in the Netherlands, after the municipality classified meat as one of the products contributing...

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Supermarket Spend Sees Biggest Jump in 18 Months, Despite Inflation Hitting 14 Year

Supermarket spending has seen the biggest increase for 18 months, despite inflation hitting a new 14-year-high, new data has revealed. According to the BRC-KPMG retail sales data, food and drink sales...

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KSH: the turnover of retail stores increased by 4.3 percent in July

In July, according to raw data, the volume of retail trade exceeded the previous year by 3.8 percent, adjusted for calendar effects, by 4.3 percent, the Central Statistical Office (KSH)...

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Analysts: the adaptation of households is indicated by the retail trade data

Retail trade data for July indicate that households have begun to adapt to the stricter economic environment and that in the third quarter, consumption no longer represents as much of...

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We buy less and less food

In July, the volume of retail trade was 4.3% higher than a year earlier. However, the details behind the apparently strong data strongly shade the picture: with the exception of...

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Good news for Hungarian livestock breeders! South Korea has lifted its ban on European pork and poultry imports

South Korea lifted the ban on the entire European pork and poultry trade due to African swine fever in 2018, and due to bird flu in 2021, the measure benefits...

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In July, retail sales rose in the euro area and the EU

In July, retail trade turnover increased by 0.3 percent compared to the previous month in both the euro zone and the countries of the European Union, based on the Monday...

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The wave of development in Hungarian agriculture continued

The amount of agricultural investments increased by almost 21 percent in the first quarter of this year, and by more than 25 percent in the second quarter. The developments that...

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FruitVeb: gardeners fear a shortage of fertilizers

The EU’s sanctions policy also affects the supply of fertilizers, as the gas crisis worsens, a shortage may develop – read the statement of the FruitVeb Hungarian Vegetable and Fruit...

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The government decided on an extraordinary agricultural interest subsidy program

In view of the extremely severe drought situation, in order to improve the financing situation of agricultural production and ensure the security of the food supply, the government will create...

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The Economic Competition Authority has noticed influencer marketing, new rules are coming!

In the fall, the Economic Competition Authority (GVH) will publish the information on the marketing of the new influencer, which will give opinion leaders much more detailed guidelines for legal...

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Marks & Spencer: Partnership with Benefit Cosmetics

Marks & Spencer has entered into a partnership with Benefit Cosmetics, which will see the retailer sell the brand in its UK stores as well as online from this autumn....

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Is fast delivery more important than everything else? – Future Trade conference – Which way are logistics and delivery services going?

Logistics and shipping were also discussed at the Future Trade conference in May. András Táncsics, the CEO of Boxy Logisztikai Zrt. was the first speaker. He introduced the future-proof logistics...

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Online Retailers Face Cardboard Shortage

According to the German E-Commerce and Mail Order Association (bevh), online retailers are currently suffering from significantly rising costs for cardboard packaging. Bottlenecks could arise if the energy crisis intensifies...

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PepsiCo rolls out healthier crisps

PepsiCo has launched its first ever high in fat, salt or sugar (HFSS) compliant range of “healthier” Walkers and Doritos crisps. Popular crisp brands Walkers Baked and Doritos Dippers have...

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Magazine: We want to use less plastic

Plastic Free July is a worldwide initiative that is getting more popular year after year: its goal is to turn this month into a plastic-free one, when consumers don’t buy...

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German Consumer Sentiment Reaches All-Time Low In September

According to the German Retail Association (HDE), consumer sentiment in the country deteriorated again in September amid concerns about the energy crisis, high inflation, and COVID-19 related uncertainties. Having reached an all-time low...

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Tesco to increase store security as “desperate people” turn to shoplifting

Tesco will increase security measures across its stores as “desperate people” turn to shoplifting amid the cost-of-living crisis. Chairman John Allan said shoppers will see extra security tags on food as well...

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TIM State Secretary: the number of products with the eco-label is already close to 90,000

The increase in interest in environmentally friendly products is shown by the fact that the number of products with the eco-label is now close to 90,000 – the state secretary...

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Extra caution is justified: bird flu is once again spreading throughout Europe

From Portugal to Finland, the highly pathogenic avian influenza virus has been detected in several European countries in recent weeks, which clearly proves that the disease continues to pose an...

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The Association of European Fertilizer Manufacturers is asking the EU for help due to high gas prices

According to Fertilizers Europe, much of European fertilizer production has been forced into temporary or complete shutdown due to exploding gas prices, which are more than 1,000% higher than a...

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