Market News

FAO: The food systems of the future must provide healthy and sustainable diets for all

The food systems of the future must deliver healthy and quality food for all whilst preserving the environment, FAO Director-General José Graziano da Silva said today as he called for...

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Food Prices Expected to Continue to Rise – Industry Experts Warn

As the UK battles with the cost-of-living crisis, industry experts expect food prices to continue to rise, hitting its peak in 2023. According to research by the Institute of Grocery Distribution...

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(HU) Az állatjóléti követelményeknek megfelelő csirkehústermékeket dob piacra az Aldi

Aldi Nord and Aldi Süd have launched fresh chicken meat in Germany that meets the requirements of the European Chicken Initiative. Aldi claims to be the first major food retailer...

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Private labels step up their efforts

Lidl takes transportation into its own hands Lidl has bought a container ship and rented another three, with the goal of managing the constant problems in the supply chain better....

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Magazine: Tamás Éder: “This year will be about survival”

Tamás Éder, president of the Federation of Responsible Food Manufacturers (FÉSZ) talked to our magazine about the state of play in the food industry. – What results did the food...

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The domestic melon season has started

The domestic melon season has started, unlike the past few years, there is a good chance for a “very positive” season – Mártonffy Béla said at the season opening press...

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Customer experience is one of the most important competitive advantages according to a survey

Customer experience (CX) is now one of the most important competitive advantages for companies, but a significant number of Hungarian companies are still at a disadvantage in this area, the...

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The economic barometer of the DIW indicates a gloomy start for the summer in Germany

The June economic report of the economic research institute DIW Berlin does not promise bright prospects for the German economy for the second quarter. The value of the economy barometer...

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Another inflation record was set in the euro area in June

The annual inflation rate of the Eurozone rose to a new record of 8.6 percent in June, from 8.1 percent in May, and was higher than the market expectation of...

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Slovenia buys up all the wheat produced in the country

Slovenia will buy up the wheat produced in the country through the Institute of State Commodity Reserves, and will also provide support to farmers in the amount of 22 million...

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Carrefour has been selling organic food for 30 years

French retailer Carrefour is celebrating the 30th anniversary of its entry into the organic market: they have been selling organic products since 1992. As part of commemorating the anniversary, Carrefour...

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Imperial Brands sells its Russian branch

Imperial Brands – formerly known as Imperial Tobacco Group – will transfer its Russian business to Russia-based investors. The transaction is in line with the group’s previously announced intention to...

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A good season is forecasted

In early May it seemed that this year’s fruit harvest would be quite good, but it is a big question how the price rise wave that is sweeping across the...

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Changing world, changing consumers

According to a GfK study with approximately170 million households in 14 countries, FMCG volume sales will increase by 3% this year; expectation is that value sales will be 13% higher...

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“Smart” laundry detergent refill stations in Lidl stores

In partnership with Algramo, Lidl has decided to launch an automated, touchscreen, liquid refill station in stores, at part of a 6-month pilot project. Shoppers can buy four types of...

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Magazine: Ferrero Group is the new owner of Fulfil Nutrition

Ferrero has signed a definitive agreement to buy Irish vitamin and protein bar producer Fulfil Nutrition. The value of the transaction is estimated to be around EUR 150m. Based in...

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MNB director: inflation peaks in the autumn months

Inflation peaks in the autumn months and then slowly declines, returning to the central bank’s tolerance band at the end of 2023 and reaching the 3 percent target in the...

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AM: The application for support for small agricultural holdings was popular

One of the most successful calls of the Rural Development Program was the tender scheme for the support of small farms, which ended on 31 May and helps small farmers...

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KSH: Industrial producer prices rose by 32.3 percent on an annual basis

In May, industrial producer prices rose by 32.3 percent year-on-year and by 2.6 percent month-on-month. Domestic sales prices were 43.3 percent higher, and forint-denominated export prices rose 26.7 percent, the...

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K&H: Sustainability is important to companies, but they do little for it

In Hungary, the majority of company executives have already recognized that sustainability has a significant impact on the economy, which needs to be addressed, but far fewer are taking real...

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German retail sales declined in real terms on an annual basis

Retail sales in Germany were mixed in May, growing more than expected on a monthly basis, but declining more than expected on an annual basis. The German Federal Statistical Office...

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Unemployment in the euro area has fallen to a record low

Unemployment fell to a record high in the euro area in May, while it stagnated in the European Union. The EU’s statistical office, Eurostat, said on Thursday that the unemployment...

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(HU) Intrum: Gátolják a magyar cégek növekedését a nemfizető ügyfelek és a hiteltartozások

Sorry, this entry is only available in HU....

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Żabka Smart opens in Poznań

Polish retailer Żabka has introduced new technology in its Poznań store, which will improve how its franchisees operate. “Żabka Smart” communicates with shop assistants, performing a number of activities for...

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Nomad Foods and Innoget launch open innovation portal

Nomad Foods has teamed up with global innovation network Innoget, to launch an open innovation portal to accelerate food technology cooperation. The website will facilitate solutions for some of the...

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Magazine: Shoppers are buying more, but they do it less often

Csilla Czikora, NielsenIQ’s client service director responsible for manufacturer partners analysed the trends of 2021, and she also gave an overview of what happened in the first quarter of 2022....

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GKI: Forecast for 2022

GKI has revised its growth forecast. For 2022, it raised its GDP forecast to 3.5-4 per cent from 2.5-3 per cent previously, and lowered its GDP forecast for 2023 to...

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The new subsidized loan program starting in July will be popular

The Széchényi MAX program, which will be launched in July, will be a great help to micro, small and medium-sized enterprises, as it will provide financing at a better interest...

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Horticulture will continue to be a major product line in the future

The horticultural shooting sector is facing significant development opportunities, including the domestic tomato shoot, where the good results achieved in terms of yield may increase with the new investments, Juhász...

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