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Market News

FAO Food Price Index drops for the fifth consecutive month in August
Date: 2022-09-02 14:55:04

The FAO Food Price Index* (FFPI) averaged 138.0 points in August 2022, down 2.7 points (1.9 percent) from July, registering its fifth consecutive monthly decline. Despite the latest drop, the index remained...

Sustainability: Commitments vs. reality
Date: 2022-09-02 12:57:29

In Poland PwC’s ESG team published the results of a survey in mid-July, which can help to understand the Hungarian retail and consumer industry too. Half of Polish firms are...

Mastercard: the start of school boosts retail traffic across Europe
Date: 2022-09-02 11:59:37

According to Mastercard SpendingPulse™, which measures in-store and online retail sales, total retail sales are expected to increase in the first few weeks of back-to-school compared to last year –...

EY & Oxford Analytica: this is how investors’ expectations become stricter
Date: 2022-09-02 11:46:40

Money in green funds is growing, despite this, raising capital may become more and more difficult even for companies operating responsibly from an environmental, social and corporate governance (ESG) point...

Tesco takes steps to save plastic
Date: 2022-09-02 10:46:22

Tesco has stopped using wrapping on its private label, multipack juice cartons, water bottles and fizzy drinks, to achieve its sustainability goal of saving 45 million pieces of plastic a...

Gfk: moderate growth is expected in the technical consumer goods market after the record year of 2021
Date: 2022-09-02 10:33:58

Moderate growth is expected in the technical consumer goods market in 2022 after the record year in 2021 Demand has already slowed down in the first six months of 2022...

The wine market is more price sensitive than ever
Date: 2022-09-02 10:09:22

The Budavar wine festival will open soon, and there are more and more similar events across the country, for example the Sopron Harvest Days will start soon. How do wine...

K&H: a significant part of Hungarians could only go without pay for 1 month
Date: 2022-09-02 10:02:56

Although salaries have risen significantly in recent years, by more than 15 percent, the period that can be bridged without a salary has not increased. 30-59-year-olds could bridge an average...

On average, young people spend HUF 40,000 during a festival, beer is priced between HUF 400-500
Date: 2022-09-02 09:00:48

More than half of young people go to festivals with parental funds, typically 1-2 times a year, on which they spend an average of HUF 39,312 each, according to research...

August is the month of Hungarian products
Date: 2022-09-02 08:28:15

In August nine Hungarian FMCG manufacturers took part in the Hungarian product month programme, which was organised by Hungarian Product Nonprofit Kft. Managing director Eszter Benedek explained that every year...

Colgate-Palmolive takes over pet food plants from Red Collar Pet Foods
Date: 2022-09-02 07:44:35

Colgate-Palmolive plans to pay USD 700m for three dry pet food manufacturing plants in the USA, currently owned by Red Collar Pet Foods. The factories are situated in South Carolina,...

Magazine: Change is inevitable and urgent
Date: 2022-09-02 06:29:37

According to data from the United Nations, from the food that is wasted globally 3 billon people could be fed. What makes the problem even worse is that 10% of...

Minister of Economic Development: it’s time to put an end to price caps
Date: 2022-09-01 12:22:22

The price caps fulfilled their role, but they are meant to deal with temporary difficulties, and now they are more and more expensive to maintain – said the minister responsible...

A kilo of pork could soon cost up to 4,000 HUF
Date: 2022-09-01 11:04:12

The small producers of the pork sector are extremely disappointed, but the larger meat plants are not optimistic either. A significant increase in the current prices would be justified, as...

A new package of measures was created to help the work of the wine industry
Date: 2022-09-01 10:52:51

In recent years, we have found our way back to the heritage of the ancients, to the traditions of champagne production, and the Hungarian winemakers, who are always looking for...

Fewer animals were sent to the slaughterhouse in the first half of the year
Date: 2022-09-01 10:41:19

In the first half of this year, slaughterhouses in Hungary slaughtered 5.5 percent less cattle, 6.5 percent less pork, and 12.8 percent less poultry, according to a summary published on...

Support options for soil-friendly farming within the framework of the new KAP
Date: 2022-09-01 10:27:09

In the period of the new Common Agricultural Policy (KAP) until 2027, agriculture will receive three times as much resources as before, part of which must be used for soil...

According to the Minister of Agriculture, every challenge proves the importance of agriculture and the food industry
Date: 2022-09-01 10:19:09

Today’s global challenges prove that the importance of agriculture and the food industry is enormous, so it is a good decision to choose agriculture as a career, said the Minister...

In the first half of the year, farmers bought 795,000 tons of fertilizer
Date: 2022-09-01 10:16:25

In Hungary, in the first half of this year, distributors sold 795,000 tons of fertilizer to producers – read the summary published on the website of the Agrárközgazdasági Intézet (AKI)....

Picking of the typical blue grape varieties of the Villány wine region has begun
Date: 2022-09-01 10:02:41

The harvest of typical blue grape varieties has begun and is expected to end in the second half of October in the Villány wine region, where the quantity of the...

Inflation in the euro zone is at a record level, but still much lower than in Hungary
Date: 2022-09-01 09:22:45

In the euro area, consumer prices rose by a record 9.1 percent in August compared to the same month of the previous year, the EU’s statistical office, Eurostat, announced on...

BMI: Growth slowed down in August
Date: 2022-09-01 08:30:45

The seasonally adjusted August value of the Purchasing Manager Index (BMI): 57.8. Compared to the previous August values, this year’s value is higher than the long-term average for this month...

Are “vegan” or “plant-based” products more popular?
Date: 2022-09-01 07:29:44

ProVeg International has analysed the markets of Western Europe, trying to find out how plant-based alternatives can become more attractive to consumers. This would also be important because there is...

Tesco Qualifies For The Most Desirable Company to Work For in UK
Date: 2022-09-01 07:25:05

Tesco has been named the most desirable company to work for according to a new study. The research, conducted by marketing training hub School of Marketing, analysed the top searches for jobs...

Aldi Süd launches fresh produce platform
Date: 2022-09-01 06:27:51

Discounter Aldi Süd has started a new concept that combines fruit and vegetable logistics in one location. The Aldi Süd Fresh-Produce Platform was launched in the Rhine-Main region in July....

Lidl: Rescue bags for imperfect fruit and vegetables
Date: 2022-09-01 05:33:47

Discounter Lidl has introduced a “rescue bag” for less than perfect fruit and vegetables in an attempt to prevent food waste. The 5kg rescue bag contains various types of fruit...

Food security has become a strategic issue in Europe
Date: 2022-08-31 18:03:07

In the past two years, agriculture has faced several serious challenges. All over Europe, agriculture had to survive in extraordinary circumstances, which enhanced the role of food supply – emphasized...

This development also represents the renewal of agriculture
Date: 2022-08-31 17:56:10

Historical opportunity, historical responsibility and historical difficulty – these three concepts characterize Hungarian agriculture today, we need to determine where the world’s agriculture is headed based on them, and where...

István Nagy: Hungarian wine producers are not opponents, but inspirers of each other
Date: 2022-08-31 17:13:26

Hungarian wine producers are not opponents of each other, but inspire each other; this is what drives this sector forward – said the Minister of Agriculture at the ceremonial announcement...

The lack of fodder in organic animal husbandry can be alleviated
Date: 2022-08-31 16:52:50

Regarding this year’s damage mitigation year, the Minister of Agriculture announced a drought for the entire country on August 19, the drought announcement may contribute to the solution of the...

Oldal

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FAO Food Price Index drops for the fifth consecutive month in August Date: 2022-09-02 14:55:04

Sustainability: Commitments vs. reality Date: 2022-09-02 12:57:29

Mastercard: the start of school boosts retail traffic across Europe Date: 2022-09-02 11:59:37

EY & Oxford Analytica: this is how investors’ expectations become stricter Date: 2022-09-02 11:46:40

Tesco takes steps to save plastic Date: 2022-09-02 10:46:22

Gfk: moderate growth is expected in the technical consumer goods market after the record year of 2021 Date: 2022-09-02 10:33:58

The wine market is more price sensitive than ever Date: 2022-09-02 10:09:22

K&H: a significant part of Hungarians could only go without pay for 1 month Date: 2022-09-02 10:02:56

On average, young people spend HUF 40,000 during a festival, beer is priced between HUF 400-500 Date: 2022-09-02 09:00:48

August is the month of Hungarian products Date: 2022-09-02 08:28:15

Colgate-Palmolive takes over pet food plants from Red Collar Pet Foods Date: 2022-09-02 07:44:35

Magazine: Change is inevitable and urgent Date: 2022-09-02 06:29:37

Minister of Economic Development: it’s time to put an end to price caps Date: 2022-09-01 12:22:22

A kilo of pork could soon cost up to 4,000 HUF Date: 2022-09-01 11:04:12

A new package of measures was created to help the work of the wine industry Date: 2022-09-01 10:52:51

Fewer animals were sent to the slaughterhouse in the first half of the year Date: 2022-09-01 10:41:19

Support options for soil-friendly farming within the framework of the new KAP Date: 2022-09-01 10:27:09

According to the Minister of Agriculture, every challenge proves the importance of agriculture and the food industry Date: 2022-09-01 10:19:09

In the first half of the year, farmers bought 795,000 tons of fertilizer Date: 2022-09-01 10:16:25

Picking of the typical blue grape varieties of the Villány wine region has begun Date: 2022-09-01 10:02:41

Inflation in the euro zone is at a record level, but still much lower than in Hungary Date: 2022-09-01 09:22:45

BMI: Growth slowed down in August Date: 2022-09-01 08:30:45

Are “vegan” or “plant-based” products more popular? Date: 2022-09-01 07:29:44

Tesco Qualifies For The Most Desirable Company to Work For in UK Date: 2022-09-01 07:25:05

Aldi Süd launches fresh produce platform Date: 2022-09-01 06:27:51

Lidl: Rescue bags for imperfect fruit and vegetables Date: 2022-09-01 05:33:47

Food security has become a strategic issue in Europe Date: 2022-08-31 18:03:07

This development also represents the renewal of agriculture Date: 2022-08-31 17:56:10

István Nagy: Hungarian wine producers are not opponents, but inspirers of each other Date: 2022-08-31 17:13:26

The lack of fodder in organic animal husbandry can be alleviated Date: 2022-08-31 16:52:50