Market News

This is how much a bejgli costs this year at the big food chains

The spectrum is wide: it starts at HUF 1,999, although the fast-food version costs between HUF 3,000 and 3,500, and the really special artisan varieties can cost up to HUF...

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People stock up, which is why there is a shortage of products with a price cap, says István Nagy

Sugar, milk, oil – there is an increasingly serious shortage of these products in domestic stores. However, shopkeepers and the Minister of Agriculture have different opinions about the reason for...

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Salaries at Aldi and Lidl start at 400,000 gross

The wages available at the two large supermarket chains have finally been revealed. Entry salaries are around 400,000 gross, while a store manager can earn up to 1 million forints...

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German retail sales unexpectedly fell sharply in October

Retail sales in Germany fell much more than expected in October, according to Thursday’s report by the German Federal Statistical Office, Destatis. In October, with calendar, seasonal and price adjustments,...

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Retailers should prepare for a low-key holiday season

This year, customers around the world can spend less during the holidays, according to EY’s international survey of 21,000 people. In order to reduce costs and waste, they will save...

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Cheaper products may go under the Christmas tree this year, according to a survey

Four out of ten Hungarian Internet users would save money by buying cheaper products for Christmas, and 55 percent of the respondents already finished their holiday shopping in the period...

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Analysis: UK household food bills increased by more than £200 after leaving the EU

Britain’s exit from the European Union (Brexit) increased the average expenditure of British households on food by more than 200 pounds, according to a study presented on Thursday by one...

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ESG maturity increases the value of the target company in the eyes of investors

Eighty-two percent of the surveyed investors stated that ESG topics are currently being examined during transaction processes, and 67 percent of them would pay a premium for a target company...

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Games are not just for children – ideas to spend the long winter break well

Christmas is approaching, and this year it is accompanied by a longer than usual kindergarten and school break. The cool, gloomy days at the end of the year can be...

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Everyone can be a winner of the new Common Agricultural Policy

Our country has reached a good compromise with the Commission of the European Union regarding the distribution of the funds coming to our country in the next period of the...

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According to a survey, the turnover of Christmas trees is not decreasing

Despite the increase in price, the turnover of Christmas trees will not decrease, mainly buyers will be looking for bigger and more expensive trees – Agroinform told MTI on Thursday....

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Teatime!

Máté Sándor, Jacobs Douwe Egberts Hu Zrt.’s junior brand manager: “In 2020, the first year of the COVID pandemic, tea volume sales jumped 8% in Hungary, which was a very...

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K&H: SMEs are already forced to save on this

Businesses are planning for the next year with fewer new employees: the proportion of those planning to hire has dropped by half, while the last time so many people thought...

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From January, the course of plant protection drone pilot training will change

The National Food Chain Safety Office (Nébih) amended the conditions and procedures for the organization and conduct of the unmanned aerial vehicle (drone) plant protection basic training. The new version...

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Nestlé Develops Powdered Plant-Based Egg Alternative

Food giant Nestlé has announced that it has developed a shelf-stable, plant-based protein blend that replicates eggs. The powdered product, made of soy-based alternative, contains an equal amount of protein...

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The number of animals slaughtered at slaughterhouses decreased in the first three quarters

Fewer animals were slaughtered at Hungarian slaughterhouses in the first three quarters of the year than a year earlier: the number of slaughtered cattle decreased by 7.4 percent, that of...

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Indotek Group strengthens with a new marketing and communications manager

From November 11, Iringó Novák will assume the position of Indotek Group’s marketing and communications manager. The specialist with three decades of industry experience came to Indotek Group from one...

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Tesco launches surplus marketplace to help suppliers slash costs and cut food waste

Tesco has launched a new online marketplace to allow suppliers to slash costs and tackle food waste by selling or donating surplus stock to other manufacturers. The Tesco Exchange service,...

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The increased subsidies serve the productivity of the hungarian agrarium

Those who make a living from agriculture are faced with countless challenges to which they must find answers. High energy and input prices, animal diseases, and the historic drought have...

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Public procurement and competition law: the opening volume of the GVH’s new specialist book series was presented

Radical bleaching can be observed in the area of cleanliness of public procurement procedures and action against corruption – it was said at the professional conference of the Economic Competition...

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The latest Logistics Yearbook was presented

On November 30, the Logistic Yearbook 2023 made its debut at the yearbook presentation event of the Hungarian Logistics Association (MLE). True to tradition, the publication is a collection of...

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Food price caps may remain with us until the middle of next year

István Nagy spoke in ATV’s evening newscast about the fact that price-fixed products should be seen as commercial promotions. At the same time, the CEO of GKI believes that the...

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Carp will be added to the Christmas menu this year

Fish prices have risen, but the increase in consumer prices is not greater than that of other foodstuffs. The cheapest way to get fresh fish is directly from the producers,...

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Is the product tax coming? Young people still consume a high proportion of energy drinks

Young people and school-aged children still consume a high proportion of energy drinks, so it is important to draw attention to this with various attitude-shaping programs – said the Parliamentary...

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János Áder: the fight against the climate crisis involves a technological change

The fight against the climate crisis involves a technological change – said János Áder, former president of the republic, chairman of the board of trustees of the Kék Bolygó Climate...

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There is room for improvement in the Hungarian FMCG sector in terms of digitalization

EDITEL recently conducted research on the archiving of company data and documents, which, among other things, examined how widespread digital archiving is, whether they trust cloud-based services, and whether they...

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With a few simple steps, the amount of donations in Hungary could be doubled

Hungarians would donate twice as much as they do now if they were properly motivated, and although 39 percent of them are already willing to pay more for products and...

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Eurostat: Euro area annual inflation down to 10.0%

Euro area annual inflation is expected to be 10.0% in November 2022, down from 10.6% in October according to a flash estimate from Eurostat, the statistical office of the European...

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According to a research, company managers would avoid the recession with company acquisitions

Every second leader plans to acquire a company within a year, and sustainability will be critical to maintaining competitiveness, according to the global research of the international consulting company EY....

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According to a study, a large group of Hungarians are passively climate conscious

Hungarians acknowledge climate change and its effects better than the European average, but they are less worried about it; when choosing products and services, such as insurance, 41 percent buy...

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