Market News

Professional association: seed shortage can be avoided by changing the law

Due to the lower yield averages and poorer quality caused by the extraordinary drought, the Ministry of Agriculture has introduced relaxations in the classification of eared seeds at the suggestion...

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AM: the government’s goal is to further develop irrigation farming

Irrigation is a public interest, the basis of a safe food supply – stated Minister of Agriculture István Nagy in a video published on his social media page, in which...

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Aldi retains cheapest supermarket title in UK

Aldi has been declared the UK’s cheapest supermarket for the second successive month by consumer watchdog Which?, undercutting Lidl by a mere £1.38 in an average shop. Customers at Aldi...

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Cosmetics industry reimagines packaging for sustainability reasons

Cosmetic packaging is experiencing a shift toward more interactive and environmentally sustainable packaging solutions amid increasingly stringent legislative and consumer pressure. PackagingInsights explores the latest trends in cosmetics packaging with experts from...

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Coca-Cola Europacific Partners Raises Full-Year Revenue

Coca-Cola Europacific Partners has said that it expects pro forma comparable revenue growth of 11% to 13% for the full year, up from its previous forecast of 8% to 10%. In...

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NAV found cold cuts and fruits delivered without refrigeration in the heatwave

The tax inspectors found more than six hundred kilograms of cold cuts, transported without refrigeration in the heatwave, in a van heading from Budapest to Nagykanizsa on the Somogy county...

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Beiersdorf Reports ‘Strong’ First Half, Consumer Sales Up 11.7%

Beiersdorf, the maker of Nivea, has reported a 10.5% increase in sales to €4.5 billion in the first half of its financial year, with its consumer business segment seeing sales up 11.7%....

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We can see a strong price increase at the meat counters in the near future

The pork consumption of Hungarians has changed significantly in recent decades: although after the change of regime, the pork and meat products preferred by consumers were partially replaced by products...

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Research: the drought situation in Europe demands an immediate solution

The drought situation demands an urgent solution to the serious situation of European agriculture and the reconstruction of soil moisture – ELTE researchers warn. ELTE’s announcement on Wednesday stated that...

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Here’s another piece of evidence: The ice damage mitigation system has nothing to do with drought

On July 30, a marked cold front passed over our country. Due to the threat of hail, the National Meteorological Service issued an alert for almost the entire country, and...

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Food portions in stores became smaller – consumer protection also reacted

For a year and a half, napi.hu monitored the stores’ offerings and found that certain products are now being sold for less for the same amount of money as before....

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A kilo of bread will soon cost 1,000 HUF

Bakers are preparing to raise the price of bread and all their other products, because in addition to raw materials, energy is also rapidly becoming more expensive. In a few...

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Árukereső.hu: this is what is in the greatest demand right now

We recently wrote about how products related to saving and energy management come up on Vatera, and now Arukereső has collected the top searches. In Hungary, the number of searches...

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Retail trade slowed down sharply

Falling short of expectations, according to the raw data, the volume of retail trade increased by 4.1% compared to the same period of the previous year, adjusted for the calendar...

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DSM predicts that consumers will switch from more expensive meats to poultry

From the Tuesday forecast of the Dutch chemical company DSM, it can be read that due to the constantly rising food prices, customers are increasingly choosing cheaper poultry meat instead...

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Hungary is a committed partner of FAO in achieving sustainable development goals

Oszkár Ökrös, the Deputy State Secretary responsible for international relations at the Ministry of Agriculture, received Vladimir Rakhmanin, Deputy Director-General of the UN Food and Agriculture Organization (FAO), Regional Representative...

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German Non-Alcoholic Beer Production Sees 74% Growth Over Decade

Non-alcoholic beer production in Germany has increased by 74.1% in the past ten years, according to the latest data from the Federal Statistical Office (Destatis). The production volume was 236...

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US economy proves strong enough ‘to keep recession at bay’

Despite two consecutive quarters of decline, the U.S. economy still does not appear to be in a recession and remains unlikely to enter one this year, National Retail Federation chief economist...

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These are the products most people are searching for during crisis

Online trade is also being profoundly transformed by the crisis: interest in swimming pools and mobile air conditioners has declined, but more and more people want bicycles, tile stoves, sparhelts...

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Hungary’s Sugar-Free Cake is not only grandma’s favorite

The creation of the Virág Cukrászda és Kávéház in Szeged, made without added sugar, won the Sugar-Free Cake of Hungary competition, which is announced every year by the Egy Csepp...

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Would you have thought? It reduces food waste if there is no expiration date on the packaging!

The shelf life refers to the quality of the food and suggests when the taste and texture of the product will be optimal. But there is no need to rely...

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August is also the month of domestic products this year

On the initiative of Magyar Termék Nonprofit Kft., August is also the month of Hungarian products this year, the organization announced on Tuesday. The campaign this year is for Abonett...

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Fertilizer sales were interrupted in the second quarter

In the second quarter, fertilizer sales in Hungary decreased by 44 percent compared to the same period of the previous year, while sales prices rose by 2.2-3.8 times – read...

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Carbon labels prove cool for schools

Sodexo has introduced carbon-labelled school meals at 12 secondary academies following a successful trial earlier this year. The catering firm used CO2e labelling app Klimato to calculate the carbon footprint...

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BIOFACH lessons 2.: In Hungary, drought is the main problem in addition to the energy crisis

The main theme of the 33rd BIOFACH International Bio-Food and Bio-Goods Trade Fair held in Nuremberg this time was climate change, and at the forum organized by ÖMKi, experts mainly...

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Morrisons is the first supermarket to launch carbon neutral eggs

Morrisons has become the first supermarket to launch its own range of carbon neutral eggs. The move is part of the Big 4 grocer’s commitment to be directly supplied by ‘zero emission’...

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Lessons learned from the 33rd BIOFACH international bio fair

For the tenth time, the Ecological Agricultural Research Institute (ÖMKi) organized the East-Central Europe section at the world’s leading organic fair. Hungary is recognized as the regional flag-bearer at the...

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(HU) Megtört a jég: a háború kezdete óta elindulhatott az első ukrajnai gabonaszállítmány

Since the war in Ukraine, which began on February 24, the country has not delivered grain, even though Ukrainian wheat and corn are in great demand worldwide. Now, however, a...

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According to the latest surveys, this is the reason why our everyday life has become so much more expensive

In May, the value of exports expressed in euros increased by 29.5 percent, that of imports by 31.4 percent, the liabilities were 95 million euros, the balance worsened by 166...

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Retail sales in Germany fell to a record level in June

In June, retail sales in Germany decreased more than ever in real terms compared to a year earlier, but in nominal terms the decline remained below 1 percent, according to...

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