Market News
GKI: A korábbi laza költségvetések árát fizetjük meg most
Government spending in recent years was initially aimed at mitigating the harmful economic effects of the COVID-19 epidemic, and then the stated goal became the forced acceleration of growth. If...
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From today, the SPAR group awaits its customers with more than 700 discount offers, and the price of 300 products is frozen within the framework of the SPAR ÁRSTOP Extra Promotion
A government decree obliges food retail stores with a sales revenue exceeding one billion forints in 2021 to introduce a weekly discount of 10% in twenty product groups between June...
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BMI: Moderate expansion in May
The seasonally adjusted May value of the Purchasing Manager Index (BMI): 57.1. Compared to the previous May values, this year’s value is higher than the long-term average for this month...
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We are one big step closer to the circular economy
As of July 1, the environmental protection product fee and extended producer responsibility system will be transformed in such a way that polluters will pay more for the removal, treatment,...
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Nébih: the manufacturer Sondey has recalled corn thalers
Due to the presence of unauthorized pesticide residues (chlorpyrifos), the manufacturer Good Food Products has recalled the 105 gram Sondey Corn Flakes amaranth and the 105 gram Sondey Corn Flakes...
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K&H: Family companies are on a moderate growth path
More than half of family companies are experiencing the current economic situation more severely than the coronavirus epidemic. The mood is even more gloomy in the entire large corporate sector,...
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From now on, applications can also be submitted for shortbread made with butter
The range of baked goods eligible for the KMÉ trademark has been expanded, and from now on, applications can also be submitted for shortbread made with butter. Producers of sweet...
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Lurpak faces shopper backlash after shrinking block of butter
Arla Foods butter brand, Lurpak is facing negative customer reactions as it has shrunk the size of a block of butter by 20%. The Danish brand has cut its 250g...
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AM: Hungarian-French relations must be further strengthened
Hungary is committed to strengthening Hungarian-French agricultural professional, political and commercial relations, according to a statement issued by the Ministry of Agriculture (AM) on Thursday, István Nagy, who received Claire...
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Online sales forecast for Germany tempered
Inflation and subdued consumer confidence are expected to dampen online spending in Germany, according to the latest announcement by Handelsverband Deutschland (HDE). In its HDE Online Monitor 2023, the retail...
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Penny Italia Acquires 16 Stores, Grows Presence In Rome
Penny Italia has concluded the acquisition of 16 stores from Gruppo Faranda (Tuodì and Fresco Market banners) and a Gruppo Pam franchise. Of this total, 13 outlets are located in...
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Retail is booming like never before on social media
A forecast by Deloitte predicts that the number of people who shop on social media platforms will grow to 5 billion in 2023. Influencers don’t just inspire the members of...
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GVH organized a workshop on managing food inflation
The competition authorities of the European Union discussed the management of food inflation in an online workshop organized by the Economic Competition Authority (GVH) on Wednesday, the agency informed MTI....
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Adult training gives companies a competitive advantage
Continuous technological development and the changing economic environment place increased demands on both employees and companies. Companies can gain a competitive advantage if they realize that it is worth investing...
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For three-quarters of Hungarian customers, fast delivery is extremely important when ordering online
Almost 40 percent of online purchases in Hungary fail because the customer cannot find a fast enough delivery option among the delivery options of the given webshop. This is revealed...
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The EU approved the use of the new e-signature platform, the system that ensures the digital management of public administrative matters
Hungary will also be provided with fully digital EU administrative administration, electronic identification and digital signature thanks to the Evrotrust eID unified identification system, which has already passed the evaluation...
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Industrial producer prices have risen, and export prices have already fallen
In April 2023, industrial producer prices rose by an average of 15.9 percent compared to a year earlier. Domestic sales prices increased by 41.9 percent, export sales by 3.3 percent,...
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The Ministry of Agriculture supports new investments worth more than HUF 171 billion
Thanks to the 80% national additional funding, the government has supported agricultural and food industry investments worth HUF 1,300 billion from 2021, in addition to this, another 400 projects will...
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Inflation in Germany also slowed down in May
In May, inflation continued to decelerate in Germany, according to data from the Federal Statistical Office (Destatis) on Wednesday. Based on the agency’s preliminary calculations, consumer prices increased by 6.1...
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The electronic management diary is available from the second half of June
From the second half of June, the electronic management log (eGN), which farmers participating in the new support system must keep, will be available on the electronic interface of the...
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GFM: the volume of investments also increased significantly in the field of agriculture
According to the data of the Central Statistical Office (KSH), in the first quarter of 2023, the amount of investments decreased by 2.8 percent on an annual basis. The result...
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The supervision fee declarations can be submitted without penalty until the second of June
Nébih informs the actors in the food chain that temporary interruptions in the operation of the reporting system may occur due to the currently experienced overload. In order to ensure...
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The European Union should show solidarity with Eastern European farmers
The European Union should show solidarity with the Eastern European farmers in order to ensure that the Eastern European stocks that have become unsold due to Ukrainian grain imports do...
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Agricultural risk management consultations in France
At the end of May, Anikó Juhász, the Deputy State Secretary responsible for agriculture, held talks in Paris on the topic of agricultural risk management. The deputy state secretary first...
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NAK prepared a comprehensive publication on the challenges and development opportunities of domestic agriculture
In recent months, the National Chamber of Agrarian Economy (NAK) has evaluated the sector’s situation and development opportunities in a broad perspective and in detail, taking global factors into account,...
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Proposed tax hike threatens success of alcohol-free beer in Thailand
A proposed tax hike on alcohol-free beer in Thailand could “clip the wings” of this niche category “even before it takes off”, analytics and consulting firm GlobalData has said. Several...
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Lidl And Kaufland Owner Schwarz Group Reports €154bn In Sales
The Schwarz Group, which operates the Lidl and Kaufland chains, has reported sales of €154.1 billion in its 2022 financial year, an increase of 15.4% year on year. The German...
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The World’s Most-Popular Grocery Brands 2023: Kantar Brand Footprint
Kantar has revealed the latest edition of its annual Brand Footprint report, which tracks the most-chosen brands by consumers around the world. The latest edition analyses the purchasing habits of...
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What causes food price increases and how long will they last? György Raskó speaks
The continuous rise in food prices is a global phenomenon that has been causing concern among consumers for more than a year. But how long will this process continue? Haszon.hu...
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Christmas Eve can be a holiday in commerce
In the next year, the number of days off around Christmas would increase according to a fresh draft decree, but it excludes retail employees who work tirelessly during the pre-holiday...
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