Market News

The euro area’s foreign trade deficit decreased in May

The negative balance of the foreign trade balance of the eurozone (in trade with countries outside the eurozone) was 26.3 billion euros in May, smaller than the record deficit of...

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Wheat and dairy punctuate 12.2% spike in food prices in the last year in the US

Prices for food-at-home shot up 12.2% over the last year, the largest 12-month jump posted since April 1979, according to the Bureau of Labor Statistics’ Consumer Price Index for June. Overall inflation was 9.1%...

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Such serious consequences can be caused by the crisis that is tearing at our necks

The growth of the world economy is already slowing down, and Europe is facing increasing energy supply problems. As winter approaches, the chance that you will have to save on...

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AM: the Hungarian Fisheries Operational Program Plusz is before the European Commission

On July 14, 2022, the Ministry of Agriculture officially submitted the 2021-2027 Hungarian Fisheries Operational Program Plusz (MAHOP Plusz) to the European Commission, the ministry told MTI on Friday. The...

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Restrictions due to avian flu have been lifted in Hungary

The protection against the bird flu epidemic proved to be successful: tests have not detected the virus in the domestic poultry population for more than a month. Taking into account...

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BDO: The food chain supervision fee must be paid by the end of the month

The payment of the fee must be preceded by a declaration, and the tax number of the person obliged to pay and the number of the downloaded financial document must...

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The cooking oil market is a bit calmer, but the recipes have changed

Although the edible oil market seems to have calmed down a bit, and in Hungary we cannot speak of a general lack of edible oil at all, it cannot be...

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The World’s 50 Best Restaurants awards ceremony – live broadcast on July 18, 2022, from 9:30 p.m.

The world-famous gastronomic celebration brings the international restaurant community to the British capital with an event held at the historic Old Billingsgate Market. Special guest at the 2022 awards ceremony...

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The Ministry of Agriculture expects significant foreign demand for Hungarian wines

An exceptionally good grape harvest is not expected in Europe this year, so it is expected that there will be a significant demand for Hungarian wines this year – said...

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Poultry and sow farmers may require extraordinary support

Poultry and pig farms can submit their support requests electronically between July 16-25 to the Hungarian Treasury, which will pay legitimate claims no later than September 30, 2022 – the...

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Ministry of Agriculture: the grain accumulated in Ukraine must be released as soon as possible

Hungary is ready to cooperate closely and help in order to immediately expand Ukraine’s grain exports, Minister of Agriculture Nagy István declared after meeting with Mikola Szolski, Ukraine’s Minister of...

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The increase in wholesale prices slowed down in Germany in June

In June, the increase in wholesale prices in Germany slowed both monthly and annually decline. The German statistics office, Destatis, announced on Thursday that wholesale prices increased by 0.1 percent...

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(HU) Az Ukrajnában felhalmozódott gabonát minél előbb ki kell szabadítani

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Recruitment is intensive – never before have so many people been sought as now

There are more and more positions waiting to be filled, the number of advertisements is increasing: companies have never been looking for as many employees as in the second quarter...

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Spain To Raise Inflation Forecast After Prices Climb: Economy Minister

The Spanish government will raise its inflation forecast after annual inflation hit a 37-year high in the period to June, economy minister Nadia Calvino said on Thursday. The Spanish inflation...

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Magazin: Retail trade is holding on, but there is room for improvement

Last year 46,000 more workers retired in Hungary than 18-year-olds became adults. The majority of companies don’t have a strategic workforce plan, which takes into consideration the future demand for...

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Sustainability Efforts No Longer A ‘Nice To Have’ For Food Outlets

One in five meals in Europe is consumed from out-of-home food services, namely restaurants, food deliveries and food outlets, including those found in supermarkets. Even when eating out, consumers want...

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(HU) A magyar haltermelés újabb mérföldkövéhez érkezett

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AM: the Derecske apple has received EU protection

The European Commission has approved that the Derecske apple as a name receives EU protection, to be added to the list of products whose names are protected in the European...

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Unemployment stagnated at a record low in the OECD

In the 37 member states of the Organization for Economic Co-operation and Development (OECD), unemployment stagnated at a record low of 5 percent in May. The indicator decreases or stagnates...

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German inflation slowed in June

Inflation slowed down in Germany in June in an annual comparison, the German Federal Statistical Office announced on Wednesday as final data. According to Destatis data, the rise in consumer...

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K&H: The Russian-Ukrainian conflict and high inflation are felt by the corporate sector

The K&H large company growth index dropped back to minus three points for the second quarter of 2022, as inflation, the Russian-Ukrainian conflict and the weak HUF are causing significant...

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(HU) A rezsicsökkentésnek ebben a formában vége

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Turkey in the spotlight

Our magazine interviewed Severus Nacsa, sales and marketing director of Gallfood. – How well is turkey meat known in Hungary and how popular is it among consumers? – One of...

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Ice tea has survived the ice age

András Palkó, marketing director of Coca-Cola HBC Magyarország told our magazine that the ice tea category stepped on a growth path in 2021, after the troubles of 2020. The reopening...

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(HU) Júniusban tovább nőtt az infláció Csehországban

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(HU) Az igazi drágulás csak most jön a hazai élelmiszerláncokban

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(HU) A magyar állattartók is lépésre kényszerülnek

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