Market News
The growth rate of food prices will already exceed incomes this year
We will start to feel the effects of the war in food prices in the quarter of 2022, and the effects of the Covid crisis are currently still visible. Food...
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Heatflation: How high temperatures drive up food prices
Soaring temperatures in Europe have impacted agricultural production and look set to have a knock-on effect on food costs. As warmer weather becomes the norm, will “heatflation” become a regular...
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Sustainability and competitiveness are incentives for agriculture – a lesson learned from the CSR Afternoon
At the CSR Afternoon organized on July 19, 2022, CSR Hungary and Hipp Kft.’s event on social responsibility and sustainable agriculture, in Hanságliget, the focus was on sustainability and competitiveness...
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Capgemini Research Institute: 34% of employees plan to leave their current job within a year
According to international research examining employee experience within companies, managers are overly optimistic about their employees’ job satisfaction. 28% of non-managerial employees claim that they feel comfortable at work, while...
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New energy prices are challenging everyone
Although we knew this in advance, it still hurts now that we cannot maintain the level of energy prices moderated by utility cost reduction. However government does not release the...
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How The Frozen Food Category Is Seeking To ‘Sustain Its Strength’ After COVID-19?
Like every sector of grocery retail, frozen food has been impacted by the looming threats posed by rising inflation affecting costs at every level, concerns over a strained supply chain,...
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30 new Kulcs Quality Pharmacies waiting for customers across the country
At Kulcs Pharmacies, the biggest pharmacy transformation series of all time has reached a major milestone. In July 2022, the number of pharmacies that offer premium service, have earned the...
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The speakers of the Free University analysed the slowdown in the economy, agricultural self-sufficiency and issues of minority rights
Speakers of the 31st Bálványosi Summer University and Student Camp held lectures on the expected economic recession, the importance of agricultural self-sufficiency, and the issue of minority rights in Tusnádfürdő...
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This is the reason why there are problems with the sugar supply
Although there is currently no question of a nationwide and permanent sugar shortage in Hungary, according to the largest retail chains, many people really perceive it well, and in some...
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KSH: GDP last year also exceeded the pre-pandemic level
Hungary’s gross domestic product (GDP) was higher last year than the year before the coronavirus pandemic, the Central Statistical Office (KSH) announced on Wednesday, in connection with its publication “Hungary,...
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K&H: the number of young people with loans has decreased
The number of young people with loans has decreased in Hungary based on this year’s representative survey prepared for the youth index of K&H Bank, the bank informed MTI. According...
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Nestlé To Develop Immunotherapies For Food Allergies
Biopharmaceutical company Enterome has signed a strategic R&D collaboration and license agreement with Nestlé Health Science targeting food allergies and inflammatory bowel disease (IBD). Enterome is a clinical stage biopharmaceutical company developing...
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Consumer confidence in the euro area and the EU deteriorated in July
Consumer confidence in the euro area deteriorated more than expected in July. On Wednesday, the European Commission announced as preliminary data that the value of the consumer confidence index in...
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This is Hungarians prepare for winter
There is gross inflation in Hungarian stores, and there is no end in sight. Not only the prices of basic foods have gone up, but fresh fruit and vegetables also...
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The growth of Swiss watch exports slowed to 8.1 percent in June
Exports of Swiss watches in June this year increased by 8.1 percent, compared to a year before and amounted to 2.129 billion Swiss francs, the Swiss Watch Industry Association (FHS)...
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ALDI overtaked LIDL in being the UK§s cheapest supermarket in June
Aldi has been named as the nations cheapest supermarket in the month of June, beating rival Lidl for the first time in seven months and saving customers over £25. According to the...
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AM: extended control by Nébih in vineyards and large wineries
This year, a new element is being added to the vintage control program that started four years ago. In 2022, in addition to the usual inspections of vineyards and wineries...
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Unilever cost cuts downsizes Magnum Multipack
Consumer goods company, Unilever has made the size of its Magnum multipacks smaller, as inflation continues to push up the price of grocery products. In a bid to mitigate these...
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Coface reported a not very positive situation
In a short time, companies will be able to calculate the euro exchange rate above HUF 400 in their plans, which can throw up inflation. Although it has achieved one...
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Századvég: the European Commission made a significant contribution to the serious energy situation
The business manager of Századvég Konjunktúrakutató Zrt. on the current channel M1 on Wednesday blamed the European Commission for the “marked” part of the serious energy situation. If it were...
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The subsidiary of Delta Technologies has entered the narrow elite of military supply companies
Delta Systems, a 100% owned subsidiary of Delta Technologies, became a certified NATO supplier based on the decision of the Ministry of National Defense. Pursuant to the qualification, Delta Systems...
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TIM: almost all registered students are already working
16-25-year-olds who received government wage subsidies for vacation employment have been able to apply since mid-June and will start working from the beginning of July. So far, 19,312 high school...
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Agricultural experts: the world’s food economy has reached a turning point
Sorry, this entry is only available in HU....
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Magyar Bankholding expects inflation of 11.7 percent this year and 7.6 percent next year
In the coming months, inflation may rise to 11.7 percent this year, and fall to 7.6 percent next year due to price changes, the weakening of the forint, tax increases,...
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EU urged to be at forefront of cultivated meat research and innovation
Europe is at risk of falling behind in the race to commercialize cultivated meat, heard the first ever European Parliament debate about cultivated meat, held on Wednesday 13 July. The...
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Artificial meats can also be expected to gain popularity in Hungary
Due to climate change, depletion of natural resources, mass migration, epidemics, and the Russian-Ukrainian armed conflict, the world’s food economy has reached a turning point. The listed factors, as well...
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(HU) EY: látványosan nőtt a külföldi befektetések száma Magyarországon
Sorry, this entry is only available in HU....
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Ministry of Agriculture: sustainability and competitiveness are incentives for agriculture
For the government’s agricultural policy, it is important to create a balance between the economic, environmental and social dimensions of sustainability, the importance of which is also confirmed by the...
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Nébih examined dietary supplements
According to the results of the laboratory tests, the amount of omega-3 fatty acids marked on the packaging was correct for all of the 21 dietary supplements tested, and labeling...
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The idea of closing shops on Sunday came up again
After six peaceful years, the idea of closing shops on Sundays came up again. This time, an employee union came up with the new idea of a somewhat modified Sunday...
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