Market News
Consumer Prices In China Rise At Fastest Rate Since April 2020
Consumer prices in China rose at the fastest pace since April 2020 in September, driven largely by food costs, limiting the scope for more policy easing to prop up a...
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The price of greenhouse tomatoes in Poland has fallen significantly
Tomato prices fell by almost 20% in the previous week. Due to the expansion of the seasonal supply, the prices of greenhouse tomatoes in Poland fell by an average of...
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Aldi To Recruit 1,000 Workers In Spain In Fourth Quarter
Discounter Aldi has said that it is looking to recruit 1,000 workers in Spain during the last quarter of the year, ahead of the festive season. The company said it...
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A third of employees are worried about the livelihood crisis
Companies not only have to deal with rampant inflation and skyrocketing utility bills in the deteriorating economic environment, but they also have to pay more attention to their employees than...
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Szijjártó: the railway terminal in Bánoslitke will play a major role in alleviating the world food crisis
The railway terminal in Bánoslitke will play a significant role in ensuring the continuity of Ukrainian grain exports, which were interrupted due to the war, and thus in alleviating the...
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BAT claims heated tobacco products are less harmful than cigarettes
BAT believes a year-long study, involving 300 healthy individuals and evaluating the potential harm reduction of using heated tobacco products compared to cigarettes, will help expand the category of alternative...
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Sunday closing is mandatory this time
This Sunday falls exactly on October 23, so Hungarian customers should prepare for it and do their bulk shopping on the other days of the week. Incidentally, this is the...
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Serious question: do you know how much you waste?
The National Food Chain Safety Office (Nébih) is waiting for applications from households for its fourth food waste assessment. Since 2016, the office has been monitoring the development of the...
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Retailers are considering legal action because of deposit return scheme
Retailers plan to take legal action against the Scottish government’s deposit return scheme, saying it will impose impossible financial demands on thousands of businesses. They claim that with less than...
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Colruyt uses less water thanks to recycling waste water
Belgium’s Colruyt Group has reduced water consumption at three sites in Halle by approximately 8,000m³, by building a water treatment plant at its distribution centre in Dassenvel at the end...
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World’s First Plant-Based Honey To Launch In Europe Next January
One of the largest European organic food producers, Narayan Foods, is preparing to launch the world’s first plant-based honey in select European countries early in 2023. Narayan’s honey is the...
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Before the change, EU regulations on substances that come into contact with food
With a public consultation questionnaire, the EU seeks the opinions of people, businesses and other professional actors for the review of EU regulations on substances that come into contact with...
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Metro Announces New Water Conservation Target For 2030
German wholesale giant Metro aims to reduce water consumption across its operations by 10% per square metre of net operating space by 2030 compared to the base year 2021. The...
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Mars reaches for the clouds with Accenture
Confectionery heavyweight Mars will utilize the tools of professional services company Accenture to build its cloud platform for manufacturing applications, data and artificial intelligence, target waste reduction, water management and...
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Job search and wage transparency are also supported by Profession.hu’s new campaign
The campaign launched on October 17 serves a dual purpose: with its intense presence and content that is expected to influence the public discourse, it also motivates previously passive job...
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The industry asked the government to extend the suspension of the advertising tax
The Hungarian Advertising Association (MRSZ) appealed to the government to extend the suspension of the advertising tax until January 1 due to the economic crisis, the association informed MTI on...
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The pharmaceutical industry is suffering from post-covid syndrome
After the big boom in 2020-2021 related to the coronavirus epidemic, but not exclusively affecting vaccine manufacturers, the global pharmaceutical industry slowed down to its usual pace. The record revenues...
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The bird flu situation in Europe is still not encouraging
There has been no positive change in the bird flu situation in Europe since the beginning of September, and the wild bird migration taking place throughout the continent in the...
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The yield of the autumn harvest in Békés County was even weaker than expected
The yield averages for the autumn harvest in Békés County were weaker than the preliminary, not very optimistic expectations, especially the small amount of corn and soybeans, the secretary of...
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Conscious shopping does not exist, says the expert
Telex talked to an expert about the functioning of shopping behaviors who has studied these processes through research in recent years. Psychologist Ákos Csertán talked about the impossibility of conscious...
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Bakery products end up in the bin the most, durable food and meat the least
The vast majority of Hungarians consider themselves to be conscious consumers, despite this, 59% of our compatriots throw away food, and 23% especially a lot – according to the data...
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The gluten-free breads and baked goods of the year were awarded
In connection with the Magyarok Kenyere program, the competition for gluten-free breads and pastries was organized by the Association of Hungarian Farmers’ Associations and Farmers’ Cooperatives, the National Chamber of...
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István Nagy: the issue of food prices is also included in the national consultation
The issue of food prices is also included in the national consultation – Minister of Agriculture István Nagy pointed out in a video published on the government’s Facebook page on...
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World Food Day: For a fairer future where everyone has access to healthy food
Today’s global crises, the ongoing pandemic, conflicts, climate change, inflation and international tensions all have a serious impact on food safety. More than 800 million people are hungry worldwide, and...
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Autumn prize avalanche with trademarked products
Eszter Benedek, managing director of Hungarian Product Kft.: “Shoppers who purchase products bearing the Hungarian Product trademark can participate in exciting prize games this autumn. Our loyalty website, www.magyaranyero.hu serves...
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Chocolates in the spirit of caring
Last year was about premiumisation in the praline category, and this trend continued in early 2022 too. Lilla Kelemen, Nestlé Hungária Kft.’s brand manager – seasonal and gifting: “I think...
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The extreme drought further deepened the crisis in the fruit sector
The effect of this year’s historic drought was reflected in the condition of all fruit varieties. Among the fruits grown in the largest quantity, apples are expected to have the...
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Coop Denmark to increase renewable energy production
Coop Denmark has installed more solar panels across its operations as it seeks to lay the groundwork for its sustainability goal of becoming climate positive by 2030. The retailer has...
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E-commerce companies are also suffering from the crisis
Drastic inflation, the rise in overhead costs and the uncertainty experienced by consumers soon had an impact on online retail as well: in September, 49 percent of e-commerce companies experienced...
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Promotions come with inflation, but careless traders can get into serious trouble this way
Persistently high inflation and rising prices make customers even more receptive to various promotions. However, in the changed market environment, traders must pay close attention to properly announcing discounts, as...
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