Market News
18+! Will cola be next after the energy drink?
According to the new regulations coming into force in Hungary, it will be forbidden to sell or serve energy drinks to people under the age of 18 if the caffeine...
Read more
Márton Nagy: retail trade and food consumption have picked up, tourism has grown by 15 percent
Economic growth will start again next year: after this year’s 2.5 percent, a 4.1 percent expansion is expected in 2025, the Minister of National Economy said on Wednesday in Debrecen,...
Read more
The annual growth rate of food, alcoholic beverages and tobacco prices slowed to 2.6 percent in March in the eurozone
In accordance with the preliminary estimate, the annual inflation in the euro zone slowed down in March, according to the final data published by Eurostat, the statistical office of the...
Read more
A lot of imported tomatoes arrive to Hungary
About 20,000 tons of tomatoes arrive in Hungary from abroad every year, especially in the period between October and March. Based on the information from FruitVeB, the Agricultural Sector highlighted...
Read more
NAK is concerned about EU food safety in relation to imported products
While the European Commission requires its own producers to comply with the strictest food safety standards in the world, it allows salmonella-infected Ukrainian chicken meat to enter without restrictions. The...
Read more
Alcampo’s private label range grew by 5% last year
Spanish hyper- and supermarket chain Alcampo launched around 281 private label food, drug and perfume products last year, which meant a 5% rise in its private label assortment compared to...
Read more
An immediate revision of EU regulations on imported products is necessary
While the European Commission requires its own producers to comply with the strictest food safety standards in the world, it allows salmonella-infected Ukrainian chicken meat to enter without restrictions. The...
Read more
Lucozade unveils biggest relaunch to supercharge UK drink sales
Lucozade has unveiled its biggest relaunch in the brand’s history, as it rolls out a new masterboard platform to supercharge sales of its drinks across the UK market. The “Bring...
Read more
British inflation is at a two-and-a-half-year low
The pace of annual British inflation slowed to a two-and-a-half-year low in March. According to data presented by the British Statistics Office (ONS) on Wednesday, consumer prices were on average...
Read more
Sándor Czomba: the proportion of guest workers is low, jobs cannot be taken away from Hungarians
Hungary belongs to the Hungarians, it is only possible to temporarily stay and work in our country for the purpose and legal title determined by the Hungarian state, and if...
Read more
Consumers continue to blend in-store, online shopping methods
Nearly three-quarters of U.S. consumers are embracing the omnichannel shopping journey. Seventy-three percent of consumers blend online research, physical store visits and options such as buy-online-pickup-in-store or in-store returns before...
Read more
REWE Opens Its First 100% Plant-Based Supermarket In Berlin
German retailer REWE has opened its first purely plant-based supermarket in Berlin, offering more than 2,700 vegan products. The store is the first vegan outlet for REWE Group, which operates...
Read more
A new chapter in the development of Hungarian agriculture: HUF 475 billion in the name of sustainability and innovation
In accordance with the strategic plan of Hungary’s KAP (Common Agricultural Policy), new calls for tenders have appeared, which are intended to promote the modernization and sustainable development of the...
Read more
Vegan Food Group acquires Germany’s TofuTown
In its largest acquisition to date, Vegan Food Group has bought German organic meat producer TofuTown, making it a key player in the European plant-based market. This article is available...
Read more
Hungary has been in the EU for 20 years: how has foreign trade changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
Read more
2024 could already be the year of growth in retail
This year could be the year of growth in Hungary after the previous year’s recession, to which we expect the expansion of consumption to make a substantial contribution. However, retail’s...
Read more
Climate change will further increase food inflation
Rising temperatures and extreme weather events can have a serious impact on agriculture and food inflation, according to a recent study by the Potsdam Climate Change Research Institute (PIK). According...
Read more
K&H: three thousand forints is not enough for two hamburgers today, two years ago it was three
“Child inflation” slowed further, but it is still 8 percent on an annual basis. The price of the product basket, compiled based on children’s consumption habits, increased by that much....
Read more
IMF: this year’s outlook for the world economy has improved minimally
According to the International Monetary Fund (IMF), overall, this year’s outlook for the world economy has improved minimally since the organization’s previous forecast in January. According to the revised World...
Read more
FAO’s guide to International Potato Day helps you prepare for the first World Potato Day on May 30
While preparations are already underway for the first celebration of International Potato Day, the Food and Agriculture Organization of the United Nations (FAO) is already trying to draw attention to...
Read more
Employee turnover has moderated, but it does not bring relief
At the national level, employee turnover decreased significantly, decreasing to 28 percent last year, from 33 percent a year earlier. However, companies can’t breathe a sigh of relief, because this...
Read more
Inflation accelerated in Italy in March
In Italy, instead of the 1.3 percent reported on the basis of the preliminary estimate, consumer prices rose by 1.2 percent year-on-year in March, following the 0.8 percent increase in...
Read more
KSH: The number of foreign guest workers in Hungary has increased
According to the latest data from the Central Statistical Office (KSH), the number of foreign guest workers in Hungary increased significantly in 2023. In the publication Helyzetkép, 2023 – Labor...
Read more
The processing selling price of wines has increased
According to AKI PÁIR data, the sales price of domestically produced and domestically sold wines without a geographical indication, as well as wines with a protected geographical indication, rose by...
Read more
Bigger private label product selection in Spanish Makro stores
More than 400 private label items have been introduced by Makro Spain in the 2022-2023 fiscal year. The company already offers over 6,000 SKUs under its Makro Chef/Metro Chef, Professional,...
Read more
Cheaper eggs at Easter than last year
According to data by the Central Statistical Office (KSH), Hungary bought 1% more shell eggs (32.7 thousand tonnes), including nearly 17% more fresh eggs (17.8 thousand tonnes) from the international...
Read more
Rossmann takes another step towards a more sustainable future
In order to reduce its environmental footprint, Rossmann Magyarország will no longer issue Rossmann+ plastic cards. This article is available for reading in Trade magazin 2024/4 Registered customers can continue...
Read more
Bird flu has reached the counties of Békés and Jász-Nagykun-Szolnok again
The laboratory of the National Food Chain Safety Office (Nébih) has detected the presence of avian influenza virus in several livestock farms in the counties of Békés and Jász-Nagykun-Szolnok. The...
Read more
Smart solutions that can save hundreds of bathtubs worth of water
The Earth’s water supply is permanent, but only 1 percent is suitable for human consumption. As the population increases, humanity’s demand for water increases dynamically, while excessive consumption, climate change...
Read more