Market News
Diageo Contributes €13bn Annually To Europe’s Economy, Study Finds
Date: 2024-02-12 09:40:39
Drinks giant Diageo contributes over €13 billion to Europe’s economy every year, creating jobs for over 200,000 people, a new report from Oxford Economics showed. The maker of Johnnie Walker,...
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(HU) Euromonitor International: a kiskereskedők bizakodóak az idei Valentin-nap kapcsán
Date: 2024-02-12 09:28:08
Retailers are optimistic for Valentine’s Day 2024 with signs consumer confidence is returning, according to experts at Euromonitor International. Euromonitor’s analysts say that slow growth and high inflation, with ongoing...
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Lidl pilots first-of-its-kind bottle return scheme
Date: 2024-02-12 09:25:42
Lidl has become the first supermarket to roll out its own PET plastic bottle and drinks cans return scheme trial across an entire city with incentives for shoppers to reduce...
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The National Handball Academy and Graboplast cooperate in the development of sports floors
Date: 2024-02-12 08:20:48
An agreement was concluded between Graboplast and the National Handball Academy. The cooperation in sports science enables NEKA to increase the resources necessary for high-quality professional training, and for the...
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In the OECD, food price growth slowed from 7.1 percent in November to 6.7 percent in December
Date: 2024-02-09 12:50:30
In the countries belonging to the Organization for Economic Cooperation and Development (OECD), the annual growth of consumer prices accelerated to an average of 6 percent in December from 5.8...
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Analysts are also divided by the recent retail sales and inflation data
Date: 2024-02-09 12:48:09
Analysts have different points of view on this year’s inflation outlook, and January’s data did not provide a clear picture of the coming months. According to the statement of the...
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Will Temu displace domestic online stores?
Date: 2024-02-09 12:34:59
Although the Chinese e-retailer Temu appeared on the domestic market only a few months ago, it has already become one of the dominant players in the domestic e-commerce market thanks...
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GVH: competition dampened food inflation
Date: 2024-02-09 12:03:00
In 30 months, food inflation measured on an annual basis was not as low as in the first month of 2024. The Central Statistical Office (KSH) announced on Friday that...
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Hungarians are consuming more and more instant soup
Date: 2024-02-09 11:51:54
The latest FMCG trends show that Hungarians increasingly prefer food that can be prepared easily and quickly. Within this, instant soups have become particularly popular, they are easily available, can...
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K&H: That’s how many people can expect a bonus this year
Date: 2024-02-09 11:44:00
This year, three-quarters of large domestic companies plan to provide their employees with cafeteria benefits. In addition to the legally prescribed travel expense reimbursement, the SZÉP card is the most...
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Even though plane tickets are getting more expensive, more people are traveling by plane this year
Date: 2024-02-09 11:35:18
Experts expect further growth in demand for air travel this year, which predicts a continuous increase compared to last year. A double-digit increase can be observed in the month of...
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Márton Nagy: inflation has practically collapsed, the government has already reduced it below 4 percent
Date: 2024-02-09 11:18:09
According to the data of the Central Statistical Office (KSH), in January 2024, the government reduced the rate of inflation to less than one-sixth of its peak a year ago,...
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The European Waste Reduction Week awards were presented
Date: 2024-02-09 11:10:17
The government’s goal is to increase the economic policy role of the waste management sector and to transition to a circular economy, said the Secretary of State responsible for the...
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MOHU promotes selective waste collection and REpoints
Date: 2024-02-09 11:06:22
MOHU promotes selective waste collection and waste recycling REpoints, and television presenters Nóra Ördög and Attila Till joined the company’s campaigns as ambassadors. Gábor Ozoli, the spokesperson of the MOHU,...
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The pace of food price increases slowed in Germany in January
Date: 2024-02-09 10:56:07
In Germany, annual inflation fell to a 2.5-year low in January, according to the final data presented by the German Federal Statistical Office, Destatis, on Friday. Inflation decreased to 2.9...
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A “green turn” is needed in the field of food safety
Date: 2024-02-09 10:43:25
The LMP collects signatures in order to maintain healthy and safe food, GMO-free, and limit the advertising of ultra-processed products. Erzsébet Schmuck, the co-chair of the opposition party, said at...
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Subsidies for Hungarian farmers are also guaranteed in 2024
Date: 2024-02-09 10:00:58
The Hungarian government recognizes the importance of domestic agriculture: agricultural subsidies have been provided this year as well, which give a significant impetus to the development of agriculture and the...
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Coke adds first new permanent flavor in several years with Spiced
Date: 2024-02-09 09:54:45
The beverage giant is also introducing a limited-time beverage under its Creations platform called Happy Tears Zero Sugar, which contains salty minerals. The Coca-Cola brand is debuting its first permanent...
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Institute of Agricultural Economics: the price of grain, industrial and fodder crops, and many vegetables decreased
Date: 2024-02-09 09:30:43
The price of grain, industrial and fodder crops has decreased, and the majority of vegetables have also become cheaper, or their increase in price has moderated or stopped by the...
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This year is the year of developments in vocational training
Date: 2024-02-09 09:25:48
This year is the year of improvements in the “European champion” Hungarian vocational training, announced the Secretary of State responsible for innovation, higher education, vocational training and adult training of...
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EU approves marketing standard rules in “breakfast directives”
Date: 2024-02-09 09:19:44
The EU is set to introduce “breakfast directives” that lay down rules on the composition, sales names, labelling and presentation of the products. The EU has agreed upon new marketing...
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Lidl Switzerland Slashes Prices Of Over 100 Organic Items
Date: 2024-02-09 09:16:50
Lidl Switzerland has lowered the prices on over 100 organic products, including everyday staples like milk, bread, meat, fruit, and vegetables. This constitutes around a third of its 350 organic...
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Sainsbury’s wants to rise to the next level
Date: 2024-02-09 09:09:10
New three-year strategy puts market share growth, loyalty and retail media capabilities as well as billion-pound cost savings program in focus. Sainsbury’s, the UK’s number two grocery retailer, is looking...
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There is no future without farmers! Producers demonstrating in Záhony demanded the introduction of an immediate import ban on Ukrainian goods from Brussels
Date: 2024-02-09 09:00:09
Organized by the Association of Hungarian Farmers’ Unions and Farmers’ Cooperatives (MAGOSZ) and the National Chamber of Agriculture (NAK), domestic producers held a farmers’ demonstration at the border crossing in...
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The government provides HUF 450 billion for the development of enterprises through the GINOP PLUSZ program
Date: 2024-02-08 12:01:35
The government’s goal is to restore economic growth and achieve a GDP growth of around 4 percent in 2024 after successfully suppressing inflation. In order to support dynamic development, the...
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Eurostat: 513 kilograms of waste was generated per person in the EU in 2022
Date: 2024-02-08 11:33:26
The amount of municipal waste per capita in the European Union was 513 kilograms in 2022, 19 kilograms or 4 percent less than in 2021 (532 kg); In Hungary, 406...
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GVH organized an online workshop on consumer protection responsibility
Date: 2024-02-08 11:22:16
In an online workshop, experts from the Economic Competition Office (GVH) and domestic private law experts discussed the most current issues of consumer protection responsibility. In the framework of the...
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GVH: the online price monitor received a quality award
Date: 2024-02-08 10:53:53
The online price monitor operated by the Economic Competition Authority (GVH) received a quality award at the Website of the Year competition, the GVH told MTI on Thursday. They recall...
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A Hungarian innovation helps prevent mass fish kills
Date: 2024-02-08 10:46:58
The Agricultural and Food Business of MBH Bank and its professional partner, the Hungarian Aquaculture and Fisheries Inter-professional Organization (MA- FISH). One of the main advantages of the entirely domestically...
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Mars Brings Back Seasonal M&M’s Flavor for Valentine’s Day
Date: 2024-02-08 10:19:02
M&M’s released its 2024 Valentine’s Day gift guide and introduced new offerings. M&M’s released its 2024 Valentine’s Day Gift Guide exclusively on its online shop, which offers customizable gifts, party...
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