Market News

Two sides of the same coin

We live and shop differently, and we eat different food than before the pandemic. When it comes to eating, the buzzwords are still health, sustainability, naturalness and plant-based food. Meat...

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FAO aims to provide livelihood assistance to nearly 49 million people in 2021

As the COVID-19 pandemic, conflict and climate-related crises drive acute levels of hunger higher, the Food and Agriculture Organization of the United Nations (FAO) is seeking $1.1 billion in 2021...

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The update of the Hungarian Advertising Code has started

After six years, the time has come to update the Hungarian Code of Advertising Ethics. In accordance with tradition, the team of MRSZ and ÖRT still form the codification working...

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The MNB expects five percent economic growth

We can be optimistic about the recovery of the economy – this was also highlighted by last year’s gross domestic product (GDP) data – economic growth is expected to average...

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The real fast begins now

Since the pandemic, food prices have risen: last summer saw record price increases, but since then annual inflation has been steadily slowing down. Why might a customer still feel like...

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AM: sheep meat consumption should be increased

In order to provide consumers with more thorough information, increase consumption and support Hungarian processors, the country of origin must be marked on the board of sheep and goat meat...

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Continuous improvements can make food supplies even more secure

Livestock farms can develop in the coming years from hundreds of billions of forints – Minister of Agriculture Nagy István announced in a video uploaded to his community page. The...

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We will be the country of one hundred thousand collection points and toilet paper vendors

The “if the other can open it, then why not me” mentality is getting more and more general in the shopkeeper world. We just looked at it, and at random,...

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Last year, the Food Chain Security Agency paid special attention to the fight against fraud and the black economy.

Last year, the fight against fraud, counterfeiting and the black economy was given special emphasis at the National Food Chain Security Office (Nébih), the authority emphasized in its assessment of...

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More than 7 tons of waste collected from the Tisza will be recycled

Thanks to the joint work of the Ministry of Water and the PET Cup, a total of 22 tons of waste has been extracted and processed in the Upper Tisza...

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New vocational qualifications have been launched

The National Training Register (OKJ) was replaced by the Register of Professions with only 174 basic professions. Basic professions can only be learned through school-based training, so the question arises...

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Whole Foods packaged coffee

The specialty grocer owned by Amazon has seen sales rise as more consumers have turned to making their favorite caffeinated drinks at home. GroceryDive shelved “On Special” a little less...

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Investors invests in environmentally conscious startups

According to a 2020 survey by the National Food Chain Safety Office (Nébih), we throw out an average of 65 kg of food per person in Hungary every year, more...

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In Germany, consumer prices rose on an annual basis in February

In Germany, consumer price inflation accelerated on an annual basis, but slowed down on a monthly basis in February. The German Federal Statistical Office (Destatis) said on Friday that consumer...

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Even in the crisis, Hungarian stores are sticking to their customers

Even in the year of the pandemic crisis, the companies that performed best in customer service were recognized. In the fundamentally changing market, ClientFirst Consulting has tested more than 2,500...

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NAK: domestic melon production is undergoing a transformation

After last year’s unfavorable weather, many smaller producers of melons will stop production, so the production area of watermelons in Hungary is expected to decrease by another 5 percent this...

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Rising food prices are inevitable

Rising feed prices will inevitably lead to higher prices for meat, milk, eggs, and meat and milk-based processed foods – the president of the Meat Association told InfoRadio. The drastic...

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Traffic of web stores is jumping due to store closures

Last year’s 38-40 percent growth this year may be repeated on a higher base in e-commerce – Világgazdaság Online wrote. The two-week store lock acts as a catalyst for web...

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EU survey More than 6 million lost their jobs in the first wave of the epidemic

The first wave of the coronavirus pandemic has led to the loss of more than 6 million jobs in the European Union, and temporary workers and young women have been...

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There will be Easter and there will be ham too

Production continued The swine flu and COVID-19 had a big effect on the meat industry last year: the price of live pig dropped considerably, which put pig farmers in a...

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Euler Hermes: what is happening in Hungarian retail?

While total retail sales declined 0.2 percent in 2020, food trade, which accounts for half of total sales, grew 3 percent year-over-year despite the pandemic. Significant lifestyle changes have also...

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Analysts expect further acceleration in inflation in the spring months

In terms of both magnitude and structure, February inflation was in line with expectations, according to analysts who expect a further rise due to the base effect of fuel prices...

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Mediterranean conditions await Hungarian wine producers

Fully Mediterranean conditions await Hungarian wine producers by the end of the 21st century, but the work of winemakers is also complicated by the increasing frequency of extreme weather events...

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Telenor researched the strength of women’s communities

Career, hobbies, internships or motherhood: what really connects women in 2021? Women’s groups and communities have always been of decisive importance, and nowadays they are increasingly transferred to the online...

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Responsible companies attract investors

Sustainability considerations have become key for institutional investors, but fewer and fewer companies are able to meet their expectations, according to EY’s global research. According to an international survey of...

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Unemployment has stagnated in OECD countries

Unchanged from December, the unemployment rate remained at 6.8 percent in January in the 37 member states of the Organization for Economic Co-operation and Development (OECD). According to data posted...

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Fidelity: Asia is already seeing the light at the end of the tunnel

Will the Biden presidency help the US to recover, how will the regulations affect Asian countries when Europe reopens? Fidelity’s management team examined the situation in the markets of major...

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PepsiCo is promoting its new relaxation beverage

PepsiCo is promoting its new relaxation beverage Driftwell through targeted digital ads that disrupt the viewer’s screen time at the end of the day. According to details shared with Marketing...

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Generation change at Tranzit Group – Pushing the wheelbarrow together

Tranzit Group employs 2,000 people and is the domestic and European duck and goose market leader. The company was founded 30 years ago by Miklós Szabó, whose children Ákos Szabó...

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Magazine: Cautiousness and innovation

The future is uncertain Most consumers think the pandemic has changed their shopping habits for good. Shopkick asked 14,000 US consumers what 2021 will be like in terms of shopping...

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