Market News
There is no significant change in the antibiotic treatment of food-producing animals
The willingness to report has improved, but there is still a lot of inaccurately recorded data regarding antibiotic treatments in food-producing animals. There is no overall change in the use...
Read more
GKI: How do domestic companies perform in terms of digitalization compared to their EU competitors?
Based on the past decades, it is clear that companies that quickly adapt to changes in the technological environment are competitive. The economic development of a country largely depends on...
Read more
The export price of raw milk is 21 percent higher than a year ago
According to data from AKI PÁIR, the national average producer price of raw milk in Hungary was HUF 164.24/kilogram in July 2024. In addition to a 0.05 percentage point deterioration...
Read more
dm-drogerie markt Rolls Out New Tube Cap Design To Cut Plastic Use
German retailer dm-drogerie markt has launched new caps for some own-brand products sold in tubes as it seeks to reduce the use of virgin plastic. The new lids have been...
Read more
Focus on prepared meals pays off for HelloFresh
While sales of meal kits continue to decline, HelloFresh does manage to sell a lot more prepared meals. The company is attracting fewer new customers, but existing customers are spending...
Read more
The average yield of peaches and nectarines may be twice that of last year
In Hungary, the harvest of peaches and nectarines decreased to 13.80 thousand tons (-35 percent) in 2023 (Eurostat). According to the publication of the Agrárközgazdasági Intézet Informative report on summer...
Read more
Amazon to pilot one-hour delivery in the U.K.
Amazon is testing the viability of Prime Air one-hour drone delivery in a European nation. The e-tail giant is one of six organizations taking part in new trials conducted by...
Read more
Agrometeorology: the precipitation significantly alleviated the drought only in the northern part of the country
In the past week, there have been several showers in several places, but the precipitation that fell from them only in the northern part of the country significantly alleviated the...
Read more
Márton Nagy: slower growth, rescheduled investments and cautious residential consumption are expected
In an interview with Index, Minister of National Economy Márton Nagy spoke about the future of the Hungarian economy, the rescheduling of state investments, and the development of household consumption...
Read more
Bank360: Instead of consumption, the population started saving really mercilessly
Instead of consumption, Hungarians really chose to save: they saved a record amount in the second quarter. Government securities and investment funds are the favourites, but cash holdings are also...
Read more
This could be the antidote to the declining Hungarian beer consumption
Beer consumption has shown a decreasing trend in Hungary in recent years, but at the same time, quality has come to the fore and consumers can choose from a never-before-seen...
Read more
The share of EU retail spending continues to fall: report from GfK
According to the latest study by GfK, the proportion of retail spending in the European Union has decreased for two consecutive years, despite the fact that purchasing power and retail...
Read moreThis is how entry-level wages develop in different sectors
At the end of July, the admission point limits were made public, and since then the supplementary admissions have also taken place: with this, it will slowly be decided how...
Read more
Even to a small extent, processed meats can cause diabetes
A recent study, presented by the British The Guardian, draws attention to the fact that eating two slices of ham a day can increase the risk of developing type 2...
Read moreA new type of fraud has been noticed at self-service cash registers
In the city of Spring, Texas, a new type of fraud has come to light at Walmart’s self-service checkouts, which was brought to the attention of an observant customer. An...
Read more
This may be the real danger of the increased transaction fee
It is not expected that domestic wealthy people will take the majority of their money abroad due to the increased transaction costs – but it is possible that they will...
Read more
Nébih: the documentation of antibiotic treatments of food-producing animals is still inaccurate
The willingness to report has improved, but there is still a lot of inaccurately recorded data on antibiotic treatments for food-producing animals, the National Food Chain Safety Office (Nébih) told...
Read more
Three years in the spirit of business development and ecosystem building promoting carbon absorption and carbon neutrality
Among today’s global problems, the expected effects of climate change pose a serious challenge to both socio-economic systems and the natural environment. Warming caused by human activities is estimated at...
Read more
German discounters boost animal welfare credentials
Aldi in Germany is introducing a German-origin label for fresh produce. Like rival Lidl, the discounter is introducing higher animal welfare standards for its own-brand meat and sausage products. The move...
Read more
Coca-Cola Collaborates With Oreo To Launch Limited-Edition Drink
Coca‑Cola has joined forces with Oreo to launch a limited-edition beverage that combines the taste of Coca-Cola with ‘flavourful hints’ inspired by Oreo cookies. Coca‑Cola Oreo Zero Sugar Limited Edition...
Read more
NAV: seasonal work and casual work must also be reported
Simplified employment is popular, 350,000 people worked this way in July; the taxation of this form of employment is also simple and favorable, but the one who forgets to declare...
Read more
Euromoney: K&H is not only the best bank, but also the best digital bank in this country
K&H collects international awards one after another. This year, it also won Euromoney’s “Hungary’s Best Digital Bank 2024” award after the same magazine awarded K&H the award for the best...
Read more
Declining prices on the meat and egg market: significant changes in July
According to the latest report of the Agricultural Economics Institute (AKI), at the end of July 2024, a significant price drop was experienced on the market for slaughter pigs and...
Read more
The price of flour suddenly jumped: what does this mean for bread and bakery products?
The August data of the Pénzcentrum’s monthly updated “bun index” brought a significant surprise: after a long period of stagnation, the price of flour rose by nearly 50% in a...
Read more
The growing popularity of convenience foods: how is food consumption changing?
The increasingly fast pace of life in modern society is accompanied by the relegation of traditional home cooking and an increase in the demand for convenience foods. For people, simplicity...
Read more
It will be more expensive, but starting school means less of a burden
Despite rising costs, this year overall, families feel the start of the school year to be somewhat less of a burden, according to Erste’s representative research. However, the majority still...
Read more
The DRS system and changes in consumer habits
On July 1st, the beverage packaging collection system was launched in Hungary, the aim of which is to encourage the population to recycle. From this date on, producers can only...
Read more
In July, the rate of increase in consumer prices accelerated in the euro area and the EU
In July, the rate of increase in the consumer price index accelerated in the euro area and in the European Union, according to the final data of the EU’s statistical...
Read more
The decline of the Mako onion: what will be the fate of the traditional onion?
Red onion is an essential ingredient of Hungarian cuisine, without which a domestic dish is almost unimaginable. The Makó onion, which is known worldwide for its quality and taste, was...
Read more
The annual decline in producer prices slowed down in Germany in July
In Germany, producer prices fell by 0.8 percent in July compared to a year earlier, which is a slowdown after the previous month’s 1.6 percent year-on-year fall, but it was...
Read more
