Market News
Inflation is increasing due to the food price shock
Due to the price shock on the food front, inflation will spill over into all areas of the entire economy and will not end anytime soon. “In the coming months,...
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FAO Food Price Index virtually unchanged in October
The FAO Food Price Index* (FFPI) averaged 135.9 points in October 2022, virtually unchanged from September, with the price indices of all the covered commodity groups, except cereals, down month-on-month. An upturn...
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The price of meat may increase due to another problem
The laboratory of the National Food Chain Safety Office (Nébih) confirmed the presence of a highly pathogenic avian influenza virus in two duck farms in Bács-Kiskun county, the organization announced...
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Wine is not a basic need – the Italians admitted
Even the Italians admit that wine is not a basic need, so the wine sector will have to face further difficulties in the coming period. “The purchasing power of families...
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A very bad apple crop is driving prices down this year
Spring frosts, summer drought, rising energy prices – the price of apples increases, and there may even be a shortage of apples in spring. “Although not all crops have been...
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KSH: household income increased last year
In addition to the decrease in poverty, household income and consumption increased last year, the Central Statistics Office (KSH) told MTI on Friday. In their summary of the living standards...
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The EU carbon tax may arrive soon
The European Union is expected to introduce a carbon tax aimed at improving sustainability and competitiveness at the beginning of next year – draws attention to EY. The levy would...
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EXTENDED! Local communities can apply again: they can win a total of HUF 42 million in support from Tesco
For the 12th time, Tesco is launching its “You choose, we help” tender program to support local community initiatives, the deadline for which has been extended until November 11. In...
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The aim of the new agricultural support system is to increase efficiency
During consultations and negotiated compromises with the European Commission, the Hungarian government has created a new agricultural support system, the aim of which is to increase efficiency, said the State...
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GMO-free production is an important value of Hungarian agriculture
The aim of the Ministry of Agriculture is to ensure that GMO-free products are placed on store shelves and on the tables of Hungarians, starting from GMO-free feed for our...
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YSK inaugurated Hungary’s largest single-space logistics center – four countries are served from Ecser
The new distribution center of the JYSK store chain in Ecser has started at full speed: in October, the more than 40-meter high-rise warehouses also started working. The fully automated...
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Vegan, vegetarian, omnivore: What does practice tell about the carbon footprint of our diet?
Conversations have already started in Hungarian professional circles about the need to make our food supply and diet more sustainable. The time has come to think in terms of diets...
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Recession-proof solutions at the AGÓRA conference
More than 150 trademark users sent their representatives to Hungarian Product Nonprofit Kft.’s 8th Agóra conference in Esztergom. Managing director Eszter Benedek welcomed participants and told: they believe that sharing knowledge...
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Kraft Heinz launches plant-based cheese slices through NotCo joint venture
Kraft Heinz and NotCo are launching NotCheese, a plant-based version of the iconic Kraft American cheese, CEO Miguel Patricio said in prepared remarks with Kraft Heinz’s quarterly earnings report adding...
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Albert Heijn Expands ‘Low Price’ Own-Brand Offering
Dutch retailer Albert Heijn has expanded its assortment of affordable, own-brand products offered under the Prijsfavorieten (Price Favourites) campaign, featuring the blue thumb. The new additions include drugstore products, drinks...
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Italian Wine Sector Warns Of Glass Shortages
The Italian wine sector has warned of glass shortages this autumn, which could amount to between 150,000 and 200,000 tonnes. The Italian Wine Federation (Federvini) claims that there will...
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Bird flu has reared its head again in Bács-Kiskun county
The laboratory of the National Food Chain Safety Office (Nébih) confirmed the presence of a highly pathogenic avian influenza virus in the animals of two duck farms in Bács-Kiskun county....
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HUF 19 billion in support for the preservation of indigenous animal species
Decisions have been made on 90 percent of the grant applications submitted this year for the rural development call for in situ conservation of the genetic stock of protected indigenous...
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Meteorological service: fall harvesters need more than the coming rain
The wheat growers would need more than the rain coming this weekend for optimal development, the National Meteorological Service wrote in its agrometeorological analysis on Thursday. It was written that...
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This year, holiday shopping starts much earlier than before
Holiday shopping starts earlier and earlier every year, as a significant number of consumers believe that early discounts are a good “deal”. On the other hand, there are those who...
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This is what Hungarians think about the connections between the energy crisis, the war and the green transition
According to three quarters of Hungarians, the war in Ukraine and high energy prices should speed up the green transition. 77% believe that the Russian invasion of Ukraine and its...
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Celebrity brands are becoming more and more popular: Rihanna, JLo and Jessica Alba’s brands are on the podium
More and more actors and singers decide to – partially or completely – leave the stardom and start their own business. Celebrities are increasingly moving away from representing products towards...
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Profession.hu: the majority of domestic companies plan to raise wages next year
After the typically optimistic attitude in 2021, Hungarian companies expect a larger proportion of economic downturn next year this year, but half of the companies still expect growth in 2023....
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Applications for planting grapes can now be submitted
In accordance with the practice of previous years, between November 2 and November 30 this year, it is again possible to submit individual plans to support the restructuring of vineyards....
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41 percent of Hungarians have no disposable income
Ominous trends emerge from the latest representative research by Generali Biztosító, which deals with the general awareness of the domestic population aged 18-65, as well as their savings and expectations...
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The installation of invasive species was prevented by Nébih’s fish watch service
One of the main tasks of the Nébih State Fisheries Service (ÁHSZ) is to check the regularity of fish stocking and the traceability of fish, so during the period of...
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(HU) Saját márka alatt ad új életet a zöldségeknek-gyümölcsöknek a Hofer Ausztriában
Austrian Hofer offers its customers pesto, dressings and also chutneys made from agricultural surplus food under the “Rettenswert” private label. ...
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Coca-Cola launches on-pack tech for visually impaired shoppers in industry first
Coca-Cola has become the first drinks business to launch on-pack technology for visually impaired customers. In partnership with Navilens, the FMCG giant has rolled out codes across 24x330ml and 30x330ml...
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Can blockchains help companies go green?
Blockchain, as one of the most secure data storage technologies known today, can significantly improve the transparency of supply chains, making the environmental protection efforts of manufacturers transparent. With its...
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The Ministry of Agriculture pays special attention to the preservation of the biological diversity of our country
The plants and animals used in agriculture, as key genetic resources, are the basis of our food production, said Minister of Agriculture István Nagy on his social media page. Biodiversity...
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