Market News
FAO: world food prices in January are on the highest level since July 2014
In January this year, world food prices rose to their highest level since July 2014. World food prices are increasing for the eighth consecutive month in a row, according to...
Read moreSeed Association: there will be a smooth supply of spring cereal seeds in the market
Supply problems in the spring cereal seed market are not expected this year either, as forecast by the Seed Association Interprofessional Organization and Product Council; the organization announced a net...
Read moreNAV: pálinka brewing will be tax-free again this year
With a quantitative restriction, pálinka brewing will be tax-free again this year, and its administration will hardly change – the National Tax and Customs Board (NAV) told MTI. The private...
Read moreCake and wine donations were given to NNK staff
The staff of the National Center for Public Health (NNK) receives a gift package consisting of cakes and wines from Hungarian winemakers and confectioners. Soltész Miklós, State Secretary of the...
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Lonely eaters and Christmas peak in the UK
The Market Research section of the January E-Scanner newsletter of the PLMA looked at UK households in terms of meals and Christmas. New rules restricting promotions will come into force...
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Retail sales in the euro area grew faster than expected in December
Thanks to Christmas shopping, euro area retail sales grew at a faster pace than expected in December. The European Union’s statistical office (Eurostat) announced on Thursday that seasonally adjusted data...
Read moreRetail sales in Romania rose 2.2 percent last year
In Romania, the volume of retail sales increased by 2.2 percent last year compared to the previous year – the Romanian National Statistics Institute said on Thursday. The increase, according...
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Growth of purchasing power in Hungarian settlements between 2012 and 2019
One important segment of quality of life is purchasing power. Therefore, GKI Economic Research Ltd. estimated the purchasing power of the settlements for the years 2012-2019. During the estimates, we...
Read moreIf carnival, then pork!
The Ministry of Agriculture (AM), the Agricultural Marketing Center (AMC) and the National Association of Mangalica Breeders (MOE) are promoting the consumption of pork this year again. The aim of...
Read moreKSH: producer prices rose by 6.8 percent in December and by 4.2 percent in 2020
Last December, domestic sales prices of industry rose by 2.6 percent, export sales prices by 9.0 percent, and industrial producer prices were 6.8 percent higher than a year earlier, the...
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The latest GPS transmitter bottles showing the path of waste can already be tracked on a map
Mapping the waste situation in our rivers has arrived to the next chapter. As part of the Tisza PET Cup research and development program, experts are now launching three plastic...
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Szentesi Éva: “It’s like I was dropped into the future!”
Szentesi Éva, Keleti Andrea, Viszkok Fruzsi, lifestyle vlogger and Osbáth Norbi from Pamkutya also got a glimpse behind the scenes of the multi-award-winning Veresi Paradise’s cultivation. In Hungary’s most modern...
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Taxpayers are now required to “self-report”
The parties to the cross-border tax scheme have recently expired the first so-called DAC-6 reporting obligation. At the same time – at the last minute – the Ministry of Finance...
Read moreEmployment in the United States rose much more than expected in January
Employment in the U.S. rose much more than expected in January, although the coronavirus pandemic continues to slow economic and societal performance, according to data released by the ADP Institute...
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New ways of private label – Levi’s for Target
Target, in collaboration with Levi Strauss & Co., will release an exclusive collection that includes over 100 home, pet, accessories and apparel products, the company announced. On 2. Feb. the company announced...
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Business Days wins Marketing Award
We are pleased to inform our partners, readers and all former and future Business Days conference participants that this year our Business Days conference has won trademark use in the...
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Restaurants: jumped to 400 billion in 2020
And at the end of the year, half the market was lost. 2021 also started with a loss of half the market as 2020 ended. It’s an incredible performance from...
Read moreThe Chamber of Agriculture supports the nutrient-specific food labeling system
In the European Union, food labeling and nutrition labeling system is changing, the National Chamber of Agriculture (NAK) supports the nutrient-specific labeling system containing the numerical data proposed by Italy,...
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Nagy István: 930 million HUF for the Hungaricum tender this year
This year, the Ministry of Agriculture will also announce the hungaricum tender, with a budget of 930 million HUF – Nagy István, Minister of Agriculture said at a press conference...
Read moreAccording to Parragh, the economy can be recovered quickly
Magyar Nemzet asked the President of the Hungarian Chamber of Commerce and Industry (MKIK) about how quickly the economy can be restored. According to Parragh László, if the vaccine reaches...
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GVH-ÖRT workshop on green marketing
At the ÖRT workshop on the “Green Guide” issued by the GVH, the President of the GVH, Rigó Csaba Balázs emphasized the joint responsibility of the industry, the consumers and...
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A new market is being built in Vajszló, Ormánság
The construction of the new market in the second largest city of Ormánság, Vajszló, will start within the framework of an investment of almost 180 million forints – the Baranya...
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Carrefour’s future is a big question
According to the January PLMA E-Scanner newsletter, one of the big questions about retail today is the future of Carrefour. The bastion of French food trade, private label turnover and...
Read moreLast year, the Czech economy fell 5.6 percent
Last year, gross domestic product (GDP) in the Czech Republic fell by 5.6 percent; this is the biggest economic downturn ever since the creation of the independent Czech Republic (1993),...
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Egg producers are forced to raise prices due to higher feed prices
Egg production companies, which have joined the Poultry Products Council, are initiating an increase in the transfer prices of table eggs in shell due to higher prices of feed and...
Read moreSzijjártó: Hungarian pig exports to Japan may resume
Hungarian pig exports to Japan may resume – the Minister of Foreign Affairs and Trade announced on his Facebook page. Szijjártó Péter wrote: as a result of long months of...
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Representative survey on selective waste collection
The concepts of selective waste collection, zerowaste, recycling, environmentally friendly solutions, carbon neutrality, ecological footprint are encountered and become part of our lives every day, and more and more packaging-free...
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GVH: 2020 was about consumer protection and merger control
Last year, the Hungarian Competition Authority (GVH) closed 51 competition supervision proceedings, of which 29 were on consumer protection, 14 on merger control, and 4-4 cases concerned the investigation of...
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