Market News
The average price of white sugar on the world market decreased by 9 percent
The average price of white sugar on the world market in May 2024 was 512 euros/ton, almost 9 percent lower than in April. On the London Mercantile Exchange (LIFFE), the...
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The producer price of apricots decreased by 27 percent
According to KSH data, the apricot crop in Hungary ranged from 11,000 to 25,400 tons in the last five years. In 2023, the frost at the end of March caused...
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The food market is also feeling the extreme weather
In Hungary, it is expected that the price of flour and, consequently, of bread will increase in the coming months. Zoltán Lakatos, the president of the grain processing department of...
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The cash-back system is slowly spreading in stores in Hungary
Hungary’s cash-back system, which was introduced in July 2023 and allows customers to withdraw cash from store cash registers, has still not been widely adopted. The system, which allows cash...
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The GVH investigation launched against Aldi raises several questions
The Economic Competition Authority (GVH) launched an investigation against Aldi, which raises one of the most exciting competition law issues in the Hungarian market. The purpose of the investigation is...
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An extremely early grape harvest is expected this year
According to Máté Varga, the vice-chairman responsible for interprofessional affairs of the National Council of Mountain Villages (HNT), the grape harvest in Hungary can begin at the end of July...
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Tofu was tested by the Association of Conscious Buyers
The Association of Conscious Buyers examined ten different types of tofu, also available in our country, during a product test conducted jointly with Czech partners within the framework of international...
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The physical average hourly wage rose by 13.5 percent to over HUF 2,100 in the second quarter
In the second quarter of this year, the average gross hourly wage of skilled and trained workers performing physical work was HUF 2,104, according to Trenkwalder’s analysis, which processed the...
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K&H: companies pay less attention to social responsibility
The commitment of companies to social responsibility has decreased in both large and small companies – it is clear from the research of the first half of the K&H sustainability...
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FAO: This is why forest fires are increasing in intensity and frequency
The 2024 Global Report on the State of Forests emphasizes the role of innovation in new forest management approaches. Climate change increases the exposure of forests to various stressors, such...
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A Chadian delegation is studying the processing of camel milk in Hungary
Camel milk is a valuable food due to its beneficial physiological effects and special composition, and due to population growth, it is becoming more and more appreciated worldwide – the...
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Lidl optimizes international store network
In the first four months of the current financial year, Lidl’s international store opening rate continued to slow down. The discounter closed stores in several key markets. Poland is the...
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PepsiCo sees weak US demand from “price-conscious” consumer
The PepsiCo chief executive stressed the US consumer’s hunt for “value” is the “problem to address”. PepsiCo CEO Ramon Laguarta has said the US consumer is “much more price conscious”...
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Edeka requires higher farming standards for dairy products
The Edeka Group, including the discounter Netto, has broken the mark of one billion litres of milk source from farming system 3 or higher for the first time. By the...
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Private Label Purchasing On The Rise In Spain, Says Dia
Six in ten Spanish shoppers (60%) say that they are purchasing more private-label products in a bid to save money, a new study by retailer Dia has found. In addition,...
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Retail traffic and residential consumption may slowly recover
The development of retail sales and the recovery of household consumption have been a prominent topic among economists in recent months. The weakening of the German economy further increased the...
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We are over 2 million returned bottles, but there are still problems
Since the beginning of the year, metal, plastic and glass bottles can be exchanged in Hungary, as manufacturers can now only deliver beverage products to stores in such packaging. Although...
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NAK-FruitVeB: sweet corn producers expect a good season
Producers are expecting a good season this year, with plenty of fresh sweet corn reaching the processing industry and consumers’ tables, according to the overview of the National Chamber of...
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In Austria, inflation slowed down in June
In accordance with the preliminary estimate, the annual growth of consumer prices in Austria fell to 3.0 percent, the lowest since July 2021, in June after the previous month’s 3.3...
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In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in June, following a 2.2 percent year-on-year fall in the previous month, marking the twelfth consecutive month of annual decline, the...
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A Hungarian-Serbian border project to help the supply of specialists in the food industry has been launched
With EU support, a Hungarian-Serbian border project supporting the supply of professionals for the food industry and related services has been launched Let’s feed the future! (Feeding Future) – the...
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Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make its impact felt. According to the data of the National Tourist Information Center (NTAK), between January and June, 7.5 million...
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Munch is now available in every Auchan store
From the beginning of May you can get the three munch packages in every Auchan store, for up to 66% lower prices than the original. This article is available for...
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The water level of Lake Balaton is decreasing
During the summer heatwave, the temperature of Hungarian lakes and rivers provides ideal conditions for beachgoers. It was 27 degrees at Mosoni-Duna Győr on Thursday, while it was 26 degrees...
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Inflation is managed in an interesting way by a supermarket
Inflation and its effect on purchasing power is one of the biggest concerns among the French. This problem has been a defining theme of the elections for years, Telex wrote....
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They started to harvest the grapes in Mecsekalja
One month earlier than usual – with the picking of the new, resistant varieties, the Jazmin variety – the harvest began on the almost forty-hectare vineyard of the University of...
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Sugar is not necessarily an enemy, in fact
The consumption of sugar is often a controversial topic, especially in terms of healthy lifestyle and sports performance. According to Gergely Deli, nutritionist and running coach, sugar does not necessarily...
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Nébih continues to develop eGN during the summer
The development work concerning the electronic Farming Diary is ongoing even during the summer, as a result of which Nébih is making the administrative tasks of farmers in eGN easier...
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The average price of arable land per hectare rose to over two million forints last year
MBH Agricultural Land Index: vineyards and orchards cost the most in 2023. Last year, the average price of arable land per hectare rose to more than two million forints, although...
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The laboratory of Nébih performs the oenological tests stably
The Nébih laboratory carries out the oenological tests with the usual efficiency and deadlines. In order to serve the sector even more efficiently, the office acquires a new large-scale instrument...
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