Market News

Should ketchup go in the fridge or the pantry? Heinz has settled the debate

The age-old question of whether ketchup should be stored in the fridge or the pantry after opening has finally been settled – at least according to Heinz. The well-known sauce...

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The authority confirmed the plague of small ruminants in another settlement

The Nébih confirmed the plague of small ruminants in sheep herds kept in the settlements of Nagymétnekpuszta and Lenti in Zala County. Similar to the case in Szentgyörgyvölgy, the careless...

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Molson Coors To Acquire Stake In Fever-Tree, Gains US Distribution Rights

Molson Coors is to acquire an 8.5% stake in the Fever-Tree, in a deal giving the beer giant exclusive rights to market the British company’s cocktail mixers and tonic water...

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The digitalization of agriculture is being encouraged using the widest possible set of tools

The digitalization of agriculture is not being encouraged solely through individual calls for proposals, but through the Hungarian support policy system, using the widest possible set of tools – the...

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The National Chamber of Agriculture and Rural Affairs is helping its members planning small-scale investment projects with free application writing

The National Chamber of Agriculture and Rural Affairs is helping its members with a new free service. The NAK’s village economists are preparing applications to be submitted to the call...

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Lidl set to open first ever in-store pub after legal victory

Lidl is set to open its first ever in-store pub in Northern Ireland, following permissions granted by a High Court this week. During the ruling on Monday (27 January), judge...

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TikTok brings its fulfillment service to Germany

TikTok Shop is preparing to launch in Germany, as indicated by various job postings. Notably, sellers will soon be able to utilize Fulfilled by TikTok (FBT) in Germany. This suggests...

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Egg prices rose by 3 percent in the EU and 19 percent in Hungary

According to European Commission data, the EU (EU27)’s egg and egg product imports increased by 27 percent to 98 thousand tons in the first ten months of 2024 compared to...

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Focus on dairy prices: The effects of price monitoring and market trends

The focus of the Government’s economic policy measures is on controlling the prices of basic foodstuffs, such as milk and dairy products. According to the Index’s analysis, retail chains are...

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Inflation in the euro area accelerated slightly in January

Inflation accelerated in January, instead of the expected stagnation, and the highest value in the euro area was recorded in six months by the statistical office of the European Union,...

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NGM: Hungarian economy performed better than expected

The Hungarian economy performed above expectations in the last quarter of last year, with GDP growing by 0.5 percent, André Palóc, spokesperson for the Ministry of National Economy (NGM), said...

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Kifli.hu educates in the field of mindful eating

In the hustle and bustle of everyday life, mindful eating often takes a back seat, which can lead to many health problems. In addition to buying quality ingredients, it is...

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Employment continued to decline

In December, the monthly unemployment rate reported by the Central Statistical Office was 4.3%, which is below our expected 4.6% and the Bloomberg consensus. In November, we saw a rate...

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GVH: The expansion of the online Price Monitor is another help for Hungarian families

The online Price Monitoring system operated by the Hungarian Competition Authority (GVH) can help to keep food prices under control by stimulating the market. The GVH cooperates with the Ministry...

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K&H: Young people’s income has increased to a record level

The average monthly net income of young people increased to 234 thousand forints by the end of last year, compared to 200 thousand a year earlier. Compared to 2019, the...

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The Food Bank is an effective alternative, but the operation of the Food Rescue Center is still opaque

In January 2025, the Food Rescue Center Nonprofit Ltd. (EMK), for the operation of which the state has spent several billion forints in recent years, began its fourth year of...

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Turkey’s inflation slowed less than expected in January

In Turkey, the annual inflation rate slowed less than analysts had expected in January compared to December. Annual inflation eased to 42.12 percent in January from 44.38 percent in December....

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The luxury watch market is on a steep upward trend: special pieces are becoming increasingly popular even among Generation Z

The demand for premium and luxury watches has shown significant growth worldwide in recent years. According to experts, the value of the luxury watch market could increase to nearly $135...

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SPAR proudly sponsors the 2025 European Athletics Indoor Championships in Apeldoorn

SPAR is proud to be a sponsor of the 2025 European Athletics Indoor Championships, taking place from Thursday, 6 March to Sunday, 9 March 2025, in Apeldoorn, the Netherlands. This...

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Nestlé to invest $1bn to expand Mexico production

The Swiss giant is planning to increase the capacity of production plants in Veracruz, Guanajuato, Querétaro and the State of Mexico. Nestlé has put together a $1bn investment package for...

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The forint strengthened to a winter record high last Wednesday

The forint strengthened to a winter record high last Wednesday – the euro exchange rate even dipped below 407 forints on the interbank money market. The retail interest payment of...

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France not allowed to ban names like ‘plant-based bacon’

Manufacturers of plant-based meat alternatives are allowed to continue using words like ‘steak’, ‘sausage’ and other meat industry terms in France. The ruling of the French Supreme Court is a...

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Generali Group announces new growth strategy

The Generali Group is launching a new three-year strategy called “Lifelong Partnership 27: on the path to excellence”, which sets ambitious growth targets and sustainable financial development for the period...

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Retail is growing stronger: where and how much do Hungarians earn and spend?

Hungarian retail is gradually strengthening, but according to the data, there are still significant differences in earnings and spending between the country’s regions. In the first nine months of 2024,...

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Shrinkage inflation affects more and more products

Shrinkage inflation continued in January 2025, with more food and toiletries now available in smaller packages in stores, Portfolio reports. The paper reminds us that the change affects all pre-packaged...

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Rising food prices: spectacular price increases at the beginning of the year

In the first month of the year, a significant price increase can be observed in stores: in the same store, the same products cost up to 10 percent more than...

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Mere in Hungary: price list already available, no store yet

The Russian retail chain Mere has not yet officially opened a store in Hungary, but its price list has already been prepared, which reveals the prices it plans to compete...

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Arabica coffee breaks records

The price of Arabica coffee has already risen by 15 percent this year, setting a new record on the international market, Reuters reports. Arabica is the main ingredient for higher-quality...

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NGM spokesperson: in addition to GDP data, indicators affecting people’s lives also developed favorably

Beyond the gross domestic product (GDP), there are human lives, indicators that influence people’s lives, and they have also developed favorably in the recent period – stated the spokesperson for...

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GDP could grow by 2 percent in 2025

According to the current outlook, GDP growth of around 2.3-2.4 percent can be expected in 2025 in annual comparison, which exceeds the 0.5 percent increase according to last year’s raw...

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