Market News

Apples are expensive, the harvest was poor

Due to the weak European harvest, there is a high demand for Hungarian apples, which predicts an increase in prices. According to the forecasts of the Hungarian Fruit and Vegetable...

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Synchronization with EK will also be an available function in eGN this year

The specialists of Nébih are currently working on two major developments in the electronic management diary system (eGN), which will enable the implementation of regular data connection and synchronization with...

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Lenovo’s quarterly profit and revenue increased

The quarterly profit and revenue of the world’s leading personal computer (PC) manufacturer, Chinese Lenovo, rose sharply, partly due to the increase in demand for PCs, the company announced on...

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The spread of bluetongue has accelerated in the Netherlands

The number of cases of bluetongue, which attacks ruminant animals, has increased in the Netherlands, the Dutch authorities announced on Thursday, and the epidemic is also spreading in Belgium, France...

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Insect-Based Pet Foods Get Thumbs Up From Pet Owners

Some 62% of cat owners and 52% of dog owners believe that insect-based pet foods are an effective alternative to traditional pet foods, particularly when sustainability considerations are taken into...

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Agrometeorology: plants are suffering from drought, the heat is only slowly easing

Summer crops are suffering from drought all over the country, however, the rainfall during the long weekend significantly alleviates the drought in only a few places, and the heat is...

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Expanding production, increasing efficiency in Hungarian vegetable production

In the past decade and a half, there has been a significant improvement in efficiency in domestic vegetable production, which is most strikingly reflected in the yields, said Minister of...

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Walmart owns the top 5 private label brands

Numerator’s updated Private Label Trends Tracker has found that nearly all U.S. households purchased private label products in grocery, health and beauty, household, and home and garden categories over the last 12 months,...

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Arsenal signs Chivas Regal

With transfer deadline day two weeks away, Arsenal has announced a multi-year partnership with Pernod Ricard-owned Scotch whisky brand Chivas Regal. Chivas Regal will be supporting both the men’s and...

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A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy

A new top organization called the National Trade Office could be created, which would come under the Ministry of National Economy headed by Márton Nagy, Népszava reported. Consumer protection control,...

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K&H: Almost two-thirds of businesses are planning development

The majority of domestic micro, small and medium-sized enterprises, 61 percent, plan to make some kind of investment in the next year, according to the latest data of the K&H...

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KSH: industrial production fell by 8.2 percent in June

In June 2024, the volume of industrial production was 8.2 percent, or 3.7 percent less than a year earlier, adjusted for the working day effect. The significant difference compared to...

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In the second quarter, GDP grew by 0.3 percent in the euro area and in the EU on a quarterly basis

In the second quarter of this year, with a seasonal adjustment, the gross domestic product (GDP) increased by 0.3 percent compared to the first quarter in both the euro area...

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There is a lot of uncertainty among SMEs

The Economic and Business Research Institute’s (GVI) Quarterly Economic Index for July 2024 shows a significant decline compared to the previous quarter. The value of the indicator decreased from +20...

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Pensioners are in a difficult situation at the cash register

According to the latest data from the Central Statistical Office (KSH), inflation continued to accelerate in July, rising to 4.1 percent on an annual basis. This value is higher than...

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Dr. András Tóth: The GVH also actively deals with artificial intelligence

There is a lively international interest in the market research of the Economic Competition Authority, which was launched by the national competition authority at the beginning of the year, and...

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Attila Till, MOHU’s ambassador, spoke about his thoughts on DRS

MOHU’s DRS has successfully recycled 100 million bottles since its launch. The system, introduced in the summer, aims to increase the recycling rate of PET bottles from 40% to 90%....

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The more resistant cocoa plants of the future were born in the midst of the Israeli-Palestinian conflict

Promising Israeli agricultural research to create more drought-tolerant cocoa plants has nearly failed after the armed conflict between Israel and Palestine crippled the trial site. However, the 18 cacao seedlings...

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Dangerous substances have been found in the products of Chinese e-commerce giants

The security risks of products sold by Chinese online giants such as Shein, Temu and AliExpress have once again come under the spotlight. According to the latest investigation by the...

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After three thousand years, the beer of the ancient Egyptians was brewed again

The intersection of history, archeology and gastronomy is becoming increasingly popular, and in recent years many ancient foods and drinks have been recreated by enthusiastic researchers, archaeologists and amateurs. One...

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Garlic is healthier than we thought

Ikaria, the Greek island known as one of the “Blue Zones” of the world, stands out for its percentage of people reaching the age of 100. Speaking to CNBC, a...

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Inflation slowed in the United States in July

In July, inflation and core inflation in the United States slowed down as expected, according to the U.S. Department of Labor’s statistical institute in Washington. Based on Wednesday’s report from...

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Cow-free cheese: German consumers increasingly open to precision fermentation-based products

Many German consumers are open to trying and buying precision fermentation-based (PF) cheese, researchers at the University of Göttingen, Germany, have found. Some 57% of those surveyed were willing to...

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Aldi Süd sends kebab food trucks on tour through Germany

Aldi capitalizes on rising restaurant prices and puts a spotlight on its private label fast food ranges. Food trucks selling Aldi kebabs are on a roadshow in several German cities....

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Covirán Eyes Acquisition Of Some Auchan Stores In Portugal

Spanish supermarket chain Covirán is considering the potential acquisition of some Auchan stores in Portugal as the French retailer is forced to sell off some of its outlets in the...

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Nespresso debuts honey-based product line

Nespresso USA has launched Nespresso Bloom, a range of honey-based products. The line includes Coffee Blossom Honey and Coffee Blossom Honey Syrup. The coffee blossom honey is a raw honey...

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At the EU level, the increase in performance of domestic livestock breeding is also outstanding

The performance of the Hungarian pig, poultry and dairy sectors increased significantly in the first half of 2024, even in comparison with the European Union, and the export rate of...

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MOHU: the number of returned beverage packages reached one hundred million

The number of returned beverage bottles, cans and glasses in the mandatory redemption fee system (DRS) in Hungary has reached 100 million, the head of the producer responsibility system of...

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Energy drinks will not be a prohibited product

Contrary to many reports published so far, from the start of school in September 2024, energy drinks will not be a prohibited product in educational institutions – we learn from...

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The core inflation rate calculated without food and energy prices did not change on a monthly basis in the USA

A várakozások alatt alakult júliusban a termelőiárak emelkedése mind havi, mind éves bázison a washingtoni munkaügyi minisztérium statisztikai intézete, az U.S. Bureau of Labor Statistics kedden publikált jelentése alapján. Az...

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