Market News
Black Friday is coming – GVH is helping Hungarian consumers again this year
The practice is becoming more and more common that customers can find Black Friday discounts and Christmas sales not only at the end of November, but throughout November. The Economic...
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Retail sales in the Czech Republic also decreased in September
Retail sales in the Czech Republic decreased by 4 percent year-on-year in September, the Czech Statistical Office (CSÚ) announced on Tuesday in Prague. In August, a drop of 2.8 percent...
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The negative hidden costs of food systems can reach $10 trillion
Agrifood systems generate significant benefits to society, including the food that nourishes us and jobs and livelihoods for over a billion people. However, their negative impacts due to unsustainable business-as-usual...
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Hungary’s GMO-free position must be strengthened
Hungary’s GMO-free position must be reaffirmed for the sake of food safety – urged Antal Csárdi, the deputy faction leader of the LMP, on Tuesday. At his press conference, which...
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Szabina Tomán: “If you believe in your product, you can sell everything”
Businesswoman Szabina Tomán – whose new book has just come out – was Szilvia Krizsó’s guest in the latest episode of the Future Talks podcast. This article features parts of...
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Advertisements are collected from garbage in a domestic advertising podcast
Kim Kardashian’s trash can, the Sziget commercial with Péter Janklovics, György Klapka and the gold, Kapa and Pepe, and Tibi Kasza’s car sticker are all discussed in the KreaTúra podcast....
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There are six priority sectors: vehicles, health, food, raw materials and creative industries, as well as information and communication technology
The Hungarian pharmaceutical industry represents a huge value and international competitiveness from the point of view of the country – said the Minister of Economic Development in a video message,...
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In an increasingly smaller area, fewer and fewer potatoes are grown
According to KSH data, the area under cultivation and the amount of potatoes produced show a decreasing trend: in 2022, 17 percent less potatoes (199.2 thousand tons) were produced than...
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Chamber of Agriculture: next year, the rules of the new KAP on crop rotation will enter into force
The preparation of next year’s sowing plans requires even more care than before, after the rules of the new Common Agricultural Policy for crop rotation and the preservation of biological...
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KPMG: Lots of coal, less natural gas, slightly more renewables in last year’s global energy mix
While it increased by roughly one percent worldwide, primary energy consumption in Europe decreased by almost four percent, according to the Statistical Review of World Energy research conducted by the...
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8 percent more sunflower seed production is expected in the EU
Oil World expects a worldwide sunflower seed harvest of 56.7 million tons (+3 percent) in 2023/2024. financial year. The global output may be 0.5 million tons below the indicated consumption of...
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Rossmann tests artificial intelligence in Germany
As of early November, Microsoft allows German companies to use the artificial intelligence assistant “Microsoft Copilot”. Rossmann is putting it to the test in everyday work. “Microsoft Copilot” is a...
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Consumers want grocers to use AI to help them save money, Dunnhumby finds
More than half of participants in the firm’s latest Consumer Trends Tracker said they share their information with grocers to redeem rewards, up 4 percentage points from earlier this year. Consumers are...
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Beetroot is becoming more and more popular among Hungarian consumers
There is a real superfood on Hungarian soil, beetroot, rich in vitamins and minerals, is being grown by farmers in an ever-increasing area, according to the joint market overview of...
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Beyond Meat conducting strategic review of its operations
Beyond Meat is conducting a strategic review of its global operations as its sales situation deteriorates. In a Nov. 2 announcement, six days before releasing its third-quarter earnings on Nov....
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An outbreak of bird flu has been confirmed in the Hajdú-Bihar county of Nébih
The laboratory of the National Food Chain Safety Office (Nébih) confirmed the presence of a highly pathogenic avian influenza virus in the county of Hajdú-Bihar. The liquidation of the affected stock...
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What makes procurement sustainable? An expert from Grant Thornton explains
The purchasing area and the purchasers are under increasing pressure in order to integrate sustainability criteria into purchases, support the transition to a circular economy, and the company’s carbon neutrality...
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K&H: tax-free saving has become more popular
The social contribution tax (socho), which was introduced in July, reduces the yield of many savings, so the long-term investment account (tbsz) is an even more attractive solution than before,...
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The population’s sense of inflation is decreasing, but still very high
According to the official inflation data, consumer prices rose by 12.2% in September compared to the same period of the previous year. Compared to this, according to a representative survey...
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Az ár győzött a tápérték felett
Folytatódik-e Magyarországon a tendencia, miszerint a magyar háztartások egyre tudatosabban és fenntarthatóságra törekedve vásárolnak? És vajon mennyire nyomja rá a bélyegét táplálkozási szokásainkra a jelenlegi inflációs környezet, amely Magyarországon a...
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Information from the Chamber of Agriculture helps you plan the autumn and next year’s sowing
Next year, farmers will no longer be exempt from the new EU regulations on crop rotation and the designation of non-productive areas, but they can find out about the changes...
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Carrefour Completes Acquisition Of Cora In Romania
Carrefour has completed the acquisition of all activities of the Cora brand in Romania. The deal will see Carrefour taking over 10 hypermarkets and nine convenience stores and integrating more...
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The autumn harvest in Békés county has ended
The autumn harvest in Békés county has ended. Farmers are unhappy because of the low purchase prices and the damage caused by overgrown pucks. The harvesting of sunflowers and...
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Germany: Ritter Sport launches new chocolate from January
The confectionery manufacturer Ritter wants to drive its business forward with a new product. It is to be a so-called large chocolate bar with very special contents, as Lebensmittel Zeitung...
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Polish Shoppers Turn To Store Brands To Save Costs, Study Finds
Most Polish consumers have changed their way of shopping for FMCG products and are turning to private labels to save money. Close to a half of consumers (47%) shopped at...
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Fertilizer sales prices decreased further 2023 VII-IX.
In the months of 2018, compared to the volume sold in the same period a year earlier, 66 percent more fertilizer was delivered to farmers. Within the product range, the turnover...
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FAO: International food prices stagnated in October
The international index for food prices ended October with a minimal – half a percent – decrease, only dairy products rose in price – reported the Food and Agriculture Organization...
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K&H: a good third of young Hungarians are satisfied with their lives
The index reflecting the mood of Hungarian youth has now dropped from 20 points measured at the beginning of the decade to 11 points, although there has been little change...
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Dumping of Egyptian and Chinese garlic is expected
Over the past few years, the amount of garlic produced in Hungary has decreased by a third. Meanwhile, garlic imports have multiplied, and last year we imported six times more...
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Hungarian participation in the “Subgroup on Innovation and Knowledge Exchange” event in Brussels
AKI participated in the “Subgroup on Innovation and Knowledge Exchange” (SoIKE) event organized by the European Commission and held in Brussels on October 27, 2023, within the framework of the...
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