Market News
150,000 people have signed the agricultural petition, but that’s not enough
Date: 2024-12-05 09:30:13
More than 150,000 people have already signed the agricultural petition, but we can’t stop there – said István Nagy, Minister of Agriculture, in a video message posted on his social...
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Agrometeorology: soils continue to replenish
Date: 2024-12-05 09:00:39
The upper half-meter layer of soils contains a lot of moisture almost nationwide, which means favorable conditions for the strengthening of autumn cereals before winter, and the soils continue to...
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OECD upgrades global GDP growth forecast for 2025
Date: 2024-12-04 12:32:10
The Organization for Economic Co-operation and Development (OECD) on Wednesday raised its global economic growth forecast for next year to 3.3 percent from 3.2 percent. The OECD also reaffirmed its...
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Food price increases accelerated to 3.9 percent in October in the OECD, from 3.7 percent in September
Date: 2024-12-04 12:31:57
Inflation accelerated in the countries of the Organization for Economic Cooperation and Development (OECD) in October, year-on-year. According to data published on the website of the Paris-based organization, the rate...
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The Christmas menu may become more expensive: What should we expect during the holiday season?
Date: 2024-12-04 12:30:53
As the holiday season approaches, many people are already planning their Christmas menus and preparing their budgets. However, this year’s Christmas will not be without price increases. According to experts,...
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Biodiversity Conference: Droughts causing damage of 300 billion euros per year on Earth
Date: 2024-12-04 12:19:07
Global droughts are causing an estimated €300 billion (HUF 124 trillion) in annual damages, according to a UN report presented on the second day of the 16th Biodiversity Conference (COP16)...
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Hungarian Retailers Unite for Charity During the Holiday Season
Date: 2024-12-04 12:17:25
Seven major Hungarian food retail chains—Aldi, Auchan, Lidl, Penny, SPAR, Tesco, and Metro—are continuing their tradition of supporting those in need during the holiday season. Through donations of food, clothing,...
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The wishes of 1,200 disadvantaged children will come true this Christmas
Date: 2024-12-04 11:55:25
At Christmas, most people plan to donate to sick, disadvantaged or difficult children, according to a recent national representative survey of Yettel Christmas customs. Many people want to know exactly...
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AM: Hungarian Presidency prioritizes consumer protection
Date: 2024-12-04 11:43:35
Hungary is committed to supporting the work of the European Food Safety Authority (EFSA), thereby contributing to the creation of a safer, more sustainable food environment – said Márton Nobilis,...
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Waberer’s Group: Female Logistician of the Year was elected again this year
Date: 2024-12-04 11:16:56
Waberer’s Group wants to improve the proportion of women working in logistics – especially in management positions. The company has therefore announced the Women’s Logistician of the Year award for...
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Mastercard Digital Payment Index moves up
Date: 2024-12-04 10:46:15
In 2023 Hungary stood at 62 points in the Mastercard Digital Payment Index (DPI), which analyses the progress of digitalisation in payments – this was an increase of 11 points...
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Lidl buildings going green
Date: 2024-12-04 10:42:54
Lidl Magyarország acquired the EDGE green building certification for all of its stores by the end of 2023, which is an important milestone in the company’s energy efficiency targets, informed...
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The European Union’s new targets for a smoke-free future
Date: 2024-12-04 10:28:11
The European Commission has welcomed the European Council’s decision to review the recommendations on smoke-free environments. The new guidelines aim to reduce the harmful effects of passive smoking and aerosols,...
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The downsides of a plant-based diet: a new study on sustainability
Date: 2024-12-04 10:11:48
Popular plant-based foods such as almond milk, avocados and cashews could be putting a significant strain on the environment, according to new research from the University of Oxford’s Environmental Change...
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Shelf space restructuring at Tesco in the UK
Date: 2024-12-04 10:04:05
Tesco is using AI technology to expand its range of healthy, convenient snacks and meals at more prominent points in its stores. This article is available for reading in Trade...
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Sales Of Non-Alcoholic Beer ‘Skyrocket’ At Norway’s KIWI
Date: 2024-12-04 09:51:54
An initiative by Norwegian retailer KIWI to reduce the price of non-alcoholic beer by 20%, to encourage healthier consumption over the Christmas holidays, has resulted in a surge in sales,...
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Mutti processes more tomatoes despite extreme weather conditions
Date: 2024-12-04 09:20:58
Tomato producer Mutti has processed 565,000 tonnes of tomatoes this year. Due to drought and rainfall, the harvest season lasted until the end of October. The company supported its farmers...
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35% of Australian small retailers introduce new products for festive shoppers
Date: 2024-12-04 09:10:38
44% of anticipate sales to rise compared to last year. Australian small retailers are focusing on innovation this festive season, with 35% introducing new products and services to attract shoppers,...
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Nébih: Auchan recalled 200 gram candied poppy seeds
Date: 2024-12-04 09:05:21
Auchan has recalled the 200-gram Auchan Kedvenc ground candied poppy seed product with a best-before date of April 2025 from circulation due to the possible presence of foreign matter, the...
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Makeups and fragrances – new innovations in beauty care
Date: 2024-12-03 20:12:02
This article is available for reading in Trade magazin 2024/12-01 Bettina Kovács, category manager of Primőr Kozmetikai Kft. has experienced a boom in the decorative cosmetics market for years. Citing...
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Eternal elegance
Date: 2024-12-03 19:50:37
This article is available for reading in Trade magazin 2024/12-01 “According to NIQ retail data, the whisky category grew by approximately 5% in the last 12 months. Price competition is...
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An everyday nutrient bomb
Date: 2024-12-03 19:26:10
Smoothies don’t just play an important role in health-conscious eating. This article is available for reading in Trade magazin 2024/12-01 Pre-packed smoothies represent a practical choice, providing a quick nutritional...
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Pharmacies and beyond
Date: 2024-12-03 19:12:00
Recently the OTC market has been influenced by three factors: the cold and flu season, inflation, and the declining and then stagnating real wages of patients. With all these influences,...
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Awards galore at the 15th POP competition
Date: 2024-12-03 19:10:04
2024 was an outstanding year in the history of the Hungarian POPAI Awards POP competitions, which have a 15-year tradition. A large number of entries were exhibited in Tapolca during...
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Butter and margarine brands: the force is with them
Date: 2024-12-03 19:09:43
Both margarine and butter sales have decreased recently, albeit slower than before. This article is available for reading in Trade magazin 2024/12-01 The volume ratio of the two categories is...
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Fruit syrups in the price storm
Date: 2024-12-03 19:08:35
As the price level of soft drinks is on the rise, more and more people are choosing fruit syrups – but just like in all other product categories, the price/value...
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Make sustainability an easy-to-get bonus
Date: 2024-12-03 19:08:03
As the financial woes of consumers have eased in the wake of the cost-of-living crisis, the focus has shifted to other fears, such as health and the environment. These concerns...
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Microbiome 2 – how does the food industry come into the picture?
Date: 2024-12-03 18:47:38
Following on from the previous article “Microbiome 1 – elements of a super-organism”, it is very important to link theory to practice, since it is microbes that are involved in...
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Technical working group helps to promote reusable packaging
Date: 2024-12-03 18:27:38
By 2030 minimum 10% of consumer packaging will be reusable and by 2040 this ratio is planned to reach 40%. This article is available for reading in Trade magazin 2024/12-01...
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SPAR compensates for its events by planting fruit trees
Date: 2024-12-03 18:25:15
In 2024 SPAR Magyarország organised two major events and the retailer will offset their environmental impact by planting fruit trees. This article is available for reading in Trade magazin 2024/12-2025/01 GreenDependent...
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