Market News

150,000 people have signed the agricultural petition, but that’s not enough

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

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

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

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?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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?

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

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

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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