Market News

Tesco: dedicated menopause section in the UK

In the United Kingdom Tesco is testing a menopause section: it is marking menopause-relevant products with the world’s first universal symbol, the M-tick, both online and offline. From 7 February...

Read more

What will you be eating tomorrow?

Plant-Powered Perspectives is a business conference, which took place for the third time last year at the METRO Gastro Academy, and it is also Hungary’s premier plant-based food event. This...

Read more

Agricultural subsidies: MBH Bank provides pre-financing for up to several years

MBH Bank further expanded the possibilities of pre-financing agricultural subsidies. At the credit institution, farmers can now apply for pre-financing of grants within the framework of the Unified Applications, not...

Read more

Construction of the industrial park next to the logistics center continues in Zalaegerszeg

The second phase of the construction of the industrial park to be built next to the future logistics center of the German Metrans will continue in Zalaegerszeg at a cost...

Read more

Agrometeorology: nighttime ground frosts are returning

Temperatures corresponding to the first half of April will remain, and at night, weak frosts will threaten the fruit harvest in the frost-prone areas, HungaroMet Zrt. wrote in its agrometeorological...

Read more

Mercadona Boosts Investment In Portugal

Spanish supermarket chain Mercadona is planning to inject €180 million into its Portuguese subsidiary to fund continued expansion plans in the country throughout 2024. The additional investment will directly support...

Read more

HelloFresh Opens New Automated Production Facility In The UK

Meal kit firm HelloFresh has opened an automated production facility in Derbyshire, as it seeks to boost the growth and innovation of its brands in the UK. The site, named...

Read more

Agricultural insurance claim payments decreased in 2023

Agricultural premium income totaled HUF 32.8 billion (-10 percent), and damage payments totaled HUF 12.1 billion (-77.2 percent) in 2023. Thus, revenues decreased by a tenth and payments by almost...

Read more

Card payments continue to grow in Germany

According to data from the EHI research centre, card payments in the German retail sector have reached €300 billion for the first time. Girocard is particularly popular with shoppers. „The...

Read more

The aflatoxin load of Hungarian consumers was examined by Nébih specialists

The University of Debrecen and the National Food Chain Safety Office (Nébih) participated in a joint project entitled: “Determining the short-term and long-term aflatoxin exposure of Hungarian consumers in the...

Read more

Twenty years in the EU: how has Hungarian consumption changed?

On 1 May 2004 ten new member states joined the European Union, including Hungary. In connection with this, GKI has examined how the consumption of the population changed during the...

Read more

Carefree consumers? Considerable differences in the middle-aged camp

Although inflation receded, the income of middle-aged people did not increase significantly, so the proportion of those who see their financial situation as good or poor did not change significantly....

Read more

18+! Will cola be next after the energy drink?

According to the new regulations coming into force in Hungary, it will be forbidden to sell or serve energy drinks to people under the age of 18 if the caffeine...

Read more

Márton Nagy: retail trade and food consumption have picked up, tourism has grown by 15 percent

Economic growth will start again next year: after this year’s 2.5 percent, a 4.1 percent expansion is expected in 2025, the Minister of National Economy said on Wednesday in Debrecen,...

Read more

The annual growth rate of food, alcoholic beverages and tobacco prices slowed to 2.6 percent in March in the eurozone

In accordance with the preliminary estimate, the annual inflation in the euro zone slowed down in March, according to the final data published by Eurostat, the statistical office of the...

Read more

A lot of imported tomatoes arrive to Hungary

About 20,000 tons of tomatoes arrive in Hungary from abroad every year, especially in the period between October and March. Based on the information from FruitVeB, the Agricultural Sector highlighted...

Read more

NAK is concerned about EU food safety in relation to imported products

While the European Commission requires its own producers to comply with the strictest food safety standards in the world, it allows salmonella-infected Ukrainian chicken meat to enter without restrictions. The...

Read more

Alcampo’s private label range grew by 5% last year

Spanish hyper- and supermarket chain Alcampo launched around 281 private label food, drug and perfume products last year, which meant a 5% rise in its private label assortment compared to...

Read more

An immediate revision of EU regulations on imported products is necessary

While the European Commission requires its own producers to comply with the strictest food safety standards in the world, it allows salmonella-infected Ukrainian chicken meat to enter without restrictions. The...

Read more

Lucozade unveils biggest relaunch to supercharge UK drink sales

Lucozade has unveiled its biggest relaunch in the brand’s history, as it rolls out a new masterboard platform to supercharge sales of its drinks across the UK market. The “Bring...

Read more

British inflation is at a two-and-a-half-year low

The pace of annual British inflation slowed to a two-and-a-half-year low in March. According to data presented by the British Statistics Office (ONS) on Wednesday, consumer prices were on average...

Read more

Sándor Czomba: the proportion of guest workers is low, jobs cannot be taken away from Hungarians

Hungary belongs to the Hungarians, it is only possible to temporarily stay and work in our country for the purpose and legal title determined by the Hungarian state, and if...

Read more

Consumers continue to blend in-store, online shopping methods

Nearly three-quarters of U.S. consumers are embracing the omnichannel shopping journey. Seventy-three percent of consumers blend online research, physical store visits and options such as buy-online-pickup-in-store or in-store returns before...

Read more

REWE Opens Its First 100% Plant-Based Supermarket In Berlin

German retailer REWE has opened its first purely plant-based supermarket in Berlin, offering more than 2,700 vegan products. The store is the first vegan outlet for REWE Group, which operates...

Read more

A new chapter in the development of Hungarian agriculture: HUF 475 billion in the name of sustainability and innovation

In accordance with the strategic plan of Hungary’s KAP (Common Agricultural Policy), new calls for tenders have appeared, which are intended to promote the modernization and sustainable development of the...

Read more

Vegan Food Group acquires Germany’s TofuTown

In its largest acquisition to date, Vegan Food Group has bought German organic meat producer TofuTown, making it a key player in the European plant-based market. This article is available...

Read more

Hungary has been in the EU for 20 years: how has foreign trade changed?

On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...

Read more

2024 could already be the year of growth in retail

This year could be the year of growth in Hungary after the previous year’s recession, to which we expect the expansion of consumption to make a substantial contribution. However, retail’s...

Read more

Climate change will further increase food inflation

Rising temperatures and extreme weather events can have a serious impact on agriculture and food inflation, according to a recent study by the Potsdam Climate Change Research Institute (PIK). According...

Read more

K&H: three thousand forints is not enough for two hamburgers today, two years ago it was three

“Child inflation” slowed further, but it is still 8 percent on an annual basis. The price of the product basket, compiled based on children’s consumption habits, increased by that much....

Read more
Oldal