Market News
Tesco: dedicated menopause section in the UK
Date: 2024-04-18 11:00:43
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...
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What will you be eating tomorrow?
Date: 2024-04-18 10:47:21
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...
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Agricultural subsidies: MBH Bank provides pre-financing for up to several years
Date: 2024-04-18 10:30:54
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...
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Construction of the industrial park next to the logistics center continues in Zalaegerszeg
Date: 2024-04-18 10:07:09
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...
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Agrometeorology: nighttime ground frosts are returning
Date: 2024-04-18 10:00:31
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...
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Mercadona Boosts Investment In Portugal
Date: 2024-04-18 09:42:20
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...
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HelloFresh Opens New Automated Production Facility In The UK
Date: 2024-04-18 09:37:10
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...
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Agricultural insurance claim payments decreased in 2023
Date: 2024-04-18 09:30:09
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...
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Card payments continue to grow in Germany
Date: 2024-04-18 09:05:45
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...
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The aflatoxin load of Hungarian consumers was examined by Nébih specialists
Date: 2024-04-18 09:00:26
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...
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Twenty years in the EU: how has Hungarian consumption changed?
Date: 2024-04-17 16:04:59
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...
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Carefree consumers? Considerable differences in the middle-aged camp
Date: 2024-04-17 12:55:13
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....
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18+! Will cola be next after the energy drink?
Date: 2024-04-17 12:45:31
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...
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Márton Nagy: retail trade and food consumption have picked up, tourism has grown by 15 percent
Date: 2024-04-17 12:10:58
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,...
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The annual growth rate of food, alcoholic beverages and tobacco prices slowed to 2.6 percent in March in the eurozone
Date: 2024-04-17 11:46:14
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...
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A lot of imported tomatoes arrive to Hungary
Date: 2024-04-17 11:46:03
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...
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NAK is concerned about EU food safety in relation to imported products
Date: 2024-04-17 11:31:11
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...
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Alcampo’s private label range grew by 5% last year
Date: 2024-04-17 10:59:07
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...
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An immediate revision of EU regulations on imported products is necessary
Date: 2024-04-17 09:30:30
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...
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Lucozade unveils biggest relaunch to supercharge UK drink sales
Date: 2024-04-17 09:30:14
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...
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British inflation is at a two-and-a-half-year low
Date: 2024-04-17 09:22:14
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...
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Sándor Czomba: the proportion of guest workers is low, jobs cannot be taken away from Hungarians
Date: 2024-04-17 09:17:54
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...
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Consumers continue to blend in-store, online shopping methods
Date: 2024-04-17 09:16:09
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...
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REWE Opens Its First 100% Plant-Based Supermarket In Berlin
Date: 2024-04-17 09:05:52
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...
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A new chapter in the development of Hungarian agriculture: HUF 475 billion in the name of sustainability and innovation
Date: 2024-04-17 09:00:19
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...
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Vegan Food Group acquires Germany’s TofuTown
Date: 2024-04-17 08:50:34
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...
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Hungary has been in the EU for 20 years: how has foreign trade changed?
Date: 2024-04-16 23:59:24
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...
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2024 could already be the year of growth in retail
Date: 2024-04-16 15:30:57
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...
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Climate change will further increase food inflation
Date: 2024-04-16 12:43:35
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...
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K&H: three thousand forints is not enough for two hamburgers today, two years ago it was three
Date: 2024-04-16 12:20:01
“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....
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