Market News
October tea prices: why did Hungarians’ favorite hot drink become so expensive?
Date: 2024-10-25 12:11:52
Inflation and the rise in the price of raw materials had a significant impact on tea consumption habits, as the rising prices of food products affected not only tea, but...
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Domestic subscription e-commerce is exploding right now
Date: 2024-10-25 12:06:56
This summer, 4 percent of domestic webshops offered some kind of product in subscription form, however, according to the data, this proportion is expected to increase to 23 percent within...
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Challenges and performance of the Hungarian meat industry in 2023
Date: 2024-10-25 12:01:36
The year 2023 was full of significant challenges for the Hungarian food industry, but at the same time the industry also achieved growth, especially in export revenue. According to data...
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Dairy products becoming more expensive: why are your favorite everyday foods getting more and more expensive?
Date: 2024-10-25 11:58:09
Dairy products are still among the more expensive foods, and prices have even risen in recent months. According to AKI’s latest report, in September 2024, the processing sales prices of...
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Amazon launches annual food subscription programme
Date: 2024-10-25 11:48:47
Amazon is offering an annual food subscription programme for Prime members, as well as an expansion of its home delivery service for users who receive government assistance. The new annual...
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Gergely Suppan: it seems realistic to reach a minimum wage of 1,000 euros in the coming years
Date: 2024-10-25 11:42:41
In the coming years, the minimum wage may reach HUF 400,000, and at the current euro exchange rate, it may even exceed EUR 1,000, so the minimum wage around that...
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Infection risk from fresh vegetables: the McDonald’s E. coli outbreak and the challenges of fast food
Date: 2024-10-25 11:39:54
American fast food chains were forced to take a drastic step on Thursday: onions were temporarily removed from the menu at some McDonald’s restaurants after the fresh vegetable emerged as...
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Sándor Czomba: domestic employment remains high
Date: 2024-10-25 11:38:55
Based on the latest data from the Central Statistical Office (KSH), the number of employed people reached around 4,699,000 in September 2024, the Ministry of Economic Affairs (NGM) pointed out...
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KSH: in September, the number of employed people was 4,699,000, the unemployment rate was 4.5 percent
Date: 2024-10-25 11:37:56
In September 2024, the average number of employed persons aged 15-74 decreased by 32,000 compared to the same period of the previous year, to 4,699,000, the Central Statistical Office (KSH)...
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Vocational training in the paper industry was promoted by Vajda-Papír on the day of vocational training in Dunaújváros
Date: 2024-10-25 11:35:29
Vocational training in the paper industry was promoted by Vajda-Papír Kft. on Vocational Training Day in Dunaújváros, a factory visit was organized for young people in the company’s factory in...
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You can apply for the European Waste Reduction Week until November 6
Date: 2024-10-25 11:18:31
You can apply for promotions for the European Waste Reduction Week, which will be held between November 16 and 24, the main theme of which will be food waste, the...
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Domestic carbon emissions are lower than in Western Europe
Date: 2024-10-25 11:13:10
The first results of the K&H CO2 calculator for agriculture – developed by K&H Group and the Institute of Agricultural Economics (AKI) – show that the carbon emissions of Hungarian...
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In 2023, the number of pesticide residue notifications decreased in the European Union
Date: 2024-10-25 11:00:37
In 2023, the Member States recorded 8,700 notifications in the Alert and Cooperation Network (ACN). As in previous years, the number of notifications of the Rapid Alert System for Food...
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“Drink inflation” in Great Britain: they would tempt beer consumers with a lower alcohol content
Date: 2024-10-25 10:53:15
In Great Britain, the radical reduction of the alcohol content of Grolsch beer is another step in the cost-cutting measures of beer producers. The brand with Dutch roots, owned by...
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India abolishes export tax on parboiled rice: a significant impact is expected on international markets
Date: 2024-10-25 10:42:11
The Indian government recently announced that it will abolish the export tax on parboiled rice. The decision is justified by growing rice stocks and the expected record harvest after this...
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The call for tenders for the new agri-environmental management grant has been published
Date: 2024-10-25 10:30:22
In 2025, a new five-year AKG subsidy program will be launched, for which farmers can submit their subsidy applications between November 25, 2024 and December 23, 2024. The program, launched...
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Sustainability challenges in the technology industry: towards longer-life devices and green software
Date: 2024-10-25 10:28:31
The technology industry is increasingly facing sustainability challenges. The production of new devices involves a significant environmental burden, as around 80% of carbon dioxide emissions are generated during production. The...
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Ideation conference
Date: 2024-10-25 10:26:27
This year’s Shop! Ideation Conference & Retail Challenge event is the biggest annual conference of POPAI Hungary’s parent organisation, which will be held in Kansas City, USA on 7-8 October...
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Standard and Poor’s: Hungary is still recommended for investment
Date: 2024-10-25 10:22:13
In today’s rating, Standard and Poor’s confirmed that it continues to recommend Hungary for investment, so the reports of the three most important credit rating agencies all reflect a high...
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World market outlook: grain market forecast 2024 October
Date: 2024-10-25 10:00:05
Based on the latest October forecast of the FAO (Food and Agriculture Organization), global grain production in 2024 rose to 2,853 million tons. The reason behind the increase is the...
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Keurig Dr Pepper to buy energy-drinks business Ghost
Date: 2024-10-25 09:47:16
The 7Up maker will initially purchase a 60% shareholding in the brand for roughly $990m. US soft drinks major Keurig Dr Pepper has struck a deal to acquire the Ghost...
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Probiotics, botanicals to drive APAC’s health and wellness packaged food in 2024
Date: 2024-10-25 09:36:09
They were dubbed as rising super ingredients. Probiotics and botanicals are set to drive growth in health and wellness packaged foods in Asia, with nearly 70% of probiotic culture ingredients...
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Climate change is also a serious challenge for chrysanthemum growers
Date: 2024-10-25 09:30:04
This year, around 15 million chrysanthemums were produced in Hungarian gardens, less than the average, according to the overview of the National Chamber of Agrarian Economy. At the end of...
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Penny Italia Launches New Private-Label Line For Customers Aged 50 And Above
Date: 2024-10-25 09:19:52
Penny Italia has launched Foreveryou, a new own-brand product range designed for consumers between the age of 50-70 years. In stores from 7 November, Foreveryou will initially offer 15 functional...
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(HU) Élelmiszerlánc-biztonság: kedvezőek az idei nyári tapasztalatok
Date: 2024-10-25 09:18:55
Food chain safety: positive experiences this summer The summer seasonal food chain inspections were a success. This article is available for reading in Trade magazin 2024/10 During the two-month series...
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These are new opportunities for domestic wool utilization
Date: 2024-10-25 09:00:19
The Ministry of Agriculture held a professional consultation on expanding the utilization possibilities of domestic wool under the leadership of State Secretary for Agriculture and Rural Development Zsolt Feldman. During...
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KSH: in August, gross average earnings were HUF 628,800, 13.1 percent higher than a year earlier
Date: 2024-10-24 12:06:55
In August 2024, the gross average salary of those employed full-time was HUF 628,800, and the net average salary calculated with allowances in mind was HUF 433,100. The gross average...
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Eurostat: packaging waste produced by EU residents decreased in 2022
Date: 2024-10-24 12:04:33
In the European Union, 83.4 million tons of packaging waste were generated in 2022, 186.5 kilograms per inhabitant, which is 3.6 kilograms less than the 2021 figures, but an increase...
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On the way to “economic neutrality”: wage catch-up
Date: 2024-10-24 11:59:00
It seems that the Government has decided to carry out a forced wage catch-up in the coming years. Within this framework, he expects the minimum wage to be 1,000 euros...
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NGM promises an average salary of HUF 1 million
Date: 2024-10-24 11:50:14
According to Márton Nagy, the minimum wage of 1,000 euros and the average salary of 1 million forints are achievable, the Minister of National Economy held a meeting on Tuesday...
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