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GVH: Food inflation has not been as low as in February 2024 in seven years
In the second month of 2024, consumer prices were on average 3.7% higher than a year earlier, and food inflation was even lower, at 2.2%. In addition to government and...
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Shrink inflation has also reached Easter hams
As the Easter holiday approaches, we increasingly feel the challenges of preparing for Easter, among which the price increase of Easter hams is especially prominent this year. The National Association...
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Coffee can get really expensive
Starting next year, consumers in the EU will have to face a scarce supply and higher coffee prices, according to the German coffee industry’s professional representative organization, the Deutscher Kaffeeverband,...
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Márton Nagy: the collapse of inflation intensively supports the growth of real wages
Based on the latest data from the Central Statistical Office (KSH), inflation decreased to 3.7 percent in February 2024. The government reduced the rate of price increase to single digits...
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Women play the main role at this year’s Gourmet festival
The “female energies” will be the focus of this year’s Gourmet festival, which awaits the public with more than 100 exhibitors, including 35 restaurants and 7 pastry shops, between May...
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Oil producers have to cook up something
The Hungarian oil market is going through a period of change, partly because of external factors and partly owing to domestic rules. This article is available for reading in Trade magazin 2024/2-3...
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NAK: as spring approaches, more and more domestic vegetables are available in stores
Starting from the early spring period, more and more domestic vegetables are entering the shops and Hungarian goods are taking the place of imports – it is clear from the...
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Green Club meeting: innovation and education to prevent a catastrophe
December’s meeting of the Green Chapter of the Hungarian Marketing Association (MMSZ) was another Green Club event, this time at Real Nature’s modern and smart green headquarters. This article is...
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The reduction of food inflation is also thanks to the online price monitoring system
In addition to the targeted government measures and the actions of the central bank, the moderation of food inflation is due to the active interventions of the Economic Competition Authority...
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MNB: the slowdown in the inflation of manufactured goods and foodstuffs offset the increase in the price of fuel in February
The annual consumer price index decreased by 0.1 percentage points in February compared to the previous month; the disinflationary contribution of industrial goods (-0.4 percentage points) and food (-0.3 percentage...
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Just Eat Takeaway to end service in Paris
Just Eat Takeaway is to close its home delivery service in Paris and this decision could affect around 100 jobs. Just Eat is Europe’s largest food home delivery company, and...
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In order to replenish the horticulture profession, a mentoring program was launched in Szentes
In order to ensure the supply of the horticulture profession, the 450-producer Southern Gardeners’ Cooperative is launching a mentoring program together with the Alföldi Agricultural Training Center and the Bartha...
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18 percent less fertilizer was sold in 2023
Fertilizer distributors sold 1.08 million tons of fertilizer directly to farmers in 2023. The volume sold was 18.8 percent less than a year earlier. The nitrogen-phosphorus-potassium (NPK) active ingredient content...
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Ho.Re.Ca. Coffee Market in Central Eastern Europe Despite the Crisis
The Ho.Re.Ca coffee market in the CEE countries, including Hungary, Czech Republic, Slovakia, Slovenia, Croatia, Serbia, and Bosnia, has demonstrated significant recovery since the aftermath of the Corona pandemic. In...
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Aldi plans big expansion through new store openings, conversions
Aldi has announced its most ambitious expansion plans to date as it continues to grow its U.S. footprint coast to coast. The discount grocer plans to add 800 stores nationwide by...
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As spring approaches, more and more domestic vegetables are available in stores
Domestic lettuce and spring onions are available on the market almost all year round, but larger quantities are available in early spring, when imported goods are replaced by domestic produce...
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Syngenta to Reduce Carbon Impact of Ocean Shipping with Maersk’s ECO Delivery
Syngenta finalizes agreement with Maersk for ocean transport using biofuel for a Europe-US shipping route. Syngenta Crop Protection, a leader in agricultural innovation, is to reduce its greenhouse gas (GHG)...
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EU commissioner for agriculture: leaving arable land fallow can be permanently voluntary
Permanently, at least until 2027, it can be voluntary to leave four percent of the arable land fallow – EU Agriculture Commissioner Janusz Wojciechowski announced on Friday in an interview...
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In five years, this company became the largest container manufacturing company in Hungary
The Hungarian-owned Continest Technologies Zrt. has become the largest container manufacturing company in Hungary in five years, the Székesfehérvár company announced on Thursday. For MTI’s interest, it was explained: the...
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In Catalonia, reusable intimate hygiene products are provided free of charge
In Catalonia, reusable intimate hygiene products are provided for free to women. Women should have a “free and informed choice” about how they want to manage their menstrual cycles. This...
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Márton Nobilis: ham, eggs and horseradish receive special attention during the spring seasonal inspection
During the spring seasonal food chain inspections, special attention is paid to products distributed in larger quantities during the Easter holiday, such as eggs, ham, horseradish, confectionery products or wines,...
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Innovation willingness isn’t frozen in the chilled dairy snack category
There is good news and bad news for the chilled dairy snack category (chilled milk bars and cottage cheese based desserts): there has been a double-digit decline in volume sales...
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E-commerce trends in 2024
The VÁM 2021 customs duty regulation has been the latest big change to affect domestic e-commerce trends. As a consequence of domestic economic policy, record inflation kicked down the door...
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In the OECD, food inflation slowed down in January
In the countries belonging to the Organization for Economic Co-operation and Development (OECD), the annual growth of consumer prices slowed to an average of 5.7 percent in January from 6...
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Retail turnover increased in the euro area and the EU
Compared to the previous month, retail sales in the euro area and the European Union increased in January, but decreased year-on-year. The statistical office of the European Union, Eurostat, announced...
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In January, retail sales in Romania increased by 6.6 percent
Based on raw data, retail sales in Romania increased by 6.6 percent year-on-year in January, the National Institute of Statistics (INS) announced on Wednesday. The calendar-adjusted data show a 5.1...
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The National ESG Council was established
The National ESG Council has been established – announced the Ministry of National Economy. It is explained in the announcement: in recent years, there has been a demand on a...
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MOHU is waiting for applications from small shops for the development of the manual return system
Mol MOHU is waiting for applications from small shops and players in the horeca sector for the development of the manual return system – Szilvia Szabó, head of MOHU’s producer...
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Many risks are visible in the economy
According to the current prospects, the annual average annual inflation this year may be 4.2 percent, but many risks must be taken into account. For example, with the forint, which...
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Oettinger acquires non-alcoholic functional beer brand JoyBräu
German beer and soft drink maker Oettinger has acquired protein beer producer JoyBräu. The Hamburg-based start-up, founded in 2016, holds two patents for manufacturing and processing technology used in making...
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