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Egg prices rose by 3 percent in the EU and 19 percent in Hungary
According to European Commission data, the EU (EU27)’s egg and egg product imports increased by 27 percent to 98 thousand tons in the first ten months of 2024 compared to...
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Focus on dairy prices: The effects of price monitoring and market trends
The focus of the Government’s economic policy measures is on controlling the prices of basic foodstuffs, such as milk and dairy products. According to the Index’s analysis, retail chains are...
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Inflation in the euro area accelerated slightly in January
Inflation accelerated in January, instead of the expected stagnation, and the highest value in the euro area was recorded in six months by the statistical office of the European Union,...
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NGM: Hungarian economy performed better than expected
The Hungarian economy performed above expectations in the last quarter of last year, with GDP growing by 0.5 percent, André Palóc, spokesperson for the Ministry of National Economy (NGM), said...
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Rossmann’s new logistics center in Üllő was completed in record time
The Rossmann drugstore chain has begun the system technology development of its new headquarters, after the developer, Panattoni Hungary, and the owner, OTP Real Estate Investment Fund, handed over the...
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Kifli.hu educates in the field of mindful eating
In the hustle and bustle of everyday life, mindful eating often takes a back seat, which can lead to many health problems. In addition to buying quality ingredients, it is...
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Employment continued to decline
In December, the monthly unemployment rate reported by the Central Statistical Office was 4.3%, which is below our expected 4.6% and the Bloomberg consensus. In November, we saw a rate...
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GVH: The expansion of the online Price Monitor is another help for Hungarian families
The online Price Monitoring system operated by the Hungarian Competition Authority (GVH) can help to keep food prices under control by stimulating the market. The GVH cooperates with the Ministry...
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K&H: Young people’s income has increased to a record level
The average monthly net income of young people increased to 234 thousand forints by the end of last year, compared to 200 thousand a year earlier. Compared to 2019, the...
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The Food Bank is an effective alternative, but the operation of the Food Rescue Center is still opaque
In January 2025, the Food Rescue Center Nonprofit Ltd. (EMK), for the operation of which the state has spent several billion forints in recent years, began its fourth year of...
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Turkey’s inflation slowed less than expected in January
In Turkey, the annual inflation rate slowed less than analysts had expected in January compared to December. Annual inflation eased to 42.12 percent in January from 44.38 percent in December....
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The luxury watch market is on a steep upward trend: special pieces are becoming increasingly popular even among Generation Z
The demand for premium and luxury watches has shown significant growth worldwide in recent years. According to experts, the value of the luxury watch market could increase to nearly $135...
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Gastronomic festivals all year round at Lake Balaton
The vice president of the Balaton Tourism Association, Tamás Fekete, emphasized in his press release that tens of thousands of people come to the Balaton area every year to participate...
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Czech beer culture added to the list of Czech intangible heritage
Czech beer culture has been added to the list of Czech intangible cultural heritage, Czech Culture Minister Martin Baxa, whose ministry initiated the move, announced in Prague on Thursday. “The...
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SPAR proudly sponsors the 2025 European Athletics Indoor Championships in Apeldoorn
SPAR is proud to be a sponsor of the 2025 European Athletics Indoor Championships, taking place from Thursday, 6 March to Sunday, 9 March 2025, in Apeldoorn, the Netherlands. This...
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Russian discounter Svetofor struggles amid regulatory and competitive pressure
Russian discounter Svetofor, known in Western Europe as Mere and My Price, is under increasing pressure in its home market. Allegations of compliance violations and growing competition from major retailers...
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Nestlé to invest $1bn to expand Mexico production
The Swiss giant is planning to increase the capacity of production plants in Veracruz, Guanajuato, Querétaro and the State of Mexico. Nestlé has put together a $1bn investment package for...
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The forint strengthened to a winter record high last Wednesday
The forint strengthened to a winter record high last Wednesday – the euro exchange rate even dipped below 407 forints on the interbank money market. The retail interest payment of...
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France not allowed to ban names like ‘plant-based bacon’
Manufacturers of plant-based meat alternatives are allowed to continue using words like ‘steak’, ‘sausage’ and other meat industry terms in France. The ruling of the French Supreme Court is a...
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Generali Group announces new growth strategy
The Generali Group is launching a new three-year strategy called “Lifelong Partnership 27: on the path to excellence”, which sets ambitious growth targets and sustainable financial development for the period...
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Retail is growing stronger: where and how much do Hungarians earn and spend?
Hungarian retail is gradually strengthening, but according to the data, there are still significant differences in earnings and spending between the country’s regions. In the first nine months of 2024,...
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Shrinkage inflation affects more and more products
Shrinkage inflation continued in January 2025, with more food and toiletries now available in smaller packages in stores, Portfolio reports. The paper reminds us that the change affects all pre-packaged...
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Rising food prices: spectacular price increases at the beginning of the year
In the first month of the year, a significant price increase can be observed in stores: in the same store, the same products cost up to 10 percent more than...
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Mere in Hungary: price list already available, no store yet
The Russian retail chain Mere has not yet officially opened a store in Hungary, but its price list has already been prepared, which reveals the prices it plans to compete...
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Arabica coffee breaks records
The price of Arabica coffee has already risen by 15 percent this year, setting a new record on the international market, Reuters reports. Arabica is the main ingredient for higher-quality...
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NGM spokesperson: in addition to GDP data, indicators affecting people’s lives also developed favorably
Beyond the gross domestic product (GDP), there are human lives, indicators that influence people’s lives, and they have also developed favorably in the recent period – stated the spokesperson for...
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GDP could grow by 2 percent in 2025
According to the current outlook, GDP growth of around 2.3-2.4 percent can be expected in 2025 in annual comparison, which exceeds the 0.5 percent increase according to last year’s raw...
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Declining profitability, increasing efficiency: challenges and opportunities in pig farming
Pig farmers are expecting declining profitability this year, despite their continuous improvement in efficiency. The sector faces both serious challenges and opportunities due to the expected lower purchase prices and...
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