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Inflation in Germany eased in July
Inflation moderated in Germany in July, based on Tuesday’s report based on final data from the German Federal Statistical Office, Destatis. The engine of inflation is still primarily the rise...
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Notification of storm and downpour damage in agriculture
The extreme weather also caused a lot of damage to agriculture across the country, but the damage mitigation system provides assistance in the case of downpours and storm damage in...
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The Summer of Bubbles wine marketing campaign will be presented at the Balatonfüred Wine Weeks
The Hungarian Wine Marketing Agency’s first domestic campaign, the Summer of Bubbles, will be presented at the Balatonfüred Wine Weeks, which started on Friday, with the aim of promoting Hungarian...
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The 3rd National Biodiversity Strategy was created
The 3rd National Biodiversity Strategy provides a comprehensive framework for the long-term survival of domestic wildlife and natural resources, and defines the objectives to be achieved by 2030 and the...
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The price of eggs at the packing point is 65 percent higher than a year ago
Based on data from the European Commission, the packing point price of table eggs in the EU was 246.58 euros/100 kilograms in the first thirty weeks of 2023, 43.8 percent...
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AKI: fertilizer turnover increased by almost 20 percent in the second quarter
Thanks to falling prices, fertilizer turnover increased by almost 20 percent in the second quarter compared to last year – read the summary of the Agricultural Economics Institute (AKI). In...
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Nomad Foods Invests In Solar Energy Installation In Italian Factory
Frozen food firm Nomad Foods plans to install photovoltaic panels at its Cisterna di Latina manufacturing site in Italy. The move will help the company to reduce CO2 emissions by 1,180...
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More consumers are shopping multiple grocers to find the lowest prices, report finds
Dunnhumby’s new findings show 18- to 44-year-olds are at the epicenter of a food and financial insecurity crisis that is impacting grocery shopping behaviors. Forty percent of consumers surveyed in April...
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Whether carbonated or still, Hungarian mineral waters are guaranteed to be of high quality
Hungarian consumers are in a lucky position, because our country is considered a mineral water superpower, so customers can choose from the products of countless smaller bottlers in addition to...
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IKEA Teams Up With Tesco Ireland On Six New Pick-Up Sites
IKEA will add six new pick-up sites across Ireland by collaborating with Tesco Ireland as it aims to expand its collection service. The new sites, scheduled to open on 4...
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Tasty, high-quality melons are offered on the Hungarian melon market
In the second half of July – with the start of the melon season – the watermelons and the compliance with the conditions for their distribution were examined by Nébih...
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KIM: Vocational training is also waiting for further students
The Ministry of Culture and Innovation (KIM) told MTI that those who were not admitted to university can also continue their education in vocational training. According to the announcement, after...
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Péter Szijjártó: companies can apply for investment subsidies more widely
From Monday, companies can apply for investment subsidies on a wider scale – the Minister of Foreign Affairs and Trade announced on Sunday on his social media page. Péter Szijjártó...
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János Fónagy: food prices continue to fall
Food prices are continuing to fall, and the single-digit inflation forecast by the government for the end of the year can be reached with great certainty – said the parliamentary...
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Fidelity: What emerging markets can bring
In periods characterized by market volatility, it is easy to forget about the attractiveness of emerging markets. However, now, when valuations are at a low point not seen for several...
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World trade decreased in July
In July, world trade slowed significantly based on the monthly Kiel Trade Indicator calculated by the IfW economic research institute in Kiel. The July world trade index of the IfW...
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MNB: stable lending capacities, unchanged credit terms and low demand on the credit market
Stable lending capacities, unchanged credit terms and low demand characterized the credit market in the second quarter of this year based on the second quarter Lending Survey of the Magyar...
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They rang the bell at Tesco
The beginning of the school year shopping season is already in full swing at Tesco, where customers can choose from a total of more than 3.8 million school supplies. In...
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In Romania, the price of some staple foods fell due to the government decree limiting the margin
In Romania, the average consumer price of some staple foods has decreased since the emergency government decree limiting margins came into effect, the Competition Council announced on Monday. Compared to...
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Due to the bird flu epidemic, immediate EU measures are needed regarding Brazilian poultry meat imports
The bird flu epidemic is raging in Brazil, and the infection has already reached the country’s largest poultry-producing regions. Brazil is the world’s largest poultry exporter, from which hundreds of thousands...
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The authorities are cracking down hard on Elf Bar distributors
The Economic Competition Authority (GVH), the National Tax and Customs Administration (NAV) and the Supervisory Authority for Regulated Activities (SZTFH) cooperate closely in the action against Elf Bar. The GVH...
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A summary of the antibiotic treatment of food-producing animals was prepared
For more than a decade, Hungary has been voluntarily providing data on the wholesale trade of veterinary medicinal products containing antibiotics, but from 2024, in addition to sales, it will...
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Coca-Cola bottler CCEP intends to acquire Coke’s Philippines business for $1.8 billion
Coca-Cola Europacific Partners said last week it intends to jointly acquire Coca-Cola Beverages Philippines with Aboitiz Equity Ventures (AEV) for $1.8 billion, in an effort to become the world’s largest...
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Paper Receipts No Longer Issued Automatically In France
As of 1 August, paper receipts will no longer be issued automatically in France – a measure implemented with the aim of saving paper, trees and water, the government has...
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Supermarket plastic bag use falls 98% since introduction of 5p charge
The use of single-use supermarket plastic bags has plummeted 98% since retailers began charging for them in 2015. The Department for Environment, Food and Rural Affairs (Defra) said that the...
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The autumn corn sowing season is about to begin
The fungal diseases that appeared after the cool, rainy spring caused significant problems for the fall corn seeds as well. According to the Interprofessional Organization and Product Council of the Seed...
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Tourism in Mátra may get better
Significant tourism developments will be completed in seven settlements in Mátra for a total of about HUF 600 million this fall – Graven Idol Kft., responsible for the communication of...
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The market difficulties of Ukrainian grain imports could be handled with transit support
With European Union transit support, Ukrainian grain could be delivered to its former traditional markets, said István Nagy, who held a meeting with Mykola Solský, Minister of Agriculture and Food...
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Retail turnover decreased by 8.3%
In June, according to raw data, the volume of retail trade decreased by 7.8%, close to expectations, and by 8.3% when adjusted for calendar effects, significantly easing compared to the...
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FAO Food Price Index rebounds in July
Global food commodity prices rose in July, influenced by the termination of the Black Sea Grain Initiative and new trade restrictions on rice, the Food and Agriculture Organization of the...
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