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Domestic corn is getting more and more expensive

In Hungary, edible wheat was traded at an average producer price of HUF 137.6 thousand per ton without VAT and transport costs in the second week of July. Feed wheat...

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The action that lowers the price of melons in the middle of the season is unjustified

In the medium term, melon cultivation in Hungary may cease, mainly because the producers cannot validate their costs in the transfer price to retail chains – draw the attention of...

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Coca-Cola increases revenue forecast as demand defies price hikes

Coca-Cola’s second-quarter sales exceeded expectations as the company raised its full-year guidance, encouraged by buoyant demand of soda, despite higher prices. In its second quarter, the FMCG giant reported an 8%...

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Hell operated a special sub-box recycling installation at EFOTT

One of the greatest sustainability challenges of our time is the recycling and recycling of packaging into the economy. A huge amount of packaging waste is also generated at summer...

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AMC: 11 Hungarian organic farmers present themselves at the world’s largest ecological exhibition

At the Hungarian community stand of this year’s Biofach International Bio-Food and Bio-Goods Exhibition, 11 domestic organic farming companies will present themselves in Nuremberg – the Agricultural Marketing Center (AMC)...

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According to AM and Nébih, abuses related to firewood procurement may increase

Wartime energy prices and European energy supply problems also affect Hungary, which is why abuses related to the purchase of firewood may increase – announced the Ministry of Agriculture (AM)...

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GKI: This is the ratio of recycling and the production of environmentally friendly products among domestic companies

GKI Gazdaságkutató Zrt. examined the attitudes of domestic businesses regarding environmental awareness and the sustainability of the companies’ activities based on a representative survey of 964 businesses with more than...

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The IMF forecast is out: GDP growth could be 2.5% this year and 1.4% next year

The International Monetary Fund revised its global growth forecast slightly downwards in a recent publication. The latest edition of the World Economic Outlook shows that the IMF does not expect...

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According to the vice president of the MNB, brutal inflation may stay with us until next summer

Barnabás Virág explained the background of today’s interest rate hike in an online background discussion from three o’clock on Tuesday afternoon. As is well known, the Monetary Council raised the...

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The start of the school year is approaching: that’s why all Hungarians line up at Aldi, Lidl and Tesco

Just over a month and the start of the school year is here. And even the biggest domestic store chains know this, so the dumping starts practically this week, the...

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Unilever hikes prices by 11% in UK due to rising costs

Unilever has increased prices for products including Marmite, Pot Noodle, Magnum and Dove soap by up to 11% as it battles with rising costs throughout the supply chain. The FMCG...

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Artificial photosynthesis could be the future of food

Through photosynthesis, plants convert water, carbon dioxide, and energy from sunlight into sugars that they use to grow biomass. This process has been the basis of the food chain for...

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The deadline for payment of the food chain supervision fee expires this week

The first installment of the 2022 food chain supervision fee must be paid to those concerned by July 31, the obligation can already be fulfilled online – the National Food...

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Even in Western Hungary, the corn situation is becoming more and more worrying

Eastern Hungary has completely fallen on the corn front, and now there are more and more problems with sowing in the west – Petőházi Tamás, president of the National Association...

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The drought continues

The drought continues, the most important thing is the provision of drinking water, but the planned irrigation schedules are being prepared one by one with the involvement of agricultural users...

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Consumer sentiment worsened in the United States in July

In the United States, the consumer sentiment index of the Conference Board economic research institute indicated an expected slowdown in economic growth in July to a greater extent than expected,...

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Europol: illegal plant protection products were seized

In the framework of a large-scale international raid covering 31 countries, dealers of illegal plant protection products were raided. . Ten people were detained, 1,150 tons of unauthorized plant protection...

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The British protect pigs with sunscreen

The British chose an unusual method to protect the pigs: they smeared the livestock with sunscreen. The procedure is necessary because the forecasts promised record-high heat and dangerous UV radiation...

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One of the main dishes of the holiday’s table my be missing this year

Duck is part of the Christmas menu for many people, but the avian influenza has decimated the domestic flock to such an extent that this poultry may become scarce. Last...

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This is how Dutch farmers reacted to the government’s plans

Thousands of farmers gathered in central Holland on Wednesday 20 July to protest the Dutch government’s plans to cut greenhouse gas emissions and thereby expropriate farms. They obstructed traffic on...

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UN World Food Programme Optimistic On Ukraine Grain Export Deal

The World Food Programme (WFP) said it was optimistic about a UN-brokered deal to reopen Ukrainian ports for grain exports but warned the agreement alone will not solve the global...

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This is how you can save a lot on your electricity bill

Those who use really energy-efficient refrigerators and washing machines have already been able to save up to tens of thousands of forints on their utility bills every year, and in...

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Renting out real estate is still the best-known source of passive income

Repeating its previous research from 2017, Profession.hu conducted a representative survey of the Hungarian population on the prevalence of passive income and the motivations behind the activity. The results draw...

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K&H: inflation drives the plans of large companies

Among the factors determining the one-year profitability plans of large domestic companies, inflation has become the most important, according to the K&H large company growth index. This has never happened...

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More and more companies are cutting back on production due to increasing energy prices

Many industrial companies in Germany are reducing production in response to rising energy prices, reports Handelsblatt, referring to a survey published by the country’s Chamber of Industry and Commerce (DIHK)...

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Plant-based meat now cheaper than animal meat in Netherlands

Plant-based meat alternatives have suddenly become cheaper than their conventional counterparts, according to new figures. Compiled by supermarket researcher Questionmark on behalf of the Dutch branch of food awareness organization ProVeg International, the...

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Intrum: after the rising period, the solvency of the Hungarian population decreased

In the second quarter of this year, the value of the Intrum solvency index decreased significantly. The indicator indicating the financial situation of the population fell by 22 percent on...

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Demand on the Budapest office market increased by 10.2 percent in the second quarter

Gross demand on the Budapest office market increased by 10.2 percent in the second quarter, compared to the same period of last year, reaching 108,020 square meters, the Budapest Real...

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Work Force: third-country workforce is key to Hungarian economic growth

Third-country labor is key to economic growth, according to Work Force HR provider. According to the company’s announcement on Monday, dealing with the increasing labor shortage in the physical field...

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US Congress votes to temporarily open up infant formula market

US President Biden has signed the Formula Act into law after passing the US Congress and Senate, suspending tariffs on imported infant formulas and making them more affordable for consumers....

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