Company and Personal News
Supply chain issues impact Peruvian avocado exportsto Europe this season
Juan Carlos Paredes, President of the Peruvian Association of Hass Avocado Producers (ProHass) spoke of the challenges the Peruvian avocado export industry has faced during the 2022 season. As inflation, high...
Read more
NRF: Consumers keep shopping despite inflation
Consumers kept shopping in July. Retail sales in July edged up 0.8% from June 2022 and were up 7.1% unadjusted year-over-year, according to the National Retail Federation, whose calculation excludes...
Read more
Rosé is still a favourite
Red is the new White, pink persists and sparkling shines at the 2022 New World Wine Awards. More than 150 wineries and wine distributors from across the nation have entered...
Read more
Aldi fights food waste with a “magic bag”.
Aldi has partnered with surplus food app Too Good To Go in a bid to ramp up its ongoing battle against food waste. The UK’s leading discounter – which is currently on the...
Read more
World Homeless Pets Day: Mars promotes adoption
Mars draws attention to the hundreds of thousands of homeless dogs living in Hungary and the importance of adoption on the occasion of World Homeless Pets Day. One of the...
Read more
Melon will be available in the usual, excellent quality for a few more weeks
“Summer, melon, I love it” – the juicy and honeyed melon will be available in the usual high quality for a few more weeks. This is what the Agricultural Marketing...
Read more
Fed promises: they will raise until they beat inflation
After the 75-basis-point interest rate hike in July, Fed will not consider stopping the tightening until they see a significant decrease in inflation, according to the report of the American...
Read more
Is the era of cheap food over?
“Food should be green and, above all, expensive,” said German Minister of Agriculture Cem Özdemir in the spring of 2021, in his first interview after taking office. Then he added:...
Read more
Winemakers are also worried about the drought and inflation
According to the Ministry of Agriculture, the estimates for the low grape harvest and the grape price forecasts awaiting approval by the wine regions justify significantly higher grape prices than...
Read more
Romanians’ GDP lags behind Hungarian growth
In Romania, the economy expanded by 5.3 percent in the first half of this year, both in terms of raw and seasonally and calendar-adjusted values compared to the same period...
Read more
The glass is half fullHungarians are informed, but consume little liquid, according to a survey by Szentkirályi Hungary
According to three-quarters of the respondents (77 percent), mineral waters play a role in covering the need for minerals, while only 47 percent of them pay attention to the mineral...
Read more
7,200 kilos of sweets from champions to children in need
In July and August, the Magyar Élélmiszerbank Egyesület presented 5,494 needy children with candy packages. The donations were distributed in charity camps, which were visited by the brand ambassadors of...
Read more
Irish Consumer Sentiment Hovers At 22-Month Low In August
Irish consumer sentiment slipped marginally to hover at a 22-month low in August as respondents said they expected to further cut back on major purchases in the coming months, a...
Read more
So far, they have asked for a hefty price, but now eggs will be even more expensive
In Hungary, the packing point price of table eggs (M+L) from cage farming was HUF 37.25 per piece in the first thirty-one weeks of 2022, which was 34.9 percent higher...
Read more
We received shocking news about European agriculture, that’s what the war did
The outbreak of the Russian-Ukrainian war has caused significant disruptions in global agricultural markets, in particular both sides are major exporters of cereals, oilseeds and fertilizers. This was visible not...
Read more
Pakistani-Hungarian agricultural cooperation has a serious future ahead of it
Dr. Oszkár Ökrös, Deputy State Secretary responsible for international relations, and Asad Rehman Gilani, President of the Pakistan Investment Board (BOI), discussed the possibilities of bilateral agricultural cooperation. During the...
Read more
We are facing the most difficult three months of the Hungarian economy
Increase in utilities, fuel changes, transformation of the kata, drought – between August and October, inflationary pressure is heavier than ever before on the Hungarian population. In this period, it...
Read more
Welsh government plans to ban all single-use plastic bags
The Welsh Government has introduced legislation to ban all single-use plastic bags, currently sold for around 5p from most supermarkets and convenience stores. The government (Senedd) has published a draft...
Read more
British supermarkets running out of water – customers panic
British people can buy a limited amount of bottled water, 3-5 bottles per person, but despite the restriction, supermarkets have run out of stock. Great Britain has officially declared a...
Read more
Farm 2 Fork Stratégia: EFSA tudmányos vélemény a sertéstartás állatjóléti körülményeiről
EFSA has published a scientific opinion on the welfare of pigs on farm, the first of several opinions on animal welfare to be delivered in the coming year in the context...
Read more
There are already grocery chains where you can pay for bulk purchases in installments
A British grocery chain is allowing its customers to pay in installments to help them cope with rising inflation. Iceland Food Club offers interest-free loans of between £25 and £100,...
Read more
Analysts did not expect such a level of GDP growth either – this could be the reason
As we wrote about earlier, domestic GDP increased by 6.5% in the second quarter, while it expanded by 1.1% compared to the first quarter. All of this exceeded not only...
Read more
A third of the festival-goers spend over HUF 10,000 per day on food
More than two-thirds of those attending the festival buy food worth more than HUF 5,000 on a daily basis, and 33 percent of those surveyed spend more than HUF 10,000...
Read more
Rising office prices make the situation of companies more difficult
Financial and construction costs are also increasing, but demand is falling due to the dangers of recession: the European office market is facing extraordinary challenges, vg.hu points out. The European...
Read more
Many products may disappear from Lidl’s shelves
In addition to food, the Lidl supermarket chain also offers drugstore goods, clothing, household appliances and tools in its stores, but this may change as early as next year, reports...
Read more
KSH: GDP increased by 6.5 percent in the second quarter
In the second quarter, the gross domestic product (GDP) increased by 6.5 percent compared to the same period of the previous year. Compared to the previous quarter, the performance of...
Read more
Less and less beer is sold in Slovakia
Last year, beer consumption per capita in Slovakia was 120, the lowest in the last 30 years. Beer consumption has declined due to the epidemic – points out Bumm.sk, based...
Read more
GKI: Hungarian companies perceive the effects of climate change, but do not invest in environmental protection projects
Most Hungarian businesses perceive the effects of climate change, 50 percent of companies have goals related to environmental protection, compared to the EU average of 41 percent; at the same...
Read more
K&H: people perceive inflation to be much higher than the statistics
The majority of 30-59-year-olds perceived a price increase higher than the statistically shown inflation. According to 43 percent of them, for example, the price increase was 15 percent or more...
Read more
Russian subsidiary of OBI sold for 600 rubles
Jozef Lyokumovich bought the Russian subsidiary of the OBI store chain for 600 rubles: acquiring a 60% stake in the company. The owner of the remaining 40% is Russian, but...
Read more