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Live cattle: Growing export, declining import
AKI’s Market Price Information System (PÁIR) reveals that the price of egg (sizes M and L) was HUF 27.5 at the place of packaging in the first nine months of...
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Growing proportion of poultry liver patés
With annual sales nearing 10,000 tonnes, meat spreads constitute a rather small segment in the processed meat category, with a 4-percent value share and a 5.7-percent volume share of the...
Read moreAnalysts: a substantial increase in retail sales is encouraging
Analysts reporting to MTI were positively surprised by the September retail sales figures, which suggest they could have a positive impact on third-quarter GDP data as well. According to a...
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Great competition with warning signs
The Metro Gastro Academy in Budaörs hosted the semi-finals of the Public Sector Catering Competition (KÖSZ). Twelve 4-member teams qualified for the final, which will take place at the Sirha...
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A beverage packaging collection system has been developed by industry players
A strategic and regulatory concept has been developed for the collection of beverage packaging by domestic industry players. According to their statement sent to MTI on Monday, they would like...
Read moreKSH: trade surplus was 1.3 million euros in September
After two months in September, foreign trade again produced a surplus, with exports exceeding the value of imports by 1.3 million euros, the Central Statistical Office (KSH) reported on Monday,...
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Retail sales in the euro area were weak in September
Retail sales in the euro area were weaker than expected in September compared with the previous month, as Germany, the region’s largest economy, underperformed and consumers restrained their spending on...
Read moreGerman retail sales are expected to grow at the end of the year
The professional representation of German retail companies, HDE, expects a 2 percent increase in Christmas sales this year, compared to last year, mainly due to strong growth in online sales....
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Bank cards for blind and visually impaired consumers
Mastercard is introducing bank cards that make it possible for blind and visually impaired consumers to differentiate between credit, debit and prepaid cards. In the Touch Card system there are...
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Vegan products are the stars of Lidl Germany’s campaign
Lidl Germany is starting a marketing campaign through print, online, TV and radio to inspire consumers to purchase its Vemondo brand. This product range is comprised of alternative products that are plant-based and...
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Grain production could hit historic record as stocks dwindle
The world market price barometer is at new heights, after experts from the Food and Agriculture Organisation of the United Nations (FAO) registered levels not seen since July 2011. The...
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The supply chain is catching up with deforestation and agriculture as the largest emitters of the agri-food sector
Within the agri-food system, the food supply chain is close to outpacing agriculture and tillage in terms of greenhouse gas emissions due to food processing, packaging, transport, trade, household consumption,...
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Heineken commercial starring Daniel Craig
‘Worth The Wait’ is the title of Heineken’s new commercial that stars Daniel Craig. The commercial shows Daniel Craig waiting patiently for the first satisfying sip of an ice-cold Heineken...
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Magazin: Online: Slower sales, but still growing
NielsenIQ’s online index audits the online sales of retailers with physical stores (Tesco, Auchan, Spar, Online Príma, dm, Rossmann). In the 2nd quarter of 2021 online sales kept growing, but...
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European Trade Day: For each other and for the Customers!
For the 17th time, European Trade Day was held. The organising VOSZ wanted to draw attention to the strategic importance of the situation of the domestic commercial sector. On The...
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Average purchasing power per capita in Hungary 7,643 equivalent to 51% of the European average.
In 2021, the average purchasing power per capita in Europe is EUR 15,055. However, there are significant differences in net disposable income between the 42 countries examined: Liechtenstein, Switzerland and...
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Blokkk com: Black Friday is getting wekaer and weaker
Officially, November 26 is Black Friday, and this year it looks like there will be fewer Black Friday days, a smaller wave of specials, more modest discount rates and a...
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GKI Digital: Over 60,000 HUF for this year’s Christmas gifts
While last year’s Christmas was more limited due to the coronavirus and most of the gift purchases were transferred to online stores, this year we would like to give gifts...
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KSH: retail sales increased by 5.8 percent in September
In September, retail sales increased by 5.8 percent, according to both raw and calendar-adjusted data, the Central Statistical Office (KSH) announced on Friday. The volume of turnover in grocery and...
Read moreITM: online sales is already soaring high before the end of the year
In the first month of autumn, retail brought back the pre-coronavirus expansion level. According to the Central Statistical Office, the turnover of domestic stores increased by almost 6 percent in...
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European overview of fish production
Fish production in Europe has increased significantly in recent years, agrarszektor.hu wrote. Eurostat recorded an increase in aquaculture production of over 10 percent in several European countries between 2011 and...
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Public catering is not mass catering
Public catering is is not mass catering. It does not mean that we deliver some food to children, hospitals or workplaces, but that they have access to quality food at...
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Zoltek Zrt. was named Company of the Year
From next week, the Watcher TOP200 yearbook will be available on newsstands. The publication ranks the largest and fastest growing companies in Hungary, relying on the data of Opten Informatics...
Read moreIn Romania, retail sales increased 11.9 percent in the first three quarters
In Romania, according to raw data, the volume of retail sales increased by 11.9 percent in the first nine months of this year, compared to the same period last year,...
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10% of the world’s population does not even have access to basic drinking water
Water is one of the most important elements of our lives, without solid food we can last weeks, but without water our organism can survive only for a few days....
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Varga Mihály: the Hungarian economy may grow by 6.8 percent this year
Due to soaring energy prices, rising inflation and deteriorating virus situation, the Ministry of Finance (PM) expects 6.8 percent economic growth this year, lowering previous expectations, said Finance Minister Varga...
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Hungary has been upgraded by Coface credit insurance
Coface upgraded the Hungarian economy, so that instead of the previous A4, it now has an A3 rating, which is the same as in Slovakia, the Czech Republic and Poland,...
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Favorable trends in poultry farming
In a world hungry for animal protein, there are huge opportunities in the poultry sector – agrarszektor.hu wrote. This meat is the most efficient to produce, but its environmental impact...
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Schanda Tamás: consumers’ rights are further strengthened
The government will further strengthen consumer rights from May 2022, when new rules come into force to prevent tricky price cuts, the parliamentary and strategic secretary of state of the...
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Growth in the euro area economy also slowed in October
The growth rate of economic performance in the euro area also slowed in October compared with the previous month, according to IHS Markit’s Purchasing Managers’ Indices (PMI). According to final...
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