German Consumer Sentiment Reaches All-Time Low In September

German Consumer Sentiment Reaches All-Time Low In September
Date: 2022-09-05 04:34:59

According to the German Retail Association (HDE), consumer sentiment in the country deteriorated again in September amid concerns about the energy crisis, high inflation, and COVID-19 related uncertainties. Having reached an all-time low...

Tesco to increase store security as “desperate people” turn to shoplifting
Date: 2022-09-05 02:43:53

Tesco will increase security measures across its stores as “desperate people” turn to shoplifting amid the cost-of-living crisis. Chairman John Allan said shoppers will see extra security tags on food as well...

TIM State Secretary: the number of products with the eco-label is already close to 90,000
Date: 2022-09-03 19:45:27

The increase in interest in environmentally friendly products is shown by the fact that the number of products with the eco-label is now close to 90,000 – the state secretary...

Extra caution is justified: bird flu is once again spreading throughout Europe
Date: 2022-09-02 22:09:42

From Portugal to Finland, the highly pathogenic avian influenza virus has been detected in several European countries in recent weeks, which clearly proves that the disease continues to pose an...

The Association of European Fertilizer Manufacturers is asking the EU for help due to high gas prices
Date: 2022-09-02 21:43:53

According to Fertilizers Europe, much of European fertilizer production has been forced into temporary or complete shutdown due to exploding gas prices, which are more than 1,000% higher than a...

The Ministry of Agriculture strengthens the system of food chain supervision
Date: 2022-09-02 21:28:10

The past years have presented serious challenges to all segments of the food chain, to which we must respond, so in the future the supervision of food chain safety will...

The amount of funds available for rural development has tripled
Date: 2022-09-02 20:25:03

Thanks to the 80 percent domestic co-financing, compared to the previous EU cycle, the amount of resources available for rural development has tripled, to 4,265 billion in seven years, said...

These are now the challenges of supply chain management in the food industry
Date: 2022-09-02 18:15:53

The supply chain management area is of strategic importance to manufacturing companies in crisis situations. As Ukraine is one of The Most Important Agricultural Exporters in Europe, the ongoing war...

FAO Food Price Index drops for the fifth consecutive month in August
Date: 2022-09-02 14:55:04

The FAO Food Price Index* (FFPI) averaged 138.0 points in August 2022, down 2.7 points (1.9 percent) from July, registering its fifth consecutive monthly decline. Despite the latest drop, the index remained...

Sustainability: Commitments vs. reality
Date: 2022-09-02 12:57:29

In Poland PwC’s ESG team published the results of a survey in mid-July, which can help to understand the Hungarian retail and consumer industry too. Half of Polish firms are...

Mastercard: the start of school boosts retail traffic across Europe
Date: 2022-09-02 11:59:37

According to Mastercard SpendingPulse™, which measures in-store and online retail sales, total retail sales are expected to increase in the first few weeks of back-to-school compared to last year –...

EY & Oxford Analytica: this is how investors’ expectations become stricter
Date: 2022-09-02 11:46:40

Money in green funds is growing, despite this, raising capital may become more and more difficult even for companies operating responsibly from an environmental, social and corporate governance (ESG) point...

Tesco takes steps to save plastic
Date: 2022-09-02 10:46:22

Tesco has stopped using wrapping on its private label, multipack juice cartons, water bottles and fizzy drinks, to achieve its sustainability goal of saving 45 million pieces of plastic a...

Gfk: moderate growth is expected in the technical consumer goods market after the record year of 2021
Date: 2022-09-02 10:33:58

Moderate growth is expected in the technical consumer goods market in 2022 after the record year in 2021 Demand has already slowed down in the first six months of 2022...

The wine market is more price sensitive than ever
Date: 2022-09-02 10:09:22

The Budavar wine festival will open soon, and there are more and more similar events across the country, for example the Sopron Harvest Days will start soon. How do wine...

K&H: a significant part of Hungarians could only go without pay for 1 month
Date: 2022-09-02 10:02:56

Although salaries have risen significantly in recent years, by more than 15 percent, the period that can be bridged without a salary has not increased. 30-59-year-olds could bridge an average...

STAR Brodo broths
Date: 2022-09-02 09:32:48

STAR Brodo Broths are ready-made, instantly edible, filtered and, skimmed broths/soups, which are made of quality raw ingredients (meat, vegetables) and free from preservatives, gluten and glutamate. Contact: Brodo Hungary Kft....

Going towards net zero emission
Date: 2022-09-02 09:28:52

Tesco has recently published its 2021-2022 sustainability report online. Zsolt Pálinkás, CEO of Tesco Magyarország: “We know very well that our business operations depend on our environment, as food can...

Iván Kamarás recalls flavour memories with the help of PICK
Date: 2022-09-02 09:16:57

PICK is one of the most traditional – going back more than 150 years – and best known Hungarian brands. This July PICK started a one-of-a-kind partnership, with one of...

On average, young people spend HUF 40,000 during a festival, beer is priced between HUF 400-500
Date: 2022-09-02 09:00:48

More than half of young people go to festivals with parental funds, typically 1-2 times a year, on which they spend an average of HUF 39,312 each, according to research...

Walls in front of the guests – Picture of the day
Date: 2022-09-02 08:30:36

Catering gems of vertical serving....

August is the month of Hungarian products
Date: 2022-09-02 08:28:15

In August nine Hungarian FMCG manufacturers took part in the Hungarian product month programme, which was organised by Hungarian Product Nonprofit Kft. Managing director Eszter Benedek explained that every year...

dm comes up with a live stream
Date: 2022-09-02 08:18:56

A new shopping experience with dmLIVE Shopping: the live shopping streams of the dm App application offer an interactive experience to drugstore customers. The purchase combined with live streaming is...

Starts with watercolors, ends with food – Video of the day
Date: 2022-09-02 07:47:49

Edgar Artis’s images are fresh, fun, and probably more for the internet....

Beer producers are satisfied with the turnover in the first half of the year
Date: 2022-09-02 07:45:17

The beer producers are satisfied with the turnover of the first half of the year, although the sales in July were slightly more restrained – MTI quoted the statement of...

Colgate-Palmolive takes over pet food plants from Red Collar Pet Foods
Date: 2022-09-02 07:44:35

Colgate-Palmolive plans to pay USD 700m for three dry pet food manufacturing plants in the USA, currently owned by Red Collar Pet Foods. The factories are situated in South Carolina,...

Magazine: Change is inevitable and urgent
Date: 2022-09-02 06:29:37

According to data from the United Nations, from the food that is wasted globally 3 billon people could be fed. What makes the problem even worse is that 10% of...

Minister of Economic Development: it’s time to put an end to price caps
Date: 2022-09-01 12:22:22

The price caps fulfilled their role, but they are meant to deal with temporary difficulties, and now they are more and more expensive to maintain – said the minister responsible...

Coca-Cola HBC Hungary became the exclusive domestic distributor of Bacardi-Martini products
Date: 2022-09-01 12:03:02

Today, Coca-Cola HBC Hungary became the exclusive distributor in Hungary of certain premium alcohol brands of Bacardi-Martini, the world’s largest privately owned alcoholic beverage producer. Thus, starting in September, the...

Gala dinner and Gundel award ceremony again – you too can take part in the celebration of the horeca industry
Date: 2022-09-01 11:11:29

The Károly Gundel awards will be presented at the gala: the 2020 awards are awarded to Dr. László Csizmadia (posthumous) and Attila Molnár, the 2021 awards for Gyula Berkes and...

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German Consumer Sentiment Reaches All-Time Low In September