News and articles
Retail sales in the euro area increased in September
After several months of stagnation and decline, the volume of retail trade increased slightly in September compared to the previous month in the euro zone, according to the Tuesday report...
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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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Bence Dalnoki wins the Hungarian final of Bocuse d’Or
Bence Dalnoki, the sous-chef of Stand restaurant and his commis, Patrik Nyikos came up with the best performance in the Hungarian final of Bocuse d’Or on 21 October. The runner-up...
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Campaign for conscious alcohol consumption
With the support of spiritsEUROPE, the Hungarian Spirits Industry Association and Product Board launched a 3-month campaign called Hangover. Experts and influencers have teamed up to educate young adults about...
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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...
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Nestlé develops by from 35 billion HUF
The government has spent all its financial resources on preventing mass unemployment during the economic crisis caused by the coronavirus epidemic, Foreign Minister Péter Szijjártó said on Monday. According to...
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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Henkel’s quarterly revenue increased
Revenues from Henkel’s German household chemicals and cosmetics group grew in the third quarter of this year, the company said on Monday. Henkel reported on Monday that its organic sales...
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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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The restoration of the Tamási thermal bath has started
Restoration of the Tamási thermal bath has begun after part of the roof of the facility burned down on November 1, a spokesman for the operating company told MTI on...
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Hungary’s first Tesco has turned 25
What do the Atlanta Olympics and Tesco have in common? The answer is 25 years. In 1996, the Summer Olympic Games were held in the American city, where the Hungarian...
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Meta (formerly Facebook) reportedly mulls opening physical stores
The company formerly known as Facebook may be entering the brick-and-mortar space. Meta is considering opening its first-ever physical stores as it looks to break into the metaverse, reported The...
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Cerbona vegan vegetable muesli bar
Cerbona’s new vegan vegetable muesli bar has numerous benefits: these products are low-sugar and made with whole grain, plus they are rich in fibres, so they perfectly fit into a...
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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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The Consumer Goods Forum Becomes UN’s Race To Zero ‘Accelerator’
The Consumer Goods Forum (CGF) has been named an official ‘Accelerator’ of the UN’s Race to Zero campaign, which encourages faster progress on carbon reduction across its global membership. The...
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Ultraviolet Shanghai – Video of the day
A single table of ten seats only. A 20-course “Avant-Garde” set menu. All the guests sit together. The Experience begins. Food leads. Dinner unfolds as a sensory play choreographed by...
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Nestlé Introduces 80 Percent Recycled Capsules
Nestlé has announced a new landmark in its sustainability journey, by increasing the use of recycled materials across its café-inspired coffee portfolio. Starbucks by Nespresso and Nescafé Farmers Origins are...
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Vöslauer Balance Juicy
Every Vöslauer Balance product (strawberry-pepper, red grape, raspberry-lemon) has become Vöslauer Balance Juicy. Thanks to the renewed Balance Juicy flavours, consumers can enjoy an even fruitier refreshment. The products are made with...
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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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