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We need to rethink measuring inflation in the digital age
The central banks of the developed countries have been unable to meet their inflation targets for nearly a decade, despite considerable efforts – Világgazdaság Online wrote. In two thirds of...
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The Draft of the National Port Development Master Plan Strategy aims to increase the share of water freight
“Our Danube” is a draft strategy for the National Port Development Master Plan, which aims, among other things, to increase the share of water freight transport to 10 percent from...
Read moreAn abbey launched a Trappist beer shampoo
The Sisters of our Nazarene Trappist Abbey of Brecht (Belgium) started marketing a beer shampoo, origo wrote after Store Insider. The nuns here have been manufacturing soap products for various...
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ZEW’s economic sentiment improved in November in the eurozone and in Germany
The economic sentiment index rose to its highest level for half a year in Germany, according to a report released on Tuesday by the Mannheim-based ZEW Economic Research Institute. The...
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Consumers plan to spend more than $200 on gift cards this year
Blackhawk report’s findings were congruent with the National Retail Federation’s survey, which found that more than half of consumers wanted gift cards for the holidays. Previous research from the Blackhawk...
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Amazon will launch new grocery store as alternative to Whole Foods
Amazon on Monday said it plans to open its first new brand of grocery store in California next year, as it amps up its ambitious push to become a bigger...
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Morrisons scraps black plastic from own-brand packaging
Morrisons has removed black plastic from all of its own brand food and drink packaging. The move accounts for almost 4000 tonnes of plastic being made more easily recyclable –...
Read moreMNB: rising food prices pushed up core inflation in October
With the food price index moving up, the central bank explains that inflation and core inflation rose by 0.1 percentage points in October compared to the previous month. In October,...
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Nearly a quarter million registered customers entry at the Wholesale Market
The price of parsley and potatoes increased the most this year on the wholesale market, while domestic supply is still ahead of imports in the summer – penzcentrum.hu wrote. The...
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The Ministry of Agriculture and the National Chamber of Agriculture concluded a strategic agreement
The strengthening of the Hungarian agri-food sector and asserting its interests can only be achieved through a broad-based social partnership – Nagy István, Minister said after signing a partnership agreement...
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Export increased by 10.9 percent in September
In September, the value of exports in euro terms increased by 10.9 percent and imports by 6.5 percent year-on-year. The foreign trade surplus increased by 385 million euros to 566...
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The basic map of the country’s ecosystem has been completed
A basic map of Hungary’s ecosystem has been completed, which presents and assesses the state of the country’s natural systems – the Deputy Minister of State of the Ministry of...
Read moreITM: the new SME strategy promises a more efficient distribution of grants
The government’s new strategy for small and medium-sized enterprises (SMEs) will make more effective use of resources to strengthen Hungarian-owned firms – the Minister of State of the Ministry of...
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Fifty million forints worth counterfeit perfumes were seized near Rajka
More than three thousand bottles of counterfeit branded perfumes worth about 54 million HUF have been seized by financial officers near Rajka, and a case has been prosecuted for violating...
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Coop Switzerland Launches New Tea Varieties
Coop Switzerland has introduced three new tea varieties, produced in China, Japan and Rwanda, under its Coop Fine Food brand. Coop Fine Food Rhubarb Blue Oolong is a traditional Chinese...
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Trade Alliance: is expected to generate 1,200 billion HUF in sales this Christmas
Hungarians will spend 1,200 billion HUF this year on Christmas in December, which is a record – Vámos György, general secretary of the National Trade Association told M1 news channel...
Read moreKSH: consumer prices increased by 2.9 percent in October
Consumer prices were on average 2.9 percent higher in October than one year before, which is a 0.6 percent increase, compared to September – the Central Statistical Office (KSH) announced...
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Hungarian goose production is also dominant at European level
Hungarian goose production is also dominant at European level, with 1.3 million geese last year – the National Chamber of Agriculture (NAK) and the Poultry Product Council (BTT) announced on...
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Frutti and Veggi raise awareness of the importance of consuming vegetables and fruits again this year
The National Chamber of Agriculture’s European Fresh Adventures campaign drew more than a million people’s attention on healthy eating, on the consumption of vegetables and fruits in the second year...
Read morePM has agreed with EU finance ministers on tax exemptions for home-made pálinka
Tax exemptions on home-made pálinka were again discussed at a meeting of the European Union’s finance ministers in Brussels – Finance Minister Varga Mihály said after the meeting, according to...
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You can be Messi at this year’s BrandFestival
Top international speakers will analyze future trends on 20-21 November at the Budapest Music Center’s BrandFestival stage. Over 100 speakers, including 15 international experts, will analyze future trends in marketing...
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How long you can eat the food?
Do not use the term warranties in food. Shelf life: at least one month Consumption time: maximum one month Expiry date: Valid only if food is properly stored Unpackaged products:...
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Nagy István: Hungarian agricultural technologies can be used to develop African agriculture
Hungarian agricultural technologies can improve the agriculture of the African countries, which, besides economic and social impacts, can contribute to adaptation to climate change, the Minister of Agriculture said in...
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Martin’s Day programs are offered to visitors on the weekend in the Etyek
On Saturday, the Goose Feast will be held again, featuring goose dishes, new wine and, according to tradition, a goose run. The local wineries will offer visitors programs and goose...
Read moreVAT on feminine hygiene products can be reduced in Germany
VAT on women’s hygiene products can be reduced in in Germany – the Federal Parliament (Bundestag) approved a proposal on Thursday. Legislation on the reduction of VAT on menstruation-related products...
Read moreConsumer sentiment in the United States improved in November
In the United States, consumer sentiment improved slightly less than expected, reaching a four-month peak in November, according to the University of Michigan’s survey. The November University of Michigan consumer...
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Exclusive: Beyond Meat eyes production in Asia before the end of 2020
Beyond Meat Inc (BYND.O) aims to start production in Asia before the end of next year, as it gets closer to selling its popular plant-based meat products in China. While...
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Coca-Cola unveils new sparkling water brand with a jolt of caffeine
Coca-Cola on Thursday unveiled a new sparkling water line, its first new brand in more than a decade. The beverage giant will launch AHA on March 2 in the United...
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Ferrero Launches Nutella Biscuits In Italy
Ferrero has introduced Nutella Biscuits in Italy, months after its launch in France, reports suggest. The product combines the crunchiness of shortbread biscuits with the taste and texture of Nutella,...
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