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Growing retail, falling SMEs: what can companies do?
Date: 2024-07-09 15:45:09
A KSH adatai szerint az év első öt hónapjában javult a fogyasztás. Bár még mindig nem éri el a 2021-es év átlagát, májusban már 3,6 százalékkal nőtt a kiskereskedelmi forgalom[1]...
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What comes after the mandatory promotions?
Date: 2024-07-09 13:57:20
As of July 1, 2024, a significant change has taken place in the Hungarian retail sector: the mandatory in-store promotions, introduced just over a year ago on June 1, 2023,...
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KSH: in June, consumer prices increased by 3.7 percent on average compared to the same month of the previous year
Date: 2024-07-09 12:53:13
In June 2024, consumer prices were on average 3.7 percent higher than a year earlier. Compared to May, prices did not change on average, food prices fell by 0.3 percent,...
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MBH Bank analysis: Inflation moderated in June
Date: 2024-07-09 12:31:09
According to MBH Bank’s latest analysis, the annual rate of inflation fell to 3.7% in June 2024, which is below the previously expected level of 4%. The level of consumer...
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Márton Nagy: the decrease in inflation in June exceeded all expectations
Date: 2024-07-09 12:23:40
The targeted measures of the government broke down and suppressed inflation. And measures such as the online price monitoring system generate lively retail competition and support inflation to remain at...
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Big sporting events also help with beer consumption
Date: 2024-07-09 11:43:11
Although major sporting events temporarily have a positive effect on the development of beer consumption, this year the weather will also decide whether the beer market can correct itself this...
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Synthetic compounds in our food? The Association of Conscious Buyers is the domestic partner of an important EU project
Date: 2024-07-09 11:39:07
ToxFree Life for All is the EU’s newly launched awareness raising campaign. Its aim is for consumers to reduce the risks of chemicals to their health and the environment. The...
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Climate Policy Institute: climate change may cause food prices to rise further
Date: 2024-07-09 11:34:48
Climate change has a significant impact on the world’s agriculture, the environmental changes together can cause further permanent food inflation in the future, which can be prevented by adaptation, modernization...
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The summer extra tax changes have been published
Date: 2024-07-09 11:28:37
In the 74th issue of the Magyar Közlöny published on July 8, 2024, three government decrees were announced, which introduce changes and new tax obligations regarding the taxation system, social...
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A complaint was filed against Chinese honey in the EU
Date: 2024-07-09 11:19:15
With the professional support of the Ministry of Agriculture (AM), the National Hungarian Bee Association (OMME) filed an anti-dumping complaint against honey coming from China to the European Union. 14...
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With our four-legged friends on four wheels: this is how traveling together can be enjoyable and safe
Date: 2024-07-09 11:13:16
In the summer season, many people go on vacation with their pets. The idea of a shared car holiday can be attractive, but it doesn’t hurt to be aware of...
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The volume of lake farm fish production has decreased in Hungary
Date: 2024-07-09 11:10:51
The volume of fish production in Hungarian pond farms was 19,673 tons in 2023, which is 7.3 percent lower than the volume of the previous year, according to the report...
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Csányi Winery enters a new era
Date: 2024-07-09 11:08:04
Csányi Pincészet, the largest winery in the Villány wine region with traditions dating back centuries, is opening an exciting new chapter in the domestic wine industry. In July, they will...
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Nébih: improved results at the Tisza summer seasonal food chain inspection
Date: 2024-07-09 10:59:33
In the last week of June, the National Food Chain Safety Office (Nébih) inspected the restaurants operating at Lake Tisza, and the experiences of the first target area of the...
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Conventional by day, automatic by night
Date: 2024-07-09 10:49:58
The first remotely controlled shops are scheduled to open in Hungary this summer. This technology will allow traditional shops to be converted and kept open without staff – 24/7 if...
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Physical stores could be the new arena for retail media
Date: 2024-07-09 10:35:50
Retail media has traditionally been about the targeted advertising of products and brands at or near the point of sale. This article is available for reading in Trade magazin 2024/6-7...
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Americans almost only buy bargain foods
Date: 2024-07-09 10:18:15
For American consumers, the economic situation is increasingly challenging, especially in the food market. Despite high inflation, which has decreased in recent months, the deterioration of purchasing power can still...
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A new tender supports social enterprises related to agriculture
Date: 2024-07-09 10:00:55
A new call for tenders for rural development has been published with a budget of HUF 1.6 billion, which provides disadvantaged social groups with the opportunity to carry out value-creating...
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Just Eat: On-demand shopping to grow as public prioritise convenience
Date: 2024-07-09 09:59:26
Just Eat has said the on-demand delivery industry is “showing no signs of slowing down” as shoppers prioritise speed and ease. According to research commissioned by the rapid delivery firm...
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Aldi Süd launches click & collect pilot project
Date: 2024-07-09 09:50:30
Aldi Süd is launching a pilot project for Click & Collect at three locations in North Rhine-Westphalia. Customers will be able to pick up their online purchases ready packed in-store....
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More sunflower seed crops are expected worldwide than last year
Date: 2024-07-09 09:30:19
Oil World experts for 2023/2024. 4 percent higher than last year, almost 60 million tons of sunflower seeds are expected worldwide in 2024/2025. financial year. The expected use is 60.6...
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Arla invests in milk-drinks production
Date: 2024-07-09 09:25:56
Arla Foods is looking to support the growth of its Starbucks and Cocio milk drinks with a round of capital investment in Denmark. The dairy major is spending DKr20m ($2.9m)...
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The Ministry of Agriculture continues to support domestic beekeepers
Date: 2024-07-09 09:00:54
The domestic beekeeping industry, which is significantly affected by the effects of imported Asian honey arriving in the Union, must be supported by all means. Honey can be imported, but...
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20 years of Hungary in the EU: how has the forint exchange rate changed?
Date: 2024-07-08 23:59:44
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
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Key consumer trends for 2024
Date: 2024-07-08 14:13:04
The “State of the Consumer 2024” report by McKinsey & Company highlights significant shifts in consumer behavior and identifies nine key trends impacting the global consumer market. These include changing...
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The Hungarian government is introducing new special taxes on companies
Date: 2024-07-08 13:09:09
The Hungarian government announced the introduction of new measures aimed at reducing the budget deficit. On Monday, Gergely Gulyás Gulyás, the Government Information Officer, announced that multinational companies that have...
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Melon season is in full swing
Date: 2024-07-08 11:56:40
The cultivation of melons in Hungary shows significant progress this year, thanks to the development of cultivation technology and the expansion of the selection of varieties. Minister of Agriculture István...
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June is characterized by a stable inflationary environment in Hungary
Date: 2024-07-08 11:40:33
The annual inflation in Hungary could remain below the central bank’s target range in June, below 4% based on experts’ forecasts. According to the analysts interviewed by Portfolio, the Central...
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This is how domestic chains fight against food waste
Date: 2024-07-08 11:24:39
For many customers, it is still not clear how much Hungarian supermarket chains do to reduce food waste. HelloVidék journalists investigated how store chains fight food waste. SPAR, Tesco and...
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Despite the rainy weather, the Hungarian fields have a good harvest
Date: 2024-07-08 11:00:09
Despite the warm weather and lack of rainfall this spring, according to the harvest results of Talentis Agro Zrt., the quantity and quality of autumn barley is acceptable. The holding...
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