Shrinkage inflation affects more and more products

Shrinkage inflation affects more and more products

Shrinkage inflation continued in January 2025, with more food and toiletries now available in smaller packages in stores, Portfolio reports. The paper reminds us that the change affects all pre-packaged...

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Rising food prices: spectacular price increases at the beginning of the year

In the first month of the year, a significant price increase can be observed in stores: in the same store, the same products cost up to 10 percent more than...

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Mere in Hungary: price list already available, no store yet

The Russian retail chain Mere has not yet officially opened a store in Hungary, but its price list has already been prepared, which reveals the prices it plans to compete...

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Arabica coffee breaks records

The price of Arabica coffee has already risen by 15 percent this year, setting a new record on the international market, Reuters reports. Arabica is the main ingredient for higher-quality...

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NGM spokesperson: in addition to GDP data, indicators affecting people’s lives also developed favorably

Beyond the gross domestic product (GDP), there are human lives, indicators that influence people’s lives, and they have also developed favorably in the recent period – stated the spokesperson for...

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GDP could grow by 2 percent in 2025

According to the current outlook, GDP growth of around 2.3-2.4 percent can be expected in 2025 in annual comparison, which exceeds the 0.5 percent increase according to last year’s raw...

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Declining profitability, increasing efficiency: challenges and opportunities in pig farming

Pig farmers are expecting declining profitability this year, despite their continuous improvement in efficiency. The sector faces both serious challenges and opportunities due to the expected lower purchase prices and...

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Significant changes to the cafeteria system from 2025

From 025, employers can contribute to the housing costs of employees under 35 with preferential taxation, including the repayment of the housing loan and the sublease fee. To verify eligibility,...

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Csiha Zrt. from Szeged is developing a controlling system for warehouse automation

Csiha Zrt. is developing a controlling system for warehouse automation with the support of the National Research, Development and Innovation Office (NKFIH), the Szeged-based IT company informed MTI. According to...

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Bacardi and Cuba’s legal battle over Havana Club trademark continues

A bitter legal battle continues between Bacardi and the Cuban government over ownership of the Havana Club brand. A Virginia court ruled in favor of the United States Patent and...

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Tourism in December 2024: growing tourist traffic, different regional trends

In December 2024, the number of guests staying in tourist accommodation in Hungary increased significantly compared to the same period of the previous year. According to the Central Statistical Office...

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Márton Nagy: tourism delivered peak performance last year

Tourism has momentum and strength, and we can talk about “peak performances” in 2024 – said Minister of National Economy Márton Nagy at the 32nd Tourism Season Opening Gala in...

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KSH: food industry sales prices increased by 4.5 percent

In December 2024, industrial producer prices were 9.0 percent higher on average than a year earlier. Domestic sales prices were 4.0 percent higher and export sales prices were 11.5 percent...

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Middle-aged Hungarians travel an average of 17,000 kilometers per year

While middle-aged Hungarian drivers have been driving the same average of 16-18 thousand kilometers for years, their fuel expenses have increased due to the increase in the cost of refueling,...

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GVH has decided: Wizz Air will refund thousands of passengers

Wizz Air deceived its passengers, and the company must pay a refund due to unfair commercial practices, the Hungarian Competition Authority (GVH) told MTI on Friday. According to the competition...

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More than 20 percent of akg and eco-applications were submitted by farmers with the help of the chamber

A total of about 5,400 applications were submitted by farmers nationwide to the call for applications supporting agri-environmental management (AKG) and organic farming (ÖKO) with the free assistance of the...

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Inflation slowed in Germany in January

Instead of stagnating as analysts had expected, German inflation slowed in January, according to a report by the German Federal Statistical Office, Destatis, based on preliminary data on Friday. In...

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Strong domestic vocational training

The renewed Hungarian vocational training is the second best in Europe and is among the top ten in the world, Minister of Culture and Innovation Balázs Hankó announced on Friday...

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EM: we are adapting a proven green energy subsidy to the changed market environment

The Mandatory Feed-in Tariff (KÁT), which encourages industrial-scale green energy investments, has catapulted Hungary to the forefront of Europe in solar production. However, its maintenance costs are constantly increasing, partly...

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More than two thousand people applied for the worker’s loan in one month

The worker’s loan is becoming increasingly popular: in the almost one month since its introduction, more than two thousand people have applied for it, and in several hundred cases the...

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ESET: Fraudulent ads may be hidden in Internet search results

The latest analysis by proactive security company ESET draws attention to fraudulent ads hidden in Internet searches, which it says are especially dangerous when they appear as ads for legitimate...

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Apple’s quarterly revenue rose 4 percent to a record $124.3 billion

Apple Inc. reported a better-than-expected increase in revenue and after-tax profit in the final quarter of last year. The company’s shares rose 3 percent in after-tax trading in New York...

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Domestic measures ordered due to peste de petits ruminants

Peste de petits ruminants (PPR) is a highly contagious viral disease of sheep and goats that causes great economic damage. The main factor in its spread is direct and indirect...

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Ikea to roll out second-hand marketplace across Europe

After successful pilot projects in Oslo and Madrid, IKEA will roll out its second-hand platform Europe-wide: the home furnishing chain wants to compete with players like eBay or Depop in...

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Ahold Delhaize Aims 50% Plant-Based Protein Sales In Europe By 2030

Ahold Delhaize seeks to achieve an equal share in the sales of animal-based and plant-based proteins by 2030 across its European food retail brands. The move will help the company...

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Lidl steps up expansion

Lidl has taken its foot off the brake when it comes to expanding its international store network. The German discounter is focusing its store opening program on countries where it...

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Bird flu has appeared in more counties

The laboratory of the National Food Chain Safety Office (Nébih) has detected the presence of the bird flu virus in Heves and Pest counties. The affected flocks are being destroyed...

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Nébih: the manufacturer recalled whey protein

Due to the possible presence of foreign matter (metal), Tízpróba Magyarország Kft. has recalled the product “WHEY PROTEIN 30 g, chocolate-flavored whey protein” from the market – the National Food...

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Mondelēz’s BelVita launches energy snack bites

The offering is being marketed by the food giant as a mid-morning snack that bridges the gap between breakfast and lunch. Mondelēz International’s BelVita is launching energy snack bites as the brand aims...

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FDA approves nicotine patches: a milestone in tobacco harm reduction

The U.S. Food and Drug Administration (FDA) has approved a new smokeless tobacco alternative for the U.S. market after reviewing extensive scientific evidence. The FDA has determined that nicotine patches...

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