Tag "áremelkedés"

Inferior quality foods can be the winners of the crisis

Although food shortages are not expected, demand will most likely shift to cheaper, lower-quality foods due to inflation. – said Attila Csányi, CEO of the Bonafarm Group. According to the...

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The Minister of Agriculture told the truth about the rise in food prices – this is what awaits us in 2023

Consumers are affected by the continuous increase in food prices, many people buy less than before. However, the words of Agriculture Minister István Nagy about food price caps shocked everyone....

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Consumer spending focuses on experiences and basic needs

Mastercard Economics Institute’s “Shifting Wallets” survey analysed how much consumers stick with their habits which give them comfort, experiences or both. The study sets out to answer three key questions...

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Food prices have also fallen brutally in Germany

While we have a price cap on potatoes and because of this there may even be a product shortage by the beginning of next year, according to the report of...

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GKI CEO: the price cap was not a good idea

There is a strong consensus among experts that there is a direct correlation between the price cap and the rise in inflation. “Price caps cannot stop price increases, in fact,...

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The price of sugar may even double

Once the price cap is over, sugar will rise in price by 100 percent. “The price of granulated sugar in stores would rise by one hundred percent, to around HUF...

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According to MKB and Takarékbank experts, food prices will decrease

Food may become more expensive until the end of the year, and a price increase is expected in the first half of 2023, but it will be smaller than this...

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KSH: in August, the increase in the price of animal products dragged down agricultural prices

The increase in agricultural purchase prices continued to accelerate in August due to the sharper increase in the price of live animals and animal products – according to the latest...

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Inflation manifests in retail trade with a delay

In most cases strong market competition delays the price increase of products sold in e-commerce – reported the price comparison website Olcsóbbat.hu, having analysed the price changes of more than...

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A pizza could soon cost HUF 4,000

The costs of pizzerias have also increased drastically, so more and more pizzerias are forced to raise their prices. According to a recent article by Pénzcentrum, we will soon no...

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KSH: the increase in agricultural producer prices continued to accelerate in July

In July, the producer price of agricultural products was on average 50.7 percent higher than a year earlier, the rate of increase accelerated by 2.4 percentage points after June’s 2.9...

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Almost Half of UK Consumers Want Brands to Absorb Price Rises

Almost half (43%) of UK consumers want brands to absorb price rises in supporting customers during the cost-of-living crisis, an Ello survey reveals. The figure comes as 31% of the...

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There will be enough good quality seed, but more expensive

The drought overwrites everything, even the mandatory parameters for seeds. Gábort Polgár, the executive director of the Vetőmag Szövetség, spoke about this. This season, seed producers have to face not...

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The price of flour can rise drastically due to the drought

The price of bread can already be painful for many people, which is why it cannot be good news that the quantity and quality of cereals were lower than expected...

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Food has become more and more expensive in Hungary in recent years

While in July 2020, compared to the same period of the previous year, the price of food increased by 7.8%, this seemed to moderate by 2021, when the price increase...

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Thai noodle, chinese pork and UK inflation rate – three versions of the same story

As data from July starts to come out, food prices climbed with consumers across countries’ paying record amounts for food even if general inflation numbers and food commodity prices are going down...

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In one year, the price of this food in our country increased by more than 70%!

According to AKI PÁIR data, the national average producer price of raw milk in Hungary was HUF 171.05/kilogram in July 2022. In addition to the deterioration of the protein content...

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What will happen to Italian people favorites foods if there is not enough pasta and tomato sauce?

A 100 percent increase in utility costs awaits Italians returning from vacation, and the price of food, public transportation, and textbooks will continue to rise, the daily newspaper La Repubblica...

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So far, they have asked for a hefty price, but now eggs will be even more expensive

In Hungary, the packing point price of table eggs (M+L) from cage farming was HUF 37.25 per piece in the first thirty-one weeks of 2022, which was 34.9 percent higher...

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We received shocking news about European agriculture, that’s what the war did

The outbreak of the Russian-Ukrainian war has caused significant disruptions in global agricultural markets, in particular both sides are major exporters of cereals, oilseeds and fertilizers. This was visible not...

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K&H: people perceive inflation to be much higher than the statistics

The majority of 30-59-year-olds perceived a price increase higher than the statistically shown inflation. According to 43 percent of them, for example, the price increase was 15 percent or more...

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We have good news for farmers: the increase in agricultural producer prices accelerated again in June

After the previous month’s stagnation, the increase in agricultural producer prices accelerated again in June: after 45.4 percent in May, purchase prices were on average 48.3 percent higher in June...

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Inflation appears belatedly in e-commerce

In most cases, strong market competition delays the price increase of products sold online, the price comparison portal Olcsóbbat.hu concluded, in connection with the fact that it examined the annual...

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Due to the drought, we can even pay a quarter higher price for olive oil

Acesur, the leading exporter of olive oil, predicts an increase in the price of the product in the next three to four months as heat waves threaten production capacity in...

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The really rough inflation is just coming, some analysts say

Inflation in Hungary may have jumped to 13% in July, according to Portfolio’s survey monitoring analysts’ expectations. In June, the KSH measured an annual rate of price increase of 11.7%,...

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We can see a strong price increase at the meat counters in the near future

The pork consumption of Hungarians has changed significantly in recent decades: although after the change of regime, the pork and meat products preferred by consumers were partially replaced by products...

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DSM predicts that consumers will switch from more expensive meats to poultry

From the Tuesday forecast of the Dutch chemical company DSM, it can be read that due to the constantly rising food prices, customers are increasingly choosing cheaper poultry meat instead...

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Fertilizer sales were interrupted in the second quarter

In the second quarter, fertilizer sales in Hungary decreased by 44 percent compared to the same period of the previous year, while sales prices rose by 2.2-3.8 times – read...

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The price of red onions has increased

Although, in contrast to most vegetables, the price of red onions in Hungary did not rise for a long time, in May-June the price suddenly started to rise, and in...

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Unilever hikes prices by 11% in UK due to rising costs

Unilever has increased prices for products including Marmite, Pot Noodle, Magnum and Dove soap by up to 11% as it battles with rising costs throughout the supply chain. The FMCG...

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