Tag "élelmiszerinfláció"

GVH: competition dampened food inflation

In 30 months, food inflation measured on an annual basis was not as low as in the first month of 2024. The Central Statistical Office (KSH) announced on Friday that...

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GVH: the online price monitor also reduces prices in the last days before Christmas

Prices have decreased in more than 80 percent of the 62 product categories in the online price monitor, and the system operated by the Economic Competition Office (GVH) will soon...

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GVH: the online Price Monitor also contributed to another decrease in food inflation

Food inflation, measured on an annual basis, fell by more than 3 percentage points to 7.1 percent in November, the Central Statistical Office (KSH) announced on Friday. The effectiveness of...

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The campaign to encourage the consumption of pork has been launched

This year, for the eleventh time, the Ministry of Agriculture (AM), the Agricultural Marketing Center (AMC) and the Association of Hungarian Butchers launched their campaign to encourage the consumption of...

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A year of records?

For us, but also for the world around us. For some time now we have been reading about record food inflation, record volume declines in retail sales, record subsidies coming...

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Food prices drop for first time in two years as supermarkets step up competition

UK food prices fell for the first time in almost two years in September as supermarket competition has stepped up. According to the latest figures from the British Retail Consortium...

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Food inflation fell below another psychological limit

Food inflation in Hungary has fallen below another psychological limit, as the increase in the price of food decreased to less than 20 percent in August, the analysts of MBH...

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Máté Lóga: another help for agricultural enterprises

In the difficult economic situation affected by war and sanctions, agriculture is a particularly important sector both from the point of view of the national economy and food security, and...

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More consumers are shopping multiple grocers to find the lowest prices, report finds

Dunnhumby’s new findings show 18- to 44-year-olds are at the epicenter of a food and financial insecurity crisis that is impacting grocery shopping behaviors. Forty percent of consumers surveyed in April...

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Annus horribilis – ”1992 is not a year on which I shall look back with undiluted pleasure”.

No, I didn’t mix up the years. 30 years ago Queen Elizabeth II said this in a famous speech. That year the glory of the institution of the monarchy suddenly...

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Inflation in the United States slowed more than expected in May

Inflation in the United States slowed more than expected in May. The U.S. Bureau of Labor Statistics, U.S. The Bureau of Labor Statistics said on Wednesday that consumer price inflation...

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Inflation in Germany also slowed down in May

In May, inflation continued to decelerate in Germany, according to data from the Federal Statistical Office (Destatis) on Wednesday. Based on the agency’s preliminary calculations, consumer prices increased by 6.1...

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France’s Le Maire wants to break food price inflation “spiral” by autumn

Finance Minister Bruno Le Maire said on May 3 that he would meet with retailers and suppliers next week to discuss ways to break the food price inflation “spiral” by...

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Aldi hits double-digit market share for the first time

Aldi has hit double-digit market share for the first time, while Lidl has notched up another month as the fastest-growing supermarket. Aldi’s market share reached 10.1% in the 12 weeks...

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Food inflation affects bank card spending too

A report by K&H reveals that the more than 40% food inflation has had an influence on bank card spending as well: last December shoppers with a K&H card purchased...

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The price-cutting battle of retail chains in Hungary seems to be unique

Spring this year seems to have brought not only weather relief, but also an easing of inflation worldwide. But while in Hungary a price war between chains seemed to have...

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Márton Nagy: we are on the right track in reducing inflation

As the government indicated in advance, inflation peaked in January, and in February it started to moderate, the Minister of Economic Development told Világgazdaság. According to Márton Nagy, all of...

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In Spain, food inflation accelerated in February

In Spain, the rise in consumer prices accelerated in February. The Spanish Statistics Office (INE) announced on Tuesday that instead of the 6.1 percent in the preliminary estimate, inflation rose...

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It is expected that the burden of food shopping for households will no longer increase

Food inflation in Hungary decreased from 44 percent in January to 43.3 percent in February in an annual comparison. After 17 months of continuous growth, the slowdown for the second...

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On an annual basis, food prices slowed in January, but shopping did not become cheaper

Food inflation in Hungary decreased from 44.8 percent in December to 44 percent in January in an annual comparison. The slowdown is primarily the result of base effects – pointed...

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Csaba Héjja: the end of the price cap will affect food inflation for a while

Csaba Héjja, senior analyst at MKB Bank and Takarékbank, spoke to InfoRádio about why food inflation was the highest in Hungary and what to expect after the price cap is...

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GVH continues its series of consultations to explore the background of food inflation

The Economic Competition Authority (GVH) discussed the economic background of food inflation with experts from the Agricultural Economics Institute as part of its series of consultations started last year, the...

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Food inflation has never been as high as it is now

In Hungary, food prices rose at such a rate that we were included in the World Bank’s top 10 list. Our food real index is the fifth highest. Behind countries...

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An influx of funds in Hungarian agriculture

Our magazine interviewed Balázs Győrffy, president of the Hungarian Chamber of Agriculture (NAK). – What do you think about the rapidly rising food prices? Are there factors that are likely...

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This is how consumer prices changed between November 2021 and November 2022

MTI published a telling table on the change in consumer prices, which also shows the 43.8 percent food inflation....

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Several specialists justified the extreme increase in domestic food prices

The deterioration of the forint may be the most important reason, but of course food inflation, which is also prominent in the European context, is multifactorial. “Based on long-term trends,...

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MNB: food caused the acceleration of inflation in October

In October, the annual inflation rose by 1.0 percentage points compared to the previous month to 21.1 percent, which was mainly caused by the acceleration of food inflation. Food contributed...

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Bulk shopping costs HUF 50,000-80,000 more per month

Food inflation is already at 35.2 percent in Hungary. According to a recent study, an average family spends HUF 50,000-80,000 more on shopping than it did a year ago. According...

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From November, an egg can cost HUF 150

Drought, war, weakening of the forint – inflation does not miss the egg. Recently, the price of eggs has risen by HUF 20 per week, so by November, the average...

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Inflation of food prices over 30% in August

Food prices in August 2022 exceeded by 15.6% on average the prices recorded in August 2021. In the past one year, food and consumer durables incurred the highest price increase...

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