Tag "infláció"
The development of the food industry cannot stop, according to the vice president of NAK
The development of the domestic food industry cannot stop despite difficulties not seen for decades – said the national vice-president responsible for the food industry of the National Chamber of...
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VAN VOSZ VÁLASZ: Is it possible to reduce inflation and interest rates together?
A high inflation and high interest rates hinder business development, economic growth, and catching up. To sustain businesses and promote economic development, it is essential to reduce inflation and interest...
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The GVH negotiated with the food industry and trade professional organizations on the reduction of inflation
The Economic Competition Authority (GVH) held a consultation with seven food industry and trade professional organizations and representatives of the Ministry of Agriculture regarding its proposals aimed at reducing inflation...
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In Romania, inflation slowed to 11.2 percent in April
Annual inflation in Romania slowed down by more than three percentage points to 11.2 percent in April, the National Institute of Statistics (INS) announced on Friday. In March, Romanian inflation...
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Chinese inflation hit a two-year low in April
In April, inflation in China slowed down to a more than two-year low more than expected, according to a report from the National Bureau of Statistics on Thursday. In China,...
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In April, inflation continued to slow down in the Czech Republic
Annual inflation in the Czech Republic dropped to 12.7 percent in April from 15.0 percent in March, the Czech Statistical Office reported on Thursday in Prague. On a monthly basis,...
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Tesco does not stop with the fight against inflation: the prices of another 2,000 products will be reduced permanently
The general price reduction at Tesco continues. The supermarket chain lowered the prices of more than 2,000 products in January and more than 400 in February, and from the middle...
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MBH AgrárTrend Index: Cautious optimism characterizes the players in Hungarian agriculture
After a year of continuous decline, the value of the MBH AgrárTrend Index rose again in the first quarter of 2023. Due to the drop in energy and fodder prices,...
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This year is likely to bring a 0.5% drop in economic performance and 19% inflation
Last year real wages grew by 2.6%, and if this year gross salaries increase by 15% and prices become 19% higher, it will mean that real wages reduce by 3.5%....
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Poland May Extend Zero VAT On Food Into 2024
Poland may extend zero VAT rate on food staples into 2024 if inflation persists, Prime Minister Mateusz Morawiecki said on Saturday. Poland slashed taxes on a long list of products...
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EY: Hungarians live in emergency mode
In January, EY conducted representative research in 27 countries to assess how consumer habits have changed due to inflation. They pointed out that the current consumer mood is very similar...
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K&H: Hungarians feel less secure due to high inflation
Among the 30-59 year olds, the proportion of those who consider their financial situation to be extremely secure has dropped significantly, from 31 percent to 24 percent in one year,...
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In Romania, the volume of retail trade increased by 5.2 percent in the first quarter
In Romania, according to raw data, the volume of retail trade increased by 5.2 percent in the first quarter of this year compared to the same period last year, the...
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GFM: Márton Nagy consulted with the leaders of the largest trade association and store chains about the mandatory promotions
Márton Nagy consulted with the leaders of the largest trade association and store chains about the mandatory promotions – the Ministry of Economic Development (GFM) informed MTI on Tuesday. The...
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In April, inflation accelerated more than expected in Italy
In Italy, instead of the 8.2 percent expected by analysts, consumer prices rose by 8.3 percent year-on-year in April, after a 7.6 percent increase in March, the Italian statistics office,...
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Annual inflation in the Eurozone accelerated in April
In April, inflation accelerated in the euro area on an annual basis, the statistical office of the European Union announced on Tuesday. According to Eurostat’s preliminary data, inflation rose to...
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In Romania, from the first of May, supermarket chains sell milk at a discount for half a year
In Romania, starting May 1st, supermarket chains will sell fresh milk at least 20 percent cheaper for half a year, but the producers are still dissatisfied and claim that they...
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Sainsbury’s ‘Determined To Battle Inflation’, Says CEO Simon Roberts
Sainsbury’s, Britain’s second largest supermarket group, reported an expected 5% fall in annual profit as inflation hit both it and customers but forecast a better than expected performance this year....
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Katalin Neubauer: the entire retail trade is in a vulnerable position
The high prices are not the fault of the retailers, but rather the result of the high fixed energy costs of producers and suppliers,” said Katalin Neubauer, the Secretary General...
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Do salaries follow the inflation in the food industry?
In February 2023 Randstad published a study, for which they interviewed the heads of 246 companies about how the different sectors are doing and what the salary trends are. In January...
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The Government is introducing mandatory promotions
The war and the failed sanctions policy led to unprecedented inflation across Europe. The Government’s goal is to protect families, pensioners, and full employment even in an economic situation affected...
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Inflation eased in the euro area
In accordance with preliminary estimates, inflation in the euro area slowed down in March, the statistical office of the European Union announced on Wednesday. According to Eurostat’s final data, annual...
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The price of red onions has increased, last year it was HUF 135, this year it is HUF 400
In recent times, the price of red onions has significantly increased in Hungary, with an average cost of four hundred forints for the brown-skinned domestic variety, which represents a huge...
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The main driving force behind the sharp increase in food prices in March was the rise in bread prices in the UK
British annual inflation slowed, but remained above ten percent in March. According to the report of the British Statistics Office (ONS) on Wednesday, consumer prices calculated without housing costs were...
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Magyar Bankholding: A positive turn in the economy is expected from the second quarter of the year
A positive turn can be expected from the second quarter of 2023: the Hungarian economy may once again be on the path to growth, consumption may gradually improve, and inflation...
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In the past two years, the price of most basic food items has at least doubled in Hungary
The inflation rate in Hungary remained higher than expected in March, according to data from the Central Statistical Office (KSH). Despite the decline in the prices of some basic foods,...
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Magyar Bankholding: Several foods became cheaper compared to February
In March, there were several product categories whose prices fell compared to the previous month, including dairy products and butter, which became cheaper by 3-3.7 percent, analysts of MKB Bank...
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Orbán Viktor: “Although there have been price reductions in stores, it has only happened for a few products”
Prime Minister Viktor Orbán spoke on the morning program of Kossuth Radio, saying that it is not yet time to lift the price freeze. “What has happened so far is...
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The price of food and non-alcoholic beverages rose at a slightly decreasing rate in Spain
The slowdown in consumer price increases is primarily attributable to the base effect, energy prices fell in March this year, compared to the sharp rise seen in March of the...
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What happened in the last 15 months?
The online meeting of the Trade Marketing Klub ” First-hand information from market researchers”, traditionally organized in April, dealt with the trends of the consumer goods market. The increase in...
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