Tag "infláció"

The increase in food prices decreased from 14.3 percent to 13.7 percent in France

The French statistical office, Insee, announced on Thursday as final data that annual inflation slowed to 4.5 percent in June, from 5.1 percent in May, to the lowest level since...

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Today even those consumers economise who didn’t do it last year

In April 2023 Publicis Groupe has commissioned Kantar Hoffmann with doing a survey on consumption habits in 23 categories. This article is available for reading in Trade magazin 2023/6-7. It...

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Economic concerns among shoppers will drive the grocery industry for decades to come

Ongoing concern among consumers about the state of the economy and their personal finances is likely to persist as a top driver of grocery-shopping behavior for the next 30 years,...

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Food price inflation slowed in the US in June

In June, inflation in the United States decreased more than expected, based on the Wednesday report of the Bureau of Labor Statistics, a statistical institute of the Department of Labor...

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97 percent of society has hit a savings glass ceiling due to inflation

Fewer than 300,000 households in Hungary have more than HUF 3-5 million in savings, but it is increasingly difficult to get into this group. For 97% of the society, the...

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György Raskó: There could be a big rise in prices after the introduction of the food price cap

After the removal of price caps, the prices of cooking oil, pork, and chicken breast could increase by up to a third, warns agricultural economist György Raskó. The procurement prices...

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Inflation decreased to 20.1%

As expected, inflation decreased to 20.1% in June from 21.5% in April, which was contributed by almost all factors except the prices of clothing, other items, fuel and service providers....

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MNB: food and manufactured goods curbed inflation in June

In June, the slowdown in inflation continued for the fifth month. Compared to the previous month, inflation slowed by 1.4 percentage points to 20.1 percent; the slowdown was almost entirely...

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KSH: in June, prices increased by 20.1 percent compared to the same month of the previous year

In June, consumer prices were on average 20.1 percent higher than a year earlier. In the past year, household energy and food prices have risen the most, the Central Statistics...

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Minister of Economic Development: we are on the right track in the fight against inflation

Thanks to the government’s targeted measures, the trend-like and ever-increasing decrease in sanctioned inflation continued: according to the latest data from the KSH, in June 2023 – by another 1.4...

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VG.hu: the decline in food inflation may have continued in June

The slowdown in price increases in Hungary continued in June. Consumer prices rose by 20 percent on an annual basis, which is lower compared to the 21.5 percent increase of...

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In the OECD, inflation slowed down in May

In the countries belonging to the Organization for Economic Cooperation and Development (OECD), the annual growth of consumer prices slowed to an average of 6.5 percent in May, the lowest...

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“Perceived” inflation significantly higher in Germany

Consumers in Germany perceive inflation to be three times higher than the actual rate. This has an impact on willingness to buy, as a recent study by Allianz Trade shows....

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Márton Nagy: there is a consumption trap behind the growth slowdown

Marton Nagy, Minister of Economic Development, wants to debate whether it is worthwhile to reduce inflation to the previously targeted level. He believes that due to changes in the global...

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MNB director: inflation is falling due to both external and internal processes

The rates of price increases are decreasing on a global level, and in addition, internal demand and economic policy are also pointing in the direction of disinflation in Hungary, so...

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The MSZP urges a VAT reduction for food and energy services

The MSZP urges the reduction of the general sales tax (VAT) on food and energy services to five percent. László Varga, the deputy president of the MSZP, said at a...

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Shops adrift at the sea of costs

2022 was a difficult year for stores. Amidst the depressing inflation, families kept cutting back their spending month by month in the second half of the year, in terms of...

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Food prices continue to rise due to the EPR

Food prices could increase by up to 4 percent due to the introduction of extended producer responsibility and the new industry burden for packaging materials. Starting from July 1st, in...

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(HU) GKI: A gyorsan emelkedő árakat elsősorban a gazdaságpolitika okozza

Sorry, this entry is only available in HU....

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The food industry is a national strategic sector

We managed to put inflation, which had risen high due to the war and sanctions, onto a downward path, and we aimed for a further strong decrease, said Dr. Márton...

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Food prices continue to be the main driver of inflation in Germany

In Germany, inflation continued to slow down in May, according to the final data of the Federal Statistical Office (Destatis) presented on Tuesday. Consumer prices increased by 6.1 percent year-on-year...

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Inflation in Spain fell to a 22-month low in May

The annual growth rate of consumer prices in Spain slowed to a 22-month low of 3.2 percent in May from 4.1 percent in the previous month, according to the final...

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What does not kill you makes you stronger

Today there is only one stable factor that is present in the daily lives of market players: CONSTANT change! However, as the saying goes, what doesn’t kill you only makes...

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Márton Nagy: For the first time since November 2020, inflation has decreased “visible” on a monthly basis

Inflation decreased noticeably on a monthly basis for the first time since November 2020, according to the data released by the Central Statistical Office (KSH), as highlighted by Minister of...

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KSH: in May, prices increased by 21.5 percent compared to the same month of the previous year

In May, consumer prices on average exceeded the previous year’s levels by 21.5 percent. Household energy and food prices saw the highest increases over the past year, according to the...

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The food industry is booming

The government’s goal is to protect Hungarian families and pensioners even in the economic situation affected by the sanctions, and to prevent recession and reduce inflation to single digits by...

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Retail turnover decreased by 12.6%

In April, the volume of retail trade fell short of expectations by 13.6% according to raw data, and by 12.6% when adjusted for calendar effects, while sales revenue rose by...

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K&H: It is difficult for companies to cope with double-digit inflation

Inflation above 20 percent affects large companies, the operation of 9 out of 10 companies is negatively affected, according to the latest measurement of the K&H large company growth index....

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As expected, Swiss inflation slowed in May

In line with analysts’ expectations, Swiss consumer prices rose by 2.2 percent year-on-year in May, according to Monday’s data from the Swiss Statistical Office. A month earlier, in April, annual...

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OKSZ: The Government should lift the price cap and abolish the retail tax

The member companies of the National Trade Association (OKSZ) were outraged to learn that the retail tax in the sales revenue above 100 billion was increased from 4.1% to 4.5%...

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