News and articles
Analysts: increase in retail sales may continue
Moderate growth in retail sales may continue in the coming months, although the July data released on Thursday has been somewhat disappointing – analysts told MTI, who hope that economic...
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Global food prices rise in August
Global food prices rose for the third consecutive month in August, influenced by generally firmer demand and a weaker U.S. dollar, according to a report released today by the Food...
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Design, competitions, generations
POPAI Hungary held its annual general meeting, open session and The Hungarian handover of the Shop!Global Awards online. The professional part resonated with real “back to the new normal” content...
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The Corporate White Paper helps companies fight the pandemic
The Ministry of Innovation and Technology is helping Hungarian businesses to prevent the spread of the coronavirus pandemic and reduce risks with a new publication available online. The Corporate White...
Read moreSecretary of State AM has submitted 2.2 billion applications for support to winemakers
As a result of the declining tourism and hospitality due to the coronavirus pandemic, winemakers submitted grant application in a value of 2.2 billion HUF to the Ministry of Agriculture,...
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Oeconomus Gazdaságkutató: average wages in Hungary were in the midfield of the region in 2018 and 2019
Hungarian average wages were in the midfield of the region in 2018 and 2019, according to Eurostat, the EU’s statistical office. In the last two years average wages in Hungary...
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Nébih warns of mysterious seeds
The National Food Chain Safety Office (Nébih) has issued a warning: packages may also be sent to Hungary containing unknown seeds received as mysterious, unsolicited consignments – origo wrote. The...
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AM: Compensation contribution must be paid by September 15
Members of the agricultural damage compensation scheme must pay the compensation contribution by 15 September 2020 – the Ministry of Agriculture (AM) told MTI on Thursday. If the compensation contribution...
Read moreIn July, Romanian retail sales grew by 10.3 percent month-on-month
In July, retail sales in Romania grew by 10.3 percent, according to raw data, compared to the previous month. The seasonally and calendar-adjusted value was 3.9 percent – the Romanian...
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Deflation Instead of inflation in the euro area
Instead of the modest inflation expected by analysts, there was deflation in the eurozone in August. The European Union’s statistical office, Eurostat, on Tuesday said as preliminary data that consumer...
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400 billion were curbed by housewives
Family spending fell 9% in the second quarter – blokkk.com wrote. Housewives spend 400 billion less compared to the first quarter, while compared to the previous year, 300 billion HUF...
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The Medve sajt celebrates with drawings by Hungarian artists
This year marks the 90th anniversary of Hungarians’ eternal favorite dumpling cheese, the Medve made in Hungary from the very beginning. The founder of the brand, Stauffer Frigyes introduced the...
Read moreDomestic e-commerce saw record growth, according to a survey
Due to the coronavirus, domestic e-commerce achieved a record annual growth of 34.8 percent and a gross turnover of 355 billion HUF in the first 6 months, according to research...
Read moreIpsos- Hungarians do not worry about the second wave of the virus
For five consecutive months, i.e. since its appearance in Europe, the number one fear of the world’s citizens is the coronavirus pandemic. FIGURE: What is causing you concern? – Coronavirus...
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The December PLMA show is cancelled
2020 “World of Private Label” International Trade Show cancelled due to Covid-19 concerns, says PLMA. New virtual show will be announced soon. AMSTERDAM – 1 September 2020 – Following recent...
Read moreMinister of Agriculture: farmers need protection in the crisis in the agricultural market situation caused by the coronavirus
The coronavirus pandemic has clearly shown that the issue of food security has become more important in the eyes of European citizens. But we can count on Hungarian farmers even...
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67% of small businesses worldwide and 78% of consumers have changed their habits due to COVID-19
While small and micro businesses around the world continue to feel the financial impact of COVID-19, one thing has become clear: rethinking the point-of-sale payment experience is essential to survival....
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Starbucks brings a straw-free lid to Hungary
From the end of August, Starbucks is waiting for those who want to have coffee in Hungary with a new type of straw-free lid. Every day more than half a...
Read moreThe Chinese are already spending on luxury goods, on beer or sports equipment not yet
Chinese consumers mostly buy luxury handbags, cosmetics and health-preserving products as life in the country is returning to normal as the epidemic subsides – origo wrote after Bloomberg. However, they...
Read moreMonthly retail sales decreased in July in Germany
Contrary to expectations, retail sales in Germany did not increase but decreased in July compared to the previous month, cooling hopes that household consumption could lead to a strong economic...
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Lego increased its revenue by 7 percent in the first half of the year
Revenues from the Danish Lego toy group grew seven percent in the first half of the year as online sales soared while the majority of toy stores closed for a...
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Producer prices in the euro area rose in July
In July, industrial producer prices in the euro area rose more than expected from the previous month, according to a report by Eurostat, the European Union’s statistical office. In July,...
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Wholesalers: A guide to surviving the recession
In wholesale the key to success is harmony. Distributors working in this industry must cooperate closely with front-office systems. This type of cooperation makes a thorough analysis of consumer data...
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Norma Introduces Eco-Friendly Packaging For BIO SONNE Milk And Juice
German retailer Norma has introduced environmentally friendly cartons for private-label milk and juice sold under the brand BIO SONNE. The new Pure-Pak-Sense box packaging for the organic brand’s apple juice,...
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Drink Up! Canned Cocktails Market Set To Grow At ‘Breakneck Speed’ Between Now And 2030
The market for canned cocktails is set to grow at ‘breakneck speed’ between now and the end of the decade, driven by an increasingly bespoke array of products, according to...
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Heineken beer for the Dutch market has been brewed completely green
Heineken Netherlands’ is ramping up its sustainability efforts to become fully circular by 2030 with a move that’s seen all Heineken beer for the Dutch market being brewed using 100...
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(HU) Megvannak az első Fenntarthatóság Szimbóluma verseny nyertesei
Sorry, this entry is only available in HU....
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AM: 160 thousand tons of watermelons were produced this year
This year, 160 thousand tons of watermelons were produced, “only” ten thousand tons less than last year, while the production area decreased by twenty percent – the Deputy State Secretary...
Read moreKSH: GDP fell by 13.6 percent in the second quarter
Gross domestic product (GDP) fell 13.6 percent year-over-year in the second quarter. According to the seasonally and calendar-adjusted data, the performance of the economy decreased by 13.5 percent compared to...
Read moreAnalysts: economic growth indicators may significantly improve in the third quarter
Seeing the breakdown of gross domestic product (GDP) in the second quarter released on Tuesday, analysts told MTI that they look to the next quarter with cautious optimism. They expect...
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