Market News

Green financing: supported environmental protection

BDO Hungary became a member of the “club” of green financing consultants accredited by the Budapest Stock Exchange (BÉT). The European Union reimburses half of the consulting fees of the...

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BMI: Contraction in September after a long expansion

The seasonally adjusted September value of the Purchasing Manager Index (BMI): 49.6. Compared with the previous September values, this year’s value is lower than the long-term average for this month...

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It is now so important for customers to use energy-saving devices

Customers consider it important that their devices are energy efficient, however, most of them are not aware of the meaning of energy labels, and not everyone is willing to pay...

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Nébih’s new cooperation agreement can speed up the licensing of plant protection products

The fact that the National Food Chain Safety Office (Nébih) has concluded a cooperation agreement with NEVEX Institute Kft. can speed up the licensing of plant protection products, Nébih told...

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Generation Z and X employees are the most dissatisfied

Managers are too optimistic about the happiness of their employees, according to the latest research by the Capgemini Research Institute. Based on a survey involving 750 managers and 1,500 employees,...

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Mastercard Economics Institute: this is what consumers spend the most on during the crisis

In the midst of an ever-changing and unprecedented global economic climate, consumer decisions about purchases and spending can help show what tomorrow holds. The Mastercard Economics Institute’s “Shifting Wallets” research...

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Many people take their dogs with them to work

More and more owners think so: they want to spend as little time as possible without their favorite four-legged friend, and if they get the chance, they take it with...

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Hungarian-Uzbek agricultural relations are getting a new boost

Minister of Agriculture István Nagy signed three agreements on the development of horticulture and greenhouses, viticulture and winemaking, and the work plan for the period 2023-2024 with Aziz Voitov, head...

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Value and Quality are recession-proof!

On 8 September the Value and Quality Awards were presented to the winners for the fifth time, in the building of the Hungarian Parliament. This year 41 entries by 34...

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Continente stores sell Gosh! products

Continente stores are the first in Portugal to sell the plant-based products of British start-up Gosh! The retailer offers eight products (five refrigerated and three frozen), comprising 100% natural, plant-based...

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Kaufland reduces the salt, sugar and fat content of more than 300 private label products

Kaufland has cut the salt, sugar and fat content of more than 300 private label products since 2018, and the retailer plans to do the same with another 200 products...

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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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Hungary’s digital payment index is above average

Mastercard measured the Digital Payment Index of Hungary for the second time this year. The Index relying on three pillars that are infrastructure, knowledge and use, shows the market’s level...

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Explosive growth in the online drugstore segment

According to Rossmann and data-driven logistics specialist DODO, the popularity of online order and home delivery solutions is growing dynamically. They also revealed that Monday is the most popular home...

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One week in the spirit of retail marketing

This year’s Shop! Ideation will take place in Columbus (Ohio) in the USA, on 23-25 October. The topics of the conference include retail and POS marketing, cooperation, training and networking,...

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Péter Balázs: „It is great that Hungary and Hungarian mentality in general is very open”

Trade magazin’s Business Podcast, Future Talks with Szilvia Krizsó continues The latest episode of Future Talks features Péter Balázs, former Minister of Foreign Affairs, who was the guest of Szilvia...

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Food buying habits of Hungarians

Rama has conducted a nationwide representative survey on the food buying habits of Hungarians. 58% of respondents claimed that price is one of the top 3 most important factors influencing...

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Many switch brands to cut costs

EY’s latest international survey involving 18,000 respondents has found that eight from ten consumers worldwide are concerned about their finances. Every second respondent tries to cut costs by downtrading, and...

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FMCG retail trade declined in July

According to the raw data of the Central Statistical Office (KSH), the volume of retail trade in July 2022 exceeded that in July 2021 by 3.8%. The data adjusted for...

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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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A rally that is about cooperation – for the 16th time

Just like last year, the Coca-­Cola HBC Magyarország Kft. team won the Coop Rally. On 7-8 September the driver teams visited locations in Heves, Borsod-Abaúj-Zemplén, Hajdú-Bihar and Szabolcs-Szatmár-Bereg counties. The...

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GKI’s economic sentiment index hardly changed in September

August was the fourth consecutive month when business and consumer expectations were worsening. This trend continued for consumer expectations in September, but business expectations improved a little. GKI Economic Research’s...

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Raw milk’s price up by two-thirds in a year

According to AKI PÁIR, the national average producer price of raw milk in Hungary was HUF 181.71 per kilogram in August 2022 In addition to the improvement in the protein...

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Naturaqua factory in Zalaszentgrót celebrates 20 years

Coca-Cola HBC Magyarország started building its bottling plant in Zalaszentgrót in 2002, from a budget of more than HUF 2bn. The mineral content of the water, which springs to the...

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Future Trade conference 2022: Which way to go, e-commerce?

In May the second Future Trade conference was organised in Budapest. Participants discussed the latest trends, solutions and technologies that online retailers can use to stay in the game. The...

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TreeHouse Foods to sell part of its “meal prep” business

TreeHouse Foods Inc said it would sell a large part of its meal preparation division to an investment firm for USD 950m, because it wishes to focus more on its...

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Coop Norway introduces price ceiling on some FMCG products

Coop Norway is introducing a price cap on 200 everyday products for the remainder of the year, because high inflation affects the spending power of consumers. The price ceiling is...

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Premier Foods launches new campaign to fight food waste

Premier Foods has started a new campaign to help consumers transform their leftover food and ingredients, turning them into filling meals. Premier Foods – one of the UK’s largest food...

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Iceland partners with Del Monte to support NHS programme

Iceland has partnered with fruit and vegetable supplier Del Monte to promote the Healthy Start scheme of the National Health Service (NHS), which was established in autumn 2021 to help...

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Albert Heijn’s new food waste prevention programme

Dutch retailer Albert Heijn expects to save 4.5 million kilograms of food by launching a new in-store food waste prevention programme, called AH Overblijver. This features products with an approaching expiration...

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