Market News
Analysts: changes in shopping habits can be seen from the retail data
Household consumption may have peaked in May, the population has already used up most of the first quarter’s state benefits and is starting to transform the shopping habits in line...
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Retail turnover increased in the euro area and stagnated in the EU in May on a monthly basis
Retail sales increased in May in the euro zone and stagnated in the European Union in a monthly comparison. The statistical office of the European Union, Eurostat, announced on Wednesday...
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Agroinform.hu: the expanding sales of agricultural machinery indicates improved efficiency
The efficiency of production is improved by the fact that farmers in Hungary bought much more tractors than last year in the first half of the year – agroinform.hu told...
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More than one million untaxed cigarettes and potency-enhancing pills were seized by the tax inspectors
The tax inspectors found more than one million untaxed cigarettes, lots of Elf Bar, Heets, cut tobacco, potency-enhancing pills and drug-suspicious substances during a large-scale operation in the capital, the...
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K&H: The optimism of the SME sector is slowly running out
The expectations of SMEs for the next year decreased further based on the results of the second quarter of the K&H SME Confidence Index 2022. The indicator currently stands at...
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This year’s melon season promises to be good
The 2022 melon season officially starts this week. Although domestically grown cantaloupe can be found on the shelves for a month now, the picking of wild cantaloupe and cantaloupe really...
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You can also see how difficult this season is on the autumn rye seed
The expected average yield of autumn ears of corn intended for seed shows an extremely large deviation in each part of the country, but is everywhere below the average. There...
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Regional types of vanilla are crucial to developing flavorful concepts and NPD, say suppliers
Vanilla extracts continue to have a strong hold on the F&B industry as one of the most requested and price volatile ingredients globally. As such, supply chains for vanilla stretch...
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The public finances may lose billions in tax revenue – the shortage of drivers is severe
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The Ministry of Agriculture supports producers with all possible means in mitigating drought damage
By the end of June, the size of the areas affected by the drought damage notification exceeded 300,000 hectares, Minister of Agriculture István Nagy announced on his social media page....
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Mineral water is washing the category’s boundaries away
András Palkó, marketing director of Coca-Cola HBC Magyarország informed our magazine that mineral water value sales were up a moderate 2% in retail in 2021; volume sales dropped 1.8% from...
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BASF may shut down due to the gas crisis
The already terrible famine in the world is increasing, due, among other things, to the Russian-Ukrainian war. The possible shutdown of the chemical company BASF threatens with a shortage of...
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Magazine: Digital trend analysis
Norbert Madar, lead consultant of GKID Research & Consulting (formerly called GKI Digital) analysed the latest digital trends for our magazine. In 2020 and 2021 online retail was growing rapidly,...
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Growth hunger and inflation uncertainty at European companies
More than 70 percent of Hungarian business leaders expect payment problems to increase due to rising inflation and interest rate hikes. At the same time, domestic entrepreneurs feel much stronger...
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TIM: the demand for environmentally conscious products is increasing
More and more people in the consumer society are choosing an environmentally conscious lifestyle, making appropriate decisions more and more often, all of which results in an increasing demand for...
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The EP approved the introduction of the euro in Croatia
At its plenary session in Strasbourg, the European Parliament supported Croatia joining the Eurozone as the twentieth country on January 1, the EU Parliament announced on Tuesday. According to the...
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Economic performance growth in the euro area slowed down in June
The growth of the economic performance of the euro zone slowed down in June, according to the final data of the purchasing manager index of the S&P Global economic research...
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A campaign is launched to promote summer pork consumption
The Ministry of Agriculture, the Agricultural Marketing Center and the Hungarian Meat Industry Association are promoting the consumption of pork in their summer barbecue campaign. The aim of the campaign,...
Read moreThe grain stuck in Ukraine can be brought out via the Danube
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Complete peace of mind during your vacation: tools to keep your home safe
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Changing POS tools and new technologies
The biggest companies are putting new innovative products on the market every month, which they say are the “future of retail” – these can be software products, payment methods, and...
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Digital services: epoch-making regulation for the safety of the online space
In order to create a fairer business environment and greater choice, the proposal for a regulation on digital markets imposes obligations on giant platforms acting as “gatekeepers” (i.e. almost unavoidable...
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Magazine: 2022 will be the year of uncertainty
Stronger private labels in Hungarian-owned retail chains 2021 was about the dominance of Hungarian-owned retail chains. This was the first year when all of them were able to increase value...
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NielsenIQ and GfK to combine, creating a leading global provider of information and analytics in consumer and retail measurement
Combination brings together two complementary global leaders serving retailers and brands to provide extensive retail and consumer information through a total store read and state-of-the-art technology. Creates a leading provider...
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The increase in producer prices slowed down on a monthly and annual basis in the euro area and the EU
The increase in producer prices in the euro area and the European Union slowed down both in a monthly and annual comparison. The EU’s statistical office, Eurostat, announced on Monday...
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London analysts: the chance of a European recession this year is 40 percent due to the risk of the Russian gas stop
According to the estimate presented by macroeconomic analysts in London on Monday, due to the growing risk of the stoppage of Russian natural gas deliveries, there is now a 40...
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According to Gartner, sales of PCs and mobile phones will fall this year
Global sales of personal computers (PCs), tablets and mobile phones will decrease by 7.6 percent this year, market research company Gartner predicts in its latest forecast. Gartner calculates that this...
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No more free plastic bags in Albert Heijn’s fruit and vegetable sections
Dutch retailer Albert Heijn has stopped giving customers free plastic bags in its fruit and vegetables departments, in a move that will save 243,000 kilograms of plastic per year. In...
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Nestlé buys majority share in German spice maker Ankerkraut
Food giant Nestlé has acquired a majority share in German spice manufacturer Ankerkraut. This step will help Ankerkraut by getting access to Nestlé’s expertise and sales network. As for Nestlé,...
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Katalin Neubauer: “Leisurely shopping is a thing of the past”
Our magazine discussed the state of play in Hungarian retail trade with Katalin Neubauer, secretary general of the Hungarian National Trade Association (MNKSZ). – After the hardships of the...
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