Market News

Analysts: consumption may have significantly dragged GDP growth in the first quarter

In addition to wage increases at the beginning of the year, one-off benefits paid in February, low base data and gasoline tourism also contributed to inflation expectations in March, according...

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Beer can become 30 percent more expensive in Germany

Beer pricws could rise by as much as 30 percent this year, according to estimates by the Confederation of German Breweries (Deutscher Brauer-Bund, DBB) published this Wednesday. The rise in...

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Retail sales grew 5.5 percent in the first quarter in Romania

According to raw data, the volume of retail sales in Romania increased by 5.5 percent in the first quarter of this year compared to the same period last year, the...

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Economic growth in the euro area accelerated in April

Growth in the euro area’s economic performance accelerated in April, according to final data from the Purchasing Managers’ Index of the IHS Markit in London on Wednesday. In April, two...

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Finland’s S-Group expands its Collect and Scan service

Finnish retailer S-Group is expanding its collect and scan service to another 25 Prisma stores in 2022, following the 4 shops that provided the service in its trial phase. The service...

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Ipsos research: Hungarians see the benefits of globalization

Ipsos’ latest international research has assessed public support for globalisation and world trade in 25 countries, including Hungary. The majority believe that cross-border trade is essentially useful, but a third...

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By the end of the year, beer prices could rise by as much as 30 percent

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Concurrences, one of the world’s leading competition information portals, has also selected the research of the Hungarian Competition Authority (GVH) on the relationship between sustainability and competition law, the GVH told MTI.

Concurrences, one of the world’s leading competition information portals, has also selected the research of the Hungarian Competition Authority (GVH) on the relationship between sustainability and competition law, the GVH...

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Kaufland tests selling groceries in returnable glass jars

German retailer Kaufland has rolled out food products in returnable glass jars, trying to strengthen efforts to cut plastic use and save resources. Kaufland is offering around 90 items, including...

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Fair market practices in compliance with the UCP Notice

The Self-regulatory Advertising Board (ÖRT), the Hungarian Competition Authority (GVH) and the Green Section of the Hungarian Marketing Association (MMSZ) have joined forces to organise a meeting for member companies,...

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You can apply for free IT training until midnight on Friday, one-third of the vacancies are already full

You can apply for a 100 percent state-funded IT training called the Redesign Program, announced for the third time by the Department of Innovation and Technology (ITM), until midnight on...

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We don’t have to worry about a shortage of eggs

Despite the war in Ukraine, there is no shortage of eggs in Hungary in the future. Although the sharp rise in feed prices reduces price stability, the European Union is...

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NAV: 13 million HUF worth counterfeit perfumes were found in a car on the M7 motorway

Employees of the National Tax and Customs Administration (NAV) found more than 13 million HUF worth of counterfeit perfumes in a car with a Croatian license plate, which was checked...

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The Romanian government expects GDP growth of 2.9 percent this year

The Romanian government’s Economic Forecasting Committee has significantly reduced its forecast for this year, so it expects Romania’s gross domestic product (GDP) to expand by 2.9 percent instead of the...

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Automation in logistics – what can the future hold?

Logistics is an ever-evolving industry where technology can greatly help the work of companies. It is also needed as consumer expectations continue to grow, and the amount and quality of...

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Magazine: Targeting flexitarian consumers: Few vegans, much more flexitarians

As part of the Smart Protein project, in the summer of 2021 7,500 consumers from 10 European countries (including Romania and Poland) answered questions about their attitude toward eating plant-based...

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GKI: The first year of the Covid epidemic has widened the pay gap

Using the data of NAV, GKI Gazdaságkutató Zrt. Examined the development of net earnings in the first year of the COVID epidemic. In 2020, the average monthly net earnings per...

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The Hungarian economy could grow by 5.9 percent this year

The Russian-Ukrainian war is causing uncertainty, so the economy could grow by 5.9 percent this year, which is only 0.1 percentage points lower than previously forecast, Suppan Gergely, Head of...

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The highest Purchasing Managers Index in April was measured by MLBKT this year

The seasonally adjusted Purchasing Managers ’Index (PMI) for April was 58.9 points. Respondents reported more favorable developments for twelve month than in the previous month. The seasonally adjusted index now...

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KSH: the foreign producttrade deficit was 117 million euros in February

In February, the value of exports in euros increased by 18.7 percent and that of imports by 30.5 percent. Compared to January, the adjusted volume of exports increased by 2.0...

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Hungarian music will be played in Hungarian stores on May 12

Only Hungarian music will be played in about a thousand shops, hypermarkets and hotels on May 12th. The aim of the Él a zene! initiative is to bring Hungarian authors,...

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Economic sentiment in the euro area deteriorated in April

For the second month in a row, the economic sentiment index in the euro area and the European Union fell to a more than 1-year low in April in a...

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Blokkk.com: The sales fever has risen higher

They are already looking for a seller with a Ukrainian language ad. There is a growing shortage of labor in stores, earning a quarter more sellers than at the beginning...

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The domestic tomato season has started

More than 12,000 tons of tomatoes will be on the table of consumers this year from the greenhouses of TRIVEGA Kft., Formed by multi-generational gardening families in the Southern Great...

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More moderate expansion in April

Seasonally adjusted March for Purchasing Managers Index (BMI): 58.9. Compared to previous April, this year’s value is above the long-term April average (52.1) and the average for the past three...

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Lidl Portugal modernised stores from EUR 21m

Lidl has invested EUR 21m in its Portuguese store network, to ensure greater proximity to people and easier access to products and services. The five revamped stores are part of...

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Migros votes on lifting alcohol sales ban

In June members of Swiss retailer will vote on whether or not the cooperative should offer alcoholic beverages for sale in its shops in the future. The alcohol sales ban...

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Croatia: Studenac launches new app

Croatian retail chain Studenac is increasing its digitalisation budget and has launched a new app, which is aimed at improving customer experience and loyalty. The app is available in both...

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Diageo is the new owner of flavoured tequila brand 21Seeds

Diageo has acquired 21Seeds – one of the fastest-growing brands in the flavoured tequila segment – according to an IWSR report. The drink is infused with real fruit juice and...

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