Market News
Hungarians are not conscious water-consumers
Five out of 10 Hungarians are not worried that water shortages could develop in Hungary in the next 50-100 years, according to finish’s representative research on water consumption. The survey...
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FAO: International food prices continue rising in April
FAO Food Price Index posts 11th consecutive monthly increase, new forecasts point to growth in world wheat and maize output International food commodity prices rose for the 11th consecutive month in...
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(HU) Magazin: Öt rész vodka, egy rész COVID!
Vodka is the best-selling spirit in the world in terms of quantity, but recently sales have been declining until 2019, when this negative trend seemed to come to a halt....
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Varga Mihály : the economy may grow by 12-14 percent in the second quarter
According to the data followed by the ministry on a weekly basis, the double-digit economic growth forecast for the second quarter, at around 12-14 percent, is justified, Mihály Varga Minister...
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KSH: 4,559,000 employees in April
In April, the average monthly number of employees aged 15-74 was 4,559,000, which was 36,000 more than in the same period of the previous year and 57,000 less than in...
Read moreThe European Commission is urging further EU action to protect pollinators
The European Commission says that further EU action is needed to protect pollinators, as one in ten bee and butterfly species is still on the verge of extinction and one-third...
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The KSH and the professional organization of the service industry have concluded a cooperation agreement
In order to map the Hungarian service sector, the Central Statistical Office (KSH) and the Hungarian Service Industry Outsourcing Association (HOA) have concluded a cooperation agreement – the parties informed...
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World cereal prices skyrocket
Consumer prices rose at an unprecedented rate in April compared with a year earlier. In addition to paying much more for fuels, not a basic food has become more expensive....
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Hungary does not accept any agreement adversely affecting people involved in agriculture
Hungary will not accept an agreement on the common agricultural policy that could adversely affect people living in agriculture in Hungary, Said István Nagy, Minister of Agriculture, in Brussels, after...
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Digital Payment Index – a new industry metric for Mastercard helps Hungarian market participants
The aim of the index announced today is to serve as a compass in the electronic payment market and to provide a holistic picture of the scale and development of...
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AM: the new agricultural regulation brings favorable changes in many areas
A new decree of the Ministry of Agriculture serves to implement several regulations that have long been in need of renewal, as well as the harmonization of EU law. For...
Read moreConsumer confidence in the United States declined slightly in May
Consumer confidence in the United States deteriorated slightly in May, but is still very close to the level before last year’s coronavirus crisis appeared. The Conference Board, a nonprofit economic...
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PLMA news about assortment extension
There are several assortment extension topics in the May newsletter E-Scanner of the Private Label Manufacturers Association. Novelties represents egsotic, healthy, vegetarian, vegan and sustainable trends. Albert Heijn expands international...
Read moreGerman GDP decreased by 3.4 percent
Germany’s gross domestic product (GDP) fell 3.4 percent in the first quarter from a year before and 1.8 percent from the previous three months, the Federal Statistical Office (Destatis) announced...
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According to a new study, watermelons come from Northeast Africa
Examining the DNA of watermelon species and hundreds of varieties of greenhouse-grown plants, researchers have discovered that watermelons are most likely derived from ancient plants that lived in the wild...
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The security sector takes a while to bounce back to the pre-covid setting
The re-opening of tourism, hospitality and the events-sector, the security sector faces serious challenge, which has not been seen for more than a year. However, the segment has suffered a...
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Blokkk.com: there are 27 thousand shopkeepers less
So few people have barely ever worked in stores like in the first quarter of 2021. The number of people employed was 27,000 lower than a year earlier. But even...
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Hungarian children eat alarmingly little fruit and vegetables
Hungarian children between the age of 4 and 10 consume less vegetables, fruits, dairy products and whole grains than recommended, but their diet contains more fat and salt than necessary,...
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Common farmland bird populations continue to decline
Birds in the EU are less abundant than a few decades ago. However, after many years of decline, it appears that the numbers of common birds have started to stabilize...
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That’s the way we tend to choose a car these days
Sustainability and car reliability are important, as we age, we prefer brighter colours, swear a lot while driving and like to give our car a name, according to a survey...
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Magazine: Hungarians haven’t stopped snacking
Pandemic here and lockdown there, Hungarians continue to enjoy snacks. Last year’s sales data indicate that shoppers reserve a little space in their ‘pandemic pantry’ for salty snacks too. According...
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Everybody got hooked on fast-commerce
In the morning we swear by cocoa snails, and in the evening we lose the best of cold beer, at least when it comes to immediate delivery. More and more...
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Finally, more money is spent on ads for booze
Advertising spending on promoting alcoholic beverages could rise to $7.7 billion over three years from $6.6 billion last year. Although alcohol brands spend twice the average on television, audience shrinkages...
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AM: Applications for support for plantation can already be submitted
Since 24 May, Horticulture – plantation planting and medicinal plant production support applications can be submitted, Nagy István, Minister of Agriculture announced. The planned budget available for support is 15...
Read moreMNB: In terms of sustainability, the Hungarian economy is in the midfield within the EU
In terms of sustainability, the Hungarian economy is in the middle of the EU, according to the MNB, it is the 15th among the countries of the European Union, the...
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Ifo’s German business sentiment index for May improved better than expected
The ifo economic research institute at the University of Munich said on Tuesday that its business sentiment index rose to 99.2 points in May from the 96.6 points of the...
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Shoppercentricity – The future of retail
A real shopper marketing flagship is the store presented in this aticle. This store is so packed full of great shopper-centric thinking, some of this must be part of what...
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GKI’s economic sentiment index exceeded its pre-crisis level in May
After an unprecedentedly large rise in April, GKI’s economic sentiment index made a much smaller, but still significant step up in May, reaching its pre-pandemic level of Feb-ruary last year....
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Get to know new foods thoroughly, advises the Hungarian Dietetic Association
There are a lot of food innovations these days, most of which are created for sustainability, ethical or health reasons, of course business interests are not negligible. It is primarily...
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Magazine: Cereal successes
Last spring households were stockpiling different cereal products too, although not to the same extent. For instance various cereal-based bars were affected negatively by the lockdown. Tamás Simonics, Nestlé Hungária Kft.’s...
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