Market News
Rising food prices are prying shoppers from their favorite grocers
Price has emerged as the top consideration for consumers when they decide where to shop for food, according to a survey conducted last week by Inmar Intelligence. Roughly 68% of the 1,000...
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Lives and careers abroad
Our magazine interviewed four managers who had spent a long time in other countries. Zsuzsa Szak (SZZS), general manager of beauty care at Henkel Magyarország Kft., Dániel Buzási (BD), country...
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KSH: the performance of the economy increased by 1.9 percent compared to the previous quarter
Compared to the previous quarter, Hungary’s gross domestic product (GDP) fell by 2.3 percent according to the raw data and by 2.0 percent calendar effect adjusted in the first quarter...
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Quality Label has been introduced by the British Beef Breeders Association
A trademark has been introduced by the British Beef Breeders Association (BHTE) to encourage the consumption of good quality, controlled, domestic beef, the organization told MTI on Tuesday. The introduction...
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Avian influenza: the requirement to keep poultry closed has been withdrawn
Due to the favorable epidemiological situation, the national chief veterinarian withdrew the requirement to keep poultry closed, the National Food Chain Safety Office (Nébih) announcexcd on its website. The mitigation...
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Nébih withdraws 1.2 tons of food from the market in Tuzsér, Szabolcs-Szatmár-Bereg county
The National Food Chain Safety Office (Nébih) withdrew more than 1.2 tons of risky food from the market during the inspection of one of the food stores in Tuzsér, Szabolcs-Szatmár-Bereg...
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Euro area and EU GDP declined in the first quarter
In the first quarter of this year the gross domestic product of the euro area decreased compared to the previous quarter, the European Union’s statistical office, Eurostat reported on Tuesday....
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Walmart maintains growth with online sales up 37%
COVID-19’s unprecedented impact on Walmart’s growth last year was tough to beat, but the retailer continues to report robust first quarter growth with e-commerce sales up 37%, market share gains in grocery...
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Research by Reacty: A year in the life of e-commerce
We ordered online more often in the past year, we paid cashlessly, we had it delivered by courier and the most popular category was clothing, but there was also a...
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There’s a huge increase in GDP in Hungary, as if there was no covid!
In the first quarter of 2021, the performance of the Hungarian economy (seasonally and calendar-adjusted) was 1.9% higher than the previous quarter. This is a huge surprise, as it was...
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We spent 1 trillion HUF in foreign webshops
There may be 14,468 Hungarian webshops, according to an MNB data. In 2020, we bought them 113 million times and spent more than 1.5 trillion forints on them. But we...
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Outdoor fun
What will this year’s barbecue season be like? Well, this time it not only depends on the weather, but also on the pandemic situation. Gábor Zab, domestic sales director of...
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Promotional television commercials from a neuromarketing perspective
There is fierce competition between brands and service providers, and companies have great influence on the decisions of consumers. It isn’t an easy job to conquer the hearts of consumers,...
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Exciting 15 months from a market researcher’s perspective
On 15 April Trade Marketing Club (TMC) organised its popular market researchers meeting online. This year 145 participants registered for the free event. Zsuzsanna Hermann, one of the club’s founders...
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Shop! Global Awards award ceremony
At the end of April an online award ceremony was organised to present the Shop! Awards, the OMA awards to the winner of the North American POP competition and the...
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ZEWA Tringle is the Hungarian student champion
Dávid Gál’s Zewa Tringle display proved to be the best in the Student Design category of the Shop! Global Awards in 2020. The Hungarian leg of the contest was organised...
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Essity focuses on sustainability
At the May meeting of POPAI Hungary Réka Nagy, customer marketing manager of Essity Hungary introduced the international, regional and Hungarian sustainability efforts of the company. In the spirit of...
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News in brief
Edeka and Intermarché have left European purchasing alliance AgeCore, where they used to have a combined share of 60 percent. British frozen product specialist Iceland has launched a new store format, called Swift, which they...
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No trade show in May, but a green light for December
Normally the Private Label Manufacturers Association organises the ‘World of Private Label’ trade show in May. Because of the pandemic this year’s event will take place on 14-15 December, in...
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In April GKI’s business confidence index neared the pre-recession level
GKI’s business confidence index got close to the last March level in April 2021 There has never been this big a surge from one month to another as this April....
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Increasing cereal prices
According to the data of AKI PÁIR, in Hungary the producer price of milling wheat (excluding VAT and transport costs) was HUF 74.6 thousand per tonne (+29 percent), feed wheat’s...
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AM: one can also apply for support for crop storage, dryers and cleaners
The Ministry of Agriculture (AM) is announcing a tender for the support of crop storers, dryers and cleaners with a budget of 50 billion HUF within the framework of the...
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In March, producer prices for vegetable products increased and producer prices for meat products decreased in Germany
Producer prices for plant-based food products rose in March due to high demand, while meat prices fell in Germany, according to a report released on Monday by Destatis, the federal...
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Harrods celebrates 150 years of chocolate
Harrods celebrates 150 years of chocolate with the opening of the much-anticipated Chocolate Hall; concluding the final chapter of the four-year restoration of the Food Halls in Harrods’ Knightsbridge store. The...
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Blokkk.com: several stores had to close during the pandemic
Can’t find your favorite store? It may have closed: In 2020, the shutters of 3,744 stores were permanently closed. And maybe there were people who waited until Christmas to see...
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Pentecost can give a boost to trade
Before the long weekends and holidays, the traffic in the shops usually picks up, but this year’s Pentecostal traffic can be strengthened mainly by the gradual easing of protection measures...
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K&H: companies are waiting for EU tendering opportunities
There has been a huge increase in interest from SMEs in EU tendering opportunities, the first quarter results of the K&H SME Confidence Index research showed. Four out of 10...
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KSH: census of individual farms has begun
On May 15, the Central Statistical Office (KSH) will start the census of individual farms with the participation of about 21,000 individual farms nationwide. Respondents can answer the questions online...
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These products might get more and more expensive
Over the past year, the price of spirits, tobacco and fuels has risen significantly, however, there are also products that have gone through a drastic increase in a year: the...
Read moreAccording to K&H’s research, interest in EU tenders has jumped
There has been a huge increase in interest from SMEs in EU applications; the willingness to tender index rose 15 points from the previous quarter, currently standing at 43 points,...
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