Market News
E-commerce grows by one third in September
In September 2020 like-for-like retail volume sales fell by 2 percent if adjusted for calendar effects – reported the Central Statistical Office (KSH). Food and food-type retail outlets experienced a...
Read morePig prices grew in the USA and fell in Europe
According to the Research Institute of Agricultural Economics (AKI), the United States Department of Agriculture (USDA) reported that the price of pig was USD 1.7/kg in the USA in October...
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Less frequency but larger baskets
It seems that we have materialized the second wave of the pandemic and restrictions are already getting more drastic, However, is this reflected in customer’s behavior? Signs clearly indicate parallel...
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Not a single link can be weak
Since during the COVID-19 pandemic shoppers were less keen on buying in physical stores, the level of online shopping jumped like never seen before in just a couple of weeks,...
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Health-conscious innovations: What is behind the label?
Already before the pandemic consumers were expecting a rather pro-active attitude from those companies that make health-conscious and healthy food products, primarily in the domain of technological innovations. The COVID-19...
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Fruit syrups are in a winning position
According to Márk Monostori-Kalovits, marketing team leader of Ital Magyarország Kft., 2020 was about renewal for the company, as the full Ági portfolio went through an overhaul. Ági sales...
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The chocolate flavour still dominates
Market research data indicates that shoppers staying home or wanting to get done with shopping quickly have resulted in a sales decrease in impulse product categories. Milk drinks and iced...
Read moreKSH: Prices rose by 3 percent on an annual basis
In October, the annual growth rate of consumer prices slowed to 3.0 percent from the 3.4 percent in the previous month. The moderate annual rise in the prices of food...
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We are importing more and more poultry meat
According to the data of the KSH, the export of poultry meat in Hungary decreased by almost 12 percent to 129 thousand tons, while the import of poultry meat increased...
Read moreThe opening hours of the stores will change from Wednesday
Following Orbán Viktor’s announcement on Monday that a curfew will be introduced in Hungary between 8 am and 5 am to curb the coronavirus pandemic, the opening hours of domestic...
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Coronavirus: dometic e-commerce traffic can explode at the end of the year for
Due to recent restrictions to help control the epidemic, e-commerce traffic in Hungary could explode again in the year-end shopping season. According to recent surveys, 37% of Hungarians plan to...
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A 7 pm close could affect 30,000 stores out of 120,000
Grocery stores, malls, hypermarkets and large specialty stores need to close sooner than usual, – blokkk.com wrote. Webshops can no longer handle much more, the receiving point also needs to...
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What a vaccine could mean for retail
There’s finally hope of an end to a pandemic that has destroyed lives and livelihoods, and upended consumer behavior. For now, uncertainty still rules. The Monday report that pharmaceutical giant...
Read moreChinese pork prices have fallen for the first time in a year and a half
After more than a year, for the first time in China, the price of pork fell, as in the country as production increased, began to alleviate the previously very severe...
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Investor sentiment deteriorated in November in Germany and in the euro area
In November, for the second consecutive month, the German economic research institute ZEW in Germany and the euro area deteriorated significantly, as the second wave of the coronavirus pandemic and...
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Liver paté: A small but strengthening category
Liver paté is a small processed meat product category where sales are growing: 9,700 tons of liver paté is sold in a year – volume sales were up 3.4 percent...
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Greener Common Agricultural Policy
More than half of agricultural revenues in Hungary come from European Union funding, in which the financial resources of the Common Agricultural Policy (CAP) play a key role. István Tresó,...
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Most people are satisfied with their workplaces in the coronavirus situation
According to an 1,100-respondent nationwide representative survey by Opinio, 64 percent of Hungarians want their workplace to inform them about the COVID-19 situation. 34 percent said the most important is...
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We spend more than 50 thousand on Christmas gifts this year
For the 6th year in a row, Árukereső.hu and GKI Digital have been conducting joint Christmas research, which asks the adult population of the Internet about preparing for the festive...
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PLMA – The latest news from Europe
Retailers keep announcing cooperation related decisions. Carrefour and Tesco took a step back in their collective private label product sourcing, because the French competition authority had problems with it. In...
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(HU) Megingathatja a kkv-kat a járvány második hulláma
Sorry, this entry is only available in HU....
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Online and health are top trends in the world of private label too
In the PLMALive.eu monthly online video news programme the main topic was the PLMA online ‘World of Private Label’ trade show, which takes place between 1 and 4 December; the...
Read moreMagazine: The Trade Has Changed – E-commerce in the time of the pandemic
Right before the outset of the second wave, the Visegrád conference of this year’s Ecommerce Summit took place with an abundance of issues discussed by over 50 experts. No wonder,...
Read moreSerious restrictions have been announced by the Prime Minister
The number of coronavirus diseases must be reduced, because if the number of infected people continues to grow at this rate, hospitals will not be able to cope with the...
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Intrum: solvency improved in the third quarter and then began to deteriorate again
The financial situation of households continued to stabilize at the beginning of the third quarter, but by the end of the period Intrum’s solvency ratio had fallen slightly again, the...
Read moreWho opens a webshop in rush might risks a million HUF fines
As a result of the pandemic situation, internet retailing also exploded in Hungary. Many companies have opened webshops and more and more people are placing more emphasis on online sales....
Read moreA woman in Esztergom hid a consignment of twenty million cigarettes
The Esztergom District Prosecutor’s Office has indicted a woman for concealing smuggled cigarettes worth twenty million forints in herapartment – the Komárom-Esztergom County Attorney General told MTI on Monday. According...
Read moreRetail sales grew by 1.7 percent in the first three quarters of the year in Romania
In Romania, according to raw data, the volume of retail sales increased by 1.7 percent in the first three quarters of the year, compared to the same period last year...
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Red Bull dance competition on TikTok
Red Bull is turning its yearly “Dance Your Style” competition into a virtual event on video-sharing app TikTok. Nov. 2. Red Bull announced on PR Newswire that Dance Your Style challenges...
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