Market News
Croatia limits the number of store visitors
The Croatian crisis team announced further tightening on Wednesday, due to the spread of the coronavirus pandemic, limiting the number of visitors to the stores. Interior Minister Davor Bozinovic, head...
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Despite the pandemic, there was no rush in pharmacies
Despite the pandemic, there was no rush in pharmacies in the second wave of the coronavirus pamdemic in fact, pharmacy sales fell in October. Due to teleworking, the turnover of...
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Virtual festivities for the holidays
Belk USA department store chain unveiled virtual holiday activities, including free phone calls from Santa Claus, an online holiday home decorating contest and gift cards for select shoppers covering the...
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The euro area saw the highest GDP growth in its history in the third quarter
The euro area’s gross domestic product grew less than first estimated, but still the largest ever recorded, in the third quarter compared with the previous quarter, according to a report...
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IDC: PC monitor market has significantly expanded in the third quarter
The global market for PC monitors expanded strongly in the third quarter as a large number of people continued to work from home due to the corona virus pandemic. According...
Read moreFor the first time in more than a decade, consumer prices in China fell in November
For the first time in more than a decade, consumer prices in China fell in November, while the decline in producer prices slowed to the mildest pace in the past...
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Blokkk.com: Quality of service? Waiting time? What’s that?
The warnings of epidemiologists and consumer protection are true: in order to minimize the risk of infection, it is now particularly important that people stay in shops and stores only...
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Hygiene vs. sustainability: Which is more important?
The coronavirus started a new era in the packaging industry too. Right now the three main areas in the sector are sustainable, smart and antimicrobial packaging. On a global scale...
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The number of people employed in Hungary may have been 200,000 less than the official data
According to the employment data published on the basis of the labor market survey of the CSO, the number of employees increased from 3.7 million to 4.5 million, or 780...
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Cofidis survey: Hungarians plan to spend less on Christmas presents this year
Fewer people plan to give gifts in the pandemic situation, and even less, the number of Christmas shoppers will decrease by almost a tenth this year and the amount spent...
Read moreOT: until January 11, strict protection measures will be maintained
Strict protection measures for the second phase of control of the coronavirus pandemic will be maintained until January 11, the deputy head of the on-call center of the Operational department...
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Hungarian and Polish goose meat will be on the tables in Germany at Christmas
At Christmas, goose meat imported predominantly from Hungary and Poland will be on the tables in Germany, according to a report by the Federal Statistical Office, Destatis, published on Tuesday....
Read moreKSH: annual inflation was 2.7 percent in November
In November, the annual growth rate of consumer prices slowed to 2.7 percent from 3.0 percent in October. In one month, compared to October, consumer prices fell by an average...
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Ipsos: the new aspects of brand communication
During the first spring wave of the Covid-19 pandemic, Ipsos used a qualitative method to examine the advertising consumption of the population in the context of restrictions. The results of...
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Marketing motorizes the economy
Each 1,000 HUF gross value added in the sector contributes an additional 860 HUF to the total performance of the national economy. Each of the 100 workers in the sector...
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Markit’s euro area PMI indicator indicates a decline in GDP for the fourth quarter
The performance of the euro area economy deteriorated less than expected in November, compared with the previous month, but it also predicts a decline in gross domestic product in the...
Read moreThis is how the financial situation of the Chinese middle class looks like
The Chinese president often states that in the future, Chinese consumers will be one of the engines of the world economy – origo wrote. This is largely due to the...
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Immunity-boosting supplements will be a top 2021 trend
Immune-boosting products, spices, oils, vitamins, healthy snacks and ready meals, health-promoting ingredients will be outstanding food trends in 2021, according to forecasts by Natural Grocers and The Fresh Market USA...
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2020 brought a multiyear leap forward in the financial digitalisation of enterprises
A bit more than one year ago Mastercard launched an infrastructure development programme called Doppio. Just a few months later the Hungarian government announced: from January 2021 retailers and service...
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Podcast with Győrffy Balázs and Neubauer Katalin
Győrffy Balázs, President of the National Chamber of Agriculture and Neubauer Katalin, Secretary General of the Hungarian National Chamber of Commerce, talked about the commercial sector and the Christmas shopping...
Read moreThe Independent Trade Union of Commercial Workers proposes to rethink the time zone for the elderly
The Independent Trade Union of Commercial Workers is proposing to reconsider the two-hour protected shopping time zone for the elderly introduced after the coronavirus pandemic after December 11, as they...
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Save 2020 with a sandwich!
In Hungary, 2 million people live in deep poverty, including families, children, the elderly and the homeless. The COVID-19 pandemic made their daily food supply even more difficult. The Budapest...
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Agroinform.hu: pine growers expect more restrained turnover this year
Pine growers expect more restrained turnover this year, according to the forecast of the Interprofessional Organization of Hungarian Ornamental Gardeners. Pine tree prices will be at a similar level as...
Read moreAfter a month-long closure, stores opened in Austria
After tha shutdown lasts since November 17 aimed at curbing the coronavirus pandemic, stores opened on Monday and teaching began in the lower grades of schools in Austria. However, Chancellor...
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This year, shoppers are spending billions on toys at Christmas, according to a survey
Regio Játék estimates that the annual turnover of the Hungarian toy market may exceed 50 billion HUF, half of which, 25-27 billion HUF, will be realized in the month and...
Read moreRetail sales declined in the Czech Republic
Retail sales in the Czech Republic fell 0.2 percent in October year-on-year. The monthly decline was 1.9 percent, the Czech Statistical Office announced in Prague. Turnover in manufactured goods fell,...
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Sentix’s eurozone investor sentiment index improved significantly in December
By December, hopes for the antiviral vaccine had improved investor sentiment in the euro area to the highest level since February, according to a survey by the economic research institute...
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Brands together – collaboration over competition
Born out of the crisis of the pandemic, the Mission Brand Alliance is looking to push consumers to other values-driven brands by banding together. The joint 20 brands are sending...
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Reál: Successful promotion with Hungarian Product
Hungarian Product Nonprofit Kft. organised a promotion campaign in REÁL stores between 2 and 27 September. Shoppers who purchased minimum two Cerbona Élelmiszergyártó Kft., Detki Keksz Édesipari Kft., Nádudvari Élelmiszer...
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Seventeen moments of spring
On the second day of the Business Days conference Tünde Turcsán, commercial director of GfK Hungária’s FMCG division gave an insight into the latest consumption trends and their practical manifestations...
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