Market News
According to a survey, active internet users will spend more than 50,000 forints on Christmas presents this year
This year, active Internet adults spend an average of 52,300 HUF on Christmas presents, 8 percent more than last year, but the number of recipients is narrowing due to the...
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You can stay in the store for exactly 7 pm
Receipts cannot be given after 7 pm because the shops must be closed accurately. The store can now be closed for one day if either the closing or mask-wearing rule...
Read moreThere was a record harvest of corn this year in Békés county
Corn has become one of the largest crops of the last ten years in Békés County this year – the secretary of the Békés County Farmers’ Association told MTI on...
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A rural development tender has been launched to help the smallest farmers
In order to support their activities and expand their opportunities, the Ministry of Agriculture provides the lump sum flat-rate support for the development of their production activities in the amount...
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Webshops: New VAT rules to come,
The 2021 tax package submitted by the government to parliament includes new VAT regulations for e-commerce. The law is expected to be passed next week, with major changes mostly taking...
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A methodology has been developed for the rapid identification of food adulterations
The rapid identification of food counterfeits has been operating at Halker Kft. since January, the methodology was developed by a consortium led by the company as part of a 1.46...
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From January, all invoices will be visible to NAV
Next year, the tax authority must be notified immediately if a company issues an invoice to individuals or foreign buyers. This imposes a new type of obligation on companies –...
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(HU) Ipsos:Nem érte váratlanul a lakosságot az újabb szigorítás
Sorry, this entry is only available in HU....
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Is innovation the new hope?
In mid-October a Hungarian National Panel representative survey with 800 respondents tried to find out whether the pandemic changed how consumers view new innovations. In spite of the fact that...
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Camelicious: Camel milk – the white gold of the desert
The world’s biggest camel milk farm and processing plant can be found in Dubai. There are more than 8,000 camels in the company’s herd and the products they make are...
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think.BDPST: Regulations following the technological development
The think.BDPST conference has been organised for the fifth time, and the main topics were the future of education, regulating how tech giants operate, the possible effects of 5G’s spreading...
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XIXO is preparing for the end of the year with new innovations
Hungarian fizzy drink and ice tea brand XIXO is treating quality soft drink lovers to new innovations in the last months of the year as well. In the ice tea...
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Every day 120 new innovations are launched in Europe in the top categories
Premium sales jumped during the pandemic This year again Nielsen BASES published its Top25 Breakthrough Innovations list. Nielsen’s study reveals that in 2018-2019 120 new products were introduced in the...
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Reaching new peaks
Next Unio Magyarország Kft. is getting ready to take a very important step: adding retail operations to its current wholesale profile. To this end they have established a 120-store franchise...
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Once again Coca-Cola wins ‘Display of the Year’
At the year’s last Trade Marketing Club (TMK) meeting – which was held online – the winners of the 2020 POPAI Awards POP competition were announced. The entries were exhibited...
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Advertising: United they stand
Atmedia has done a comprehensive survey on how campaigns in different channels of media influence product sales in the FMCG market. In this sector about 90 percent of advertising budgets...
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Disinfecting during the Covid-19 pandemic
It doesn’t come as a surprise that the Covid-19 pandemic significantly increased the demand for cleaning products, especially for disinfectants. In the first seven months of 2020 cleaning product volume...
Read moreE-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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