Market News
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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Magazine: Mountains and valleys
The crisis induced by the COVID-19 pandemic has influenced the sales opportunities of winemakers too. Gergő Soltész, president-CEO of Ostorosbor Zrt. informed us that their HoReCa partners bought less from...
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Analysts: fuel consumption pushed back retail sales in September basically
The acceleration in the decline in fuel consumption due to missed trips due to the second wave of the pandemic has left its mark on retail sales in September. For...
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The “Buy Domestic!” campaign continues with unprecedented collaboration
With the unprecedented collaboration of twenty companies, the “Buy Domestic!” campaign continues with a TV campaign in which the Magyar Termék Nonprofit Kft. encourages the purchase of domestically produced products....
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The data of the KSH predict a significant increase
Well before the end of this year, the industry managed to overcome the production disadvantage, which was collected during the forced spring break – hvg.hu quotes the comment of Virovácz...
Read moreA three and a half to four percent increase might occur next year
The updated expectations of the European Commission and Raiffeisen Bank coincide with those of the Hungarian government, with a decline of 6-6.5 percent this year, followed by an increase of...
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Auchan’s employee received a Grand Prize for Hungarian Trade
Oroszi László, Auchan’s delivery employee, received the Grand Prix for Hungarian Trade. The National Association of Entrepreneurs and Employers (VOSZ) has announced the European Trade Day for sixteen years to...
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Free parking also helps with shopping in pandemic times
The first Black Friday bomb has already exploded. The coronavirus pandemic has fundamentally reshaped shopping habits. Free parking is good, while we are also afraid of the test booth. And...
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ITM: call for support for the replacement of single-use plastics is at social consultation
A social consultation was launched on the tender scheme, within the framework of which 7 billion HUF is available to enterprises for the production of finished products replacing disposable plastic...
Read moreThe mayor of Paris has ordered the closure of grocery and liquor stores at 10 p.m.
Paris Mayor Anne Hidalgo announced on Thursday that grocery and liquor stores, as well as delivery restaurants, should close at 10 p.m. in the French capital to curb the coronavirus...
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The Hungarian economy is slowing down
After the summer boom, the recovery of the Hungarian economy seems to have stalled in September. Although industrial production was still favorable, retail sales had already fallen. While exports increased...
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Rising levels of acute hunger with potential risk of famine in four hotspots
The world has been put on a heightened famine alert with a new report by two United Nations agencies that contains a stark warning; four countries contain areas that could...
Read moreRetail sales stagnated in September in the Czech Republic
In the Czech Republic, retail sales stagnated on an annual basis in September; and decreased by 0.4 percent compared to August, the Czech Statistical Office announced. In August, year-on-year, there...
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