Market News
Bronze, silver, gold weekends go into battle
Also against the epidemic in a month. The biggest opponent is Black Friday. In addition to the longer opening hours, there is less crowding, which is only good in epidemics....
Read moreKSH: The turnover of retail stores decreased on an annual basis
In September, retail trade turnover fell by 1.6 percent year-on-year and by 2.0 percent year-on-year, according to raw data. Compared to August, the seasonally and calendar-adjusted volume of retail store...
Read moreRetail chains are optimistic
Despite the coronavirus pandemic, department store chains expect increased year-end demand – Világgazdaság Online wrote. There is a chain of stores that expects 40 percent of their annual turnover from...
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MHH: four thousand fewer advertisements appeared on television in the first half of the year
Four thousand fewer advertisements appeared on commercial television in the first half of this year than at the same time last year, the communications directorate of the National Media and...
Read moreThere are no restrictions on agricultural work
From 4 November 2020, the Government introduced exit restrictions to prevent the spread of the coronavirus pandemic. According to the measure, everyone is obliged to be at their place of...
Read moreFAO: world food prices rose in October for the fifth month in a row
World food prices rose for the fifth consecutive month in October, rising to their highest level since January due to higher prices of grains, vegetable oils, sugar and dairy products,...
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Euro area retail sales declined in September
Retail sales in the euro area fell more than expected in September, according to a report by Eurostat, the European Union’s statistical office, published on Wednesday. In September, the volume...
Read moreInflation remained at 1.3 percent in OECD countries
In the member states of the Organization for Economic Co-operation and Development (OECD), the annual growth rate of consumer prices was 1.3 percent in September, the same as in August....
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EU forecast: Increased uncertainty over new pandemic hurts economic recovery
Presenting the forecast, Economic Policy Commissioner Paolo Gentiloni said that the economy of the European Union as a whole will shrink by 7.4 percent this year, reaching 4.1 percent increase...
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PLMA trade fair moves to the cloud
The Private Label Manufacturers Association (PLMA) has been organising the PLMA trade fair in Amsterdam for more than 35 years. Private label products sales are growing fast all over Europe...
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Magazine: Hygiene comes first
According to Beatrix Szécsényi, senior trade and customer marketing manager of Reckitt Benckiser Kft., disinfectant cleaning product value sales jumped 40 percent and volume sales were up 26 percent in...
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The Buy Domestic! Protect Domestic! movement continues with the autumn campaign
Incentive to buy Hungarian goods the “Buy Domestic! Protect Domestic!” will continue with an autumn television advertising campaign – Benedek Eszter, the managing director of the Magyar Termék Nonprofit Kft....
Read moreAM: Hungarian interests are asserted in the CAP negotiations
Hungarian interests will be asserted in the negotiations on the reform of the European Union’s Common Agricultural Policy (CAP), but the meeting of the agriculture and fisheries ministers of the...
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The autumn tax package might bring significant help if the buyer doesn’t pay
According to a bill, domestic companies could reclaim VAT already paid even if a private individual owes to them. Due to the perceived economic slowdown caused by the coronavirus, this...
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Mobile payment set new records in Hungary
Mobile payments in Hungary set new records. The number of mobile wallet transactions almost tripled between September 2019 and September 2020, according to Mastercard. According to a statement sent to...
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You can’t even go to the non-stop shop at night
Due to the restriction on leaving the residence between midnight and 5 am, shops open at night can no longer be visited. This forces them to pull down the shutter...
Read moreEmployment in the United States grew much less than expected in October
Employment growth in the United States rose much less than expected in October, when the economy was hit again by the intensification of the coronavirus pandemic – according to data...
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The eurozone is heading for a double-dip recession, according to PMI surveys
The economic performance of the euro area private sector stagnated in October as the services sector was hit again by austerity measures that prevented the spread of the coronavirus pandemic,...
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Hungarian startup saves the world from plastic
Hungarian young people have produced a bacterial cocktail, unique in the world, which can break down disposable plastic in 7 weeks. The significance of the discovery is well illustrated by...
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Radio and online displayvideo support enhances the impact of FMCG retail and multimedia TV advertising
This time, Atmedia, the multimedia trading house, analyzed the impact of different media types on individual and joint sales based on media usage in the FMCG Retail sector. The analysis...
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Shoppers are coming out of the store with smaller and smaller bags
And Christmas is coming. We also bought less in October than before. Recent months have dragged the shopkeeper’s balance sheet down: from August to October minus. The most unpleasant omen...
Read moreMLBKT: Purchasing Managers Index indicates minimal optimism again
The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in October rose by 50.1 points from 48.7 in September, with respondents reporting more favorable developments than in the previous...
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Tens of thousands temporary workers could be hired if needed
Due to the pandemic, tens of thousands of jobseekers have turned to temporary employment agencies almost overnight. And thanks to the relaunch of recent months, thousands have already been able...
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Four hundred million HUF developments were implemented at the Fisheries Research Institute in Szarvas
With the help of nearly four hundred million forints of EU support, 19 fishponds were established at the Fisheries Research Institute (HAKI) of the National Center for Agricultural Research and...
Read moreOrganic wheat can prove in special variety tests
On the Hungarian Science Day, the Research Institute of Organic Agriculture announced the launch of a new national grain variety test network. The Organic Agricultural Research Institute (ÖMKi) has launched...
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Consumer prices in the euro area fell 0.3 percent in October
In the euro area, the consumer price index fell by 0.3 percent year-on-year in October, in line with expectations, which was in line with the decline in September. The European...
Read moreGlobal smartphone sales declined
Smartphone sales declined significantly less than expected globally in the third quarter, partly due to the increased demand as the first wave of the coronavirus pandemic eased, according to a...
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Shop!X 2020 – building a sustainable future
Shop!X will go beyond environmental issues to find solutions for the critical issues that face every part of our industry on the virtual event 9-12. November 2020. Lectures, workshops, labs...
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