Market News

Euro area inflation accelerated in June

Eurozone inflation accelerated to 0.3 percent in June from a four-year low of 0.1 percent in May – Eurostat, the European Union’s statistics office announced. A year earlier, in June...

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A single bunch of grapes sold for 1.3 million yens

A bunch of red grapes sold at a record price of almost 4 million HUF in Japan at the first auction of the season – portfolio.hu wrote. A record price...

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At least 40 thousand less staff in the stores

According to statistics, the number of employees decreased by almost 19,000 in May compared to April. If we add that there was already a reduction of 22,000 in April, then...

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Pig imports have jumped

Hungary’s imports of live pigs increased by more than 35 percent to 25,000 tons between January and April 2020 compared to the same period of the previous year – agrarszektor.hu,...

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NAK: the European Fresh Adventures campaign reaches 1.5-2 million people annually

The campaign to promote the consumption of fresh fruit and vegetables in Europe can reach 1.5-2 million families a year, which can be supplemented with new partner organizations in the...

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Amazon’s Dash Cart is the new checkout-free solution

Amazon has unveiled the Dash Cart, a shopping cart built for small and medium-sized trips that automatically logs products placed inside and processes payment as shoppers leave the store. The...

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This is how the Secretary of State of the ITM sees the chances of the Hungarian economy during a pandemic

The state of the Hungarian economy is encouraging even in the midst of the global economic shock caused by the coronavirus epidemic. This year’s economic downturn may be smaller than...

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Department store chains against plastic

For many products lined up on store shelves, the war on plastics can make a difference. The packaging of toilet paper can be paper instead of plastic, the plastic lid...

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The lowest plum yield in the last twenty years is expected in Hungary

According to preliminary estimates, a plum harvest of only 23 to 32 thousand tons is expected in Hungary this year, which is well below the weakest harvest of the last...

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Medicinal alcohol can be made from 250 thousand hectoliters of wine

Due to the coronavirus pandemic, most of the stocks of domestic and EU winemakers are still resting in the cellars, although the harvest period is slowly beginning. Distillation plants can...

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New report identifies 27 countries heading for COVID-19-driven food crises

New analysis out today by the UN’s Food and Agriculture Organization (FAO) and World Food Programme (WFP) identifies 27 countries that are on the frontline of impending COVID-19-driven food crises,...

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Global action needed now to halt spread of deadly pig disease

Pork is the most consumed meat in the world, representing 35.6 percent of global meat consumption. In recent years, African swine Fever (ASF) – which may cause up to 100...

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Magazine: Green products target conscious shopper groups

In the drug and beauty product category, the values that small, alternative organic, eco and natural brands represent are now more and more adopted by the product lines and sub-brands...

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Retailers are opening clinics

As retailers seek to make greater inroads into healthcare, many of them have unveiled aggressive plans to launch dozens — if not hundreds — of their own primary care clinics...

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Magazine: Good period for chocolate and wafer bars

Before the coronavirus pandemic and the measures to stop its spreading hit the impulse categories hard, chocolate and wafer bar sales had grown considerably. Last year value sales augmented by...

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Rising food prices

According to statistics, average annual inflation was only 2.9% in June, but food prices continued to rise far above average, with some products rising by more than 10-20%. GKI analysts...

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Beer Association: Beer consumption fell significantly in the second quarter

The turnover of the five largest Hungarian brewers in the second quarter of this year decreased by ten percent to 1.8 million hectoliters compared to the same period in 2019...

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Nébih: it is no longer required to keep poultry captive

In a decision issued on 15 July, the national chief veterinarian revoked the order to keep poultry captive due to avian influenza, but captive feeding and watering will continue to...

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The producer market in Abaújszántó has opened

The producer market of Abaújszántó in Borsod-Abaúj-Zemplén County has been completed, and the facility built in the city center for two hundred million forints was handed over on Friday. At...

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NAK: the melon season has arrived!

In recent days, the melon harvest has started all over the country, and the domestic watermelon will be available in shops and markets even in September. The average melon consumption...

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Nébih found the designations of origin for pork in order

The designations of origin of pork were found to be in order by the National Food Chain Safety Office (Nébih), and only a few cases had to be fined by...

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In-store attractions online

Jungle Jim’s International Market, which has offered several in-store attractions including cooking courses for 25 years, they had to close these because of the pandemic. Although they are not offering e-commerce,...

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Eighty-seven percent of Hungarian SMEs present on Facebook remained active during the pandemic

26 percent of small and medium-sized enterprises (SMEs) present on Facebook suspended their activities due to the coronavirus pandemic between January and May, but in some countries more than 50...

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Instead of sprinting, employees need to prepare for a marathon

In the first weeks of the virus outbreak, reconciling work and family responsibilities put more pressure on workers than ever before. Maximum appropriateness, a virtual desire to prove, and a...

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One of the tenders for poultry and pigs is suspended

The Managing Authority suspends the possibility to submit aid applications for the call “Development of disease control systems in poultry and pig farms” (VP2-4.1.1.7-20) co-financed by the European Agricultural Fund...

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The expectations of large companies have fallen sharply

Large corporations were not yet as pessimistic about their next year as they were after the first wave of the coronavirus pandemic. The value of the K&H corporate growth index...

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Credit insurance: coronavirus is causing the most serious crisis in the world economy in the last 40 years

The global economy is down 5.1 percent this year, among other things, according to Atradius’s credit insurance analysis. According to the study, global trade is down 15 percent. The GDP...

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Nielsen: nearly two billion forints against women’s hair

With a 12 percent increase in value and a 4 percent increase in volume, the turnover of female depilatories had a turnover of 1,615 million in domestic retail trade between...

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Mischievous webshops are targeted by the consumer protection authority

There are final convictions 568 on the consumer protection list now. Webshops most often make mistakes in delivery, warranty and withdrawal. In the months of the pandemic, online shopping jumped...

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GKI: The workplace situation of employees in July 2020

GKI Zrt. conducted a representative population survey of 1,000 people in order to find out how employees work in the period following the coronavirus pandemic. While epidemiological restrictions were still...

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