Market News
TikTok creator received a truck
26 million people watched Nathan Apodace’s clip of him skateboarding while lip-syncing to Fleetwood Mac’s “Dreams” and sipping from a bottle of Ocean Spray Cran-Raspberry. The video, which helped the...
Read moreKSH: consumer prices rose by 3.4 percent in September
In September, the annual growth rate of consumer prices slowed to 3.4 percent from 3.9 percent in the previous month, the Central Statistical Office (KSH) reported on Thursday. Analysts also...
Read moreKopint-Tárki: 5.8 percent decline in the Hungarian economy is expected this year
Due to the return of the pandemic, Kopint-Tárki expects a 5.8 percent decline in the Hungarian economy this year, compared to the 5.5 percent annual decline indicated in April and...
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Returpack, the collection system for aluminum beverage cans of three domestic breweries, is ten years old
It is now 10 years that the members of the Association of Hungarian Brewers have started the redemption of metal beverage cans using the unique Hungarian patent of Returpack Kft....
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A campaign to promote apple consumption has been launched
The Ministry of Agriculture (AM) and the Agricultural Marketing Center (AMC) have again launched a campaign to encourage the consumption of apples, raising awareness to trhe good quality, healthy Hungarian...
Read morePandemic rules are being tightened in the German capital
The rules for slowing down the coronavirus pandemic in Berlin will be tightened from the end of the week, because the spread of the virus has accelerated above the limit...
Read moreRetail sales grew by 1.6 percent in the Czech Republic in August
In the Czech Republic, retail sales grew 1.6 percent year-over-year in August after 1.8 percent in July. Monthly growth was 0.3 percent in August – the Czech Statistical Office announced...
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New Trends at this Year’s Salute to Excellence
Consumers’ demand is always changing and product innovation is key to stay on track. One place to find innovation at an international level is PLMA’s international „Salute to Excellence” Awards....
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Prices of several staples up to multi-month highs
The benchmark price index for food commodities rose in September, led by vegetable oils and cereals, according to a report from the Food and Agriculture Organization of the United Nations....
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Google Shoploop launched in North America
As Google’s manager Lax Poojary wrote on the company’s blog: Shoploop provides a more interactive experience than browsing on a traditional online shop page. Shoploop videos are shorter than 90...
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Magazine: Private label innovation trends
Koen de Jong, managing partner of International Private Label Consult (IPLC) analysed the impact of the COVID-19 pandemic on private labels in the European Supermarket Magazine (ESM). He revealed that...
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Good quality sunflowers with the right oil content were grown in Zala
Sunflowers with adequate oil content and quality were grown in Zala County, but the average yield was lower than expected due to the droughty weather – the county president of...
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Job Market 2020: artificial intelligence will help you select the best candidates
Due to the economic impact of the coronavirus pandemic, several industries have turned to the supply of the former demand job market – there are areas where three times as...
Read moreCut tobacco was seized by NAV in Szabolcs county
The National Tax and Customs Administration (NAV) seized about one and a half tons of leaf and 311 kilograms of cut tobacco in Szabolcs-Szatmár-Bereg county – the regional press officer...
Read moreLiquidity support for small businesses is the most effective anti-crisis tool, according to ifo
Liquidity support for small and medium-sized enterprises is the most effective means of repairing the economic damage caused by the pandemic, according to a survey by the ifo economic research...
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Markit survey: growth in euro area economic performance slowed
Growth in the eurozone’s economic performance slowed in September as re-imposed restrictions on the coronavirus pandemic pushed back the services sector, which plays a key role in the economy, according...
Read moreThe IWH research institute does not expect a wave of bankruptcies in Germany
Despite the coronavirus crisis, the number of corporate bankruptcies in Germany has stabilized at a low level, but the number of jobs lost has risen, according to a report by...
Read moreEuropean Court of Auditors: The Union must increase the rate of recycling of plastic packagings
The European Union needs to increase the rate of recycling of plastic packagings, as there is a serious risk that it will not meet its targets for 2025 and 2030,...
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Magazine: Scandals in marketing
On 4 June 2020 Trade Marketing Club held its summer-opening grill party online. Although there was no barbecue and cake eating this time, participants had the opportunity to discuss the...
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Industrial goods shopkeepers are in trouble
More and more industrial goods shopkeepers are complaining that despite their average of about zero profits, shopkeepers, he has been a toddler since the second half of March. And looking...
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Egg Association: egg production this year may be similar to last year’s
According to forecasts, 1.1-1.2 billion eggs can be expected from domestically registered production this year as well, the secretary of the Hungarian Association of Egg Hybrid Breeders and Egg Producers...
Read moreAnalysts: the lack of foreign tourists can also be reflected in the decline in retail sales
The high base data of the previous year and the lack of foreign tourists were mainly reflected in the moderate decline in retail data in August, but the massive wage...
Read moreMinister of Agriculture: despite this year’s weaker production there will be enough honey for domestic consumption
There will be enough honey in Hungary this year. The honey production of about 10 thousand tons and reserves will cover the internal consumption despite the weaker results – Minister...
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Nearly three-quarters of Hungarians have been shopping in their local community since the spring quarantine period
According to a new study by Mastercard, every fourth (74%) customer in Europe is more likely to buy in their local community than a year ago. This ratio is 72%...
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Chamber of Agriculture: the ice mitigation system prevented a lot of damage this year again
The national ice mitigation system prevented a lot of damage again this year: during the 169 days of this year’s defense period, which ended at the end of September, the...
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Sentix’s eurozone investor sentiment index deteriorated slightly in October
After five months of improvement, the Sentix Frankfurt Economic Research Institute’s eurozone investor sentiment index deteriorated slightly in October, signaling growing concerns about a jump in the number of people...
Read moreIn the first eight months, retail sales in Romania grew by 1.3 percent
In the first eight months of the year, the volume of Romanian retail sales increased by 1.3 percent, compared to the same period of last year – the Romanian National...
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Gen Z spending hits all-time low
According to the latest research by Piper Sandler, spending by U.S. Z-generation teens fell 9% from last year. They shop less, but they sell and buy more secondhand items. According...
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A new platform for business sustainability
Strategic consulting on the topic of business sustainability will be launched under the name Business Sustainability Program, which can give a new impetus and a competitive advantage to Hungarian companies....
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