Market News

A 28-year-old has sold his birthday whisky collection to buy a house

A 28-year-old has sold a collection of whisky given to him each year by his father as a birthday present, for 44,000 pounds (57,363 USD), in order to buy his...

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Csúcson a magyar e-kereskedelem, mégis az elhagyott kosarak országa vagyunk

The coronavirus has really exploded web commerce in Hungary as well, yet more than half (58%) of the nearly 3.5 million online shoppers are frustrated by shopping in the digital...

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Magazine: Whole bean coffee in the spotlight

Although coffee sales did slow down a bit in 2019 if compared with the years before that, the sales growth was still 5-6 percent. The premiumisation trend continued: capsule and...

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Hot food in the second Amazon Go grocery store

Amazon opened second Go Grocery store in Redmond. The online giant is also claiming a place in the physical space, as it has opened Amazon Go, Go Grocery and latest Fresh...

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The Hungarian meat industry is calling for solidarity against the expected dumping of pigs from Germany

The Association of Hungarian Meat Industry urges retail chains not to buy and sell pork at unrealistically low prices, even if German pork appears on the European market at dumped...

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Nielsen: This is an advertising space

The following analysis examines the changes associated with television advertising. The first 35 whole weeks of the period 2019 and 2020 were studied. This corresponds to the first eight months...

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Retail indebtedness is growing

Sales of loans fell, but repayments were also lower in the second quarter, with barely a third of personal loans being paid in than in the first quarter – napi.hu...

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People living from agriculture can tax more easily

By renewing the regulations on family farms and primary producers, the government would simplify the tax environment for farmers and increase the tax exemption thresholds, the agriculture minister said at...

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Seed Association: seed production did not stop during the pandemic

In recent months, Hungarian seed production has been operating smoothly due to pandemiological measures due to the coronavirus pandemic, the Seed Association’s Interprofessional Organization and Product Council told MTI on...

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Consumer prices fell in August on a monthly basis in Germany

In August, inflation in Germany was in line with expectations, meaning that consumer prices fell on a monthly basis and remained unchanged on an annual basis. According to data posted...

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Minister of Agriculture: commercial chains should continue to procure Hungarian pork!

The Minister of Agriculture calls on the commercial chains to maintain the procurement of Hungarian pork after the outbreak of swine fever in Germany, the Ministry of Agriculture (AM) told...

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207 pioneering innovations and businesses received 60 million euros from the EIT’s crisis management initiative

As part of the EU’s efforts to combat the Covid-19 pandemic, the European Institute of Innovation and Technology has announced the results of the EIT’s Crisis Response Initiative: 60 million...

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Nébih: Hungary regained its avian influenza classification

According to the regulations of the World Organization for Animal Health (OIE), Hungary regained its avian influenza-free status on September 8, after recognizing the favorable status for the whole country,...

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The Founder Institute opens an office in Budapest

The world’s largest accelerator for early-stage startups, the Founder Institute, will open its newest international representative office in Budapest. Founded in Silicon Valley, USA, the business development network already helps...

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African swine fever has appeared in Germany

African swine fever has reached Germany, the swine fatal virus (ASP) has been detected in a wild boar carcass, the federal government’s agriculture and food minister announced in Berlin on...

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What happens when kids are planning home issues

In its Taking care together is good! program, Zewa spent seven weeks examining how families with young children relate to housework and gender roles, and how children react when they...

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Vagheggi provides a secure hinterland for its partners

Beauty care is not a necessity. In the first half of 2020, several cosmetics were closed, and as a result of the pandemic and restrictions, trends in beauty and skin...

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Annual inflation in the Czech Republic declined in August

Annual inflation in the Czech Republic fell to 3.3 percent in August from 3.4 percent in July, the Czech statistical office said in Prague on Thursday. Compared to last year,...

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WEB: It sits nicely in place but may pop up

Here and there you can already feel the effects of the second wave of epidemics in store purchases, there are some of which are running out more than usual again....

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People living from agriculture can tax more easily

By renewing the regulations on family farms and primary producers, the government would simplify the tax environment for farmers and increase the tax exemption thresholds, the agriculture minister said at...

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With efficient tools for achieving sustainability

The pandemic came like an evolutionary shock to everyone, generating a crisis in demand and supply – and entailing an existential crisis as well. Hungarian FMCG companies reacted well to...

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Actors in the Hungarian meat industry are asking for partnership and solidarity from retail chains

It was announced today that an ASP-infected wild boar was found in Germany. The emergence of the virus in the largest pig-producing country in the European Union is expected to...

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Magazine: Pandemic puts pressure on sustainability efforts

Sustainability and environmental protection matter to more and more consumers, but how did the COVID-19 pandemic affect this trend? We compared the results of an online survey conducted in the...

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KSH: consumer prices increased by 3.9 percent in August

In August, consumer prices were on average 3.9 percent higher than a year earlier, the Central Statistical Office (KSH) reported on Wednesday. Overall, prices did not change compared to the...

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Analysts: the weakening of forint has appeared in the August inflation data

The rise in inflation and core inflation in August will see an increase in excise duties on tobacco and fuels, high food prices and a weaker forint – analysts who...

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Shopkeeper wagecomes: where the shop flourishes

The truth is also in wage, but the buyer dictates: in June, compared to April, the shoe store seller received 61 thousand, the bookstore seller 57 thousand, the clothing store...

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Nébih recalled the Ovomaltine chocolate product

The 100-gram Ovomaltine chocolate product sold in Müller stores was recalled because plastic pieces were found in it, the National Food Chain Safety Authority (Nébih) said on its website. The...

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According to a survey, the turnover of online stores in Hungary may increase by 14 percent this year

In Hungary, the turnover of online fashion stores may increase by 14 percent this year, compared to traditional stores, and last year’s turnover of 171 billion forints could reach 267...

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The unemployment rate in OECD countries fell in July

The average unemployment rate in the members of the Organization for Economic Co-operation and Development (OECD) fell to 7.7 percent in July from the 8 percent in June. According to...

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Euro area and EU gross domestic product declined on a historic scale in the second quarter

Gross domestic product fell less than in the first estimate, but still the largest ever recorded, in the second quarter in both the euro area and the EU, according to...

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