Market News
Analysts: increase in retail sales may continue
Date: 2020-09-03 11:35:13
Moderate growth in retail sales may continue in the coming months, although the July data released on Thursday has been somewhat disappointing – analysts told MTI, who hope that economic...
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Global food prices rise in August
Date: 2020-09-03 11:34:53
Global food prices rose for the third consecutive month in August, influenced by generally firmer demand and a weaker U.S. dollar, according to a report released today by the Food...
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Design, competitions, generations
Date: 2020-09-03 11:34:29
POPAI Hungary held its annual general meeting, open session and The Hungarian handover of the Shop!Global Awards online. The professional part resonated with real “back to the new normal” content...
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The Corporate White Paper helps companies fight the pandemic
Date: 2020-09-03 11:28:19
The Ministry of Innovation and Technology is helping Hungarian businesses to prevent the spread of the coronavirus pandemic and reduce risks with a new publication available online. The Corporate White...
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Secretary of State AM has submitted 2.2 billion applications for support to winemakers
Date: 2020-09-03 11:20:21
As a result of the declining tourism and hospitality due to the coronavirus pandemic, winemakers submitted grant application in a value of 2.2 billion HUF to the Ministry of Agriculture,...
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Oeconomus Gazdaságkutató: average wages in Hungary were in the midfield of the region in 2018 and 2019
Date: 2020-09-03 11:20:20
Hungarian average wages were in the midfield of the region in 2018 and 2019, according to Eurostat, the EU’s statistical office. In the last two years average wages in Hungary...
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Nébih warns of mysterious seeds
Date: 2020-09-03 11:19:23
The National Food Chain Safety Office (Nébih) has issued a warning: packages may also be sent to Hungary containing unknown seeds received as mysterious, unsolicited consignments – origo wrote. The...
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AM: Compensation contribution must be paid by September 15
Date: 2020-09-03 11:19:07
Members of the agricultural damage compensation scheme must pay the compensation contribution by 15 September 2020 – the Ministry of Agriculture (AM) told MTI on Thursday. If the compensation contribution...
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In July, Romanian retail sales grew by 10.3 percent month-on-month
Date: 2020-09-03 11:10:22
In July, retail sales in Romania grew by 10.3 percent, according to raw data, compared to the previous month. The seasonally and calendar-adjusted value was 3.9 percent – the Romanian...
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Deflation Instead of inflation in the euro area
Date: 2020-09-03 11:05:51
Instead of the modest inflation expected by analysts, there was deflation in the eurozone in August. The European Union’s statistical office, Eurostat, on Tuesday said as preliminary data that consumer...
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400 billion were curbed by housewives
Date: 2020-09-02 11:50:50
Family spending fell 9% in the second quarter – blokkk.com wrote. Housewives spend 400 billion less compared to the first quarter, while compared to the previous year, 300 billion HUF...
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Domestic e-commerce saw record growth, according to a survey
Date: 2020-09-02 11:30:04
Due to the coronavirus, domestic e-commerce achieved a record annual growth of 34.8 percent and a gross turnover of 355 billion HUF in the first 6 months, according to research...
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Ipsos- Hungarians do not worry about the second wave of the virus
Date: 2020-09-02 11:27:52
For five consecutive months, i.e. since its appearance in Europe, the number one fear of the world’s citizens is the coronavirus pandemic. FIGURE: What is causing you concern? – Coronavirus...
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The December PLMA show is cancelled
Date: 2020-09-02 11:26:47
2020 “World of Private Label” International Trade Show cancelled due to Covid-19 concerns, says PLMA. New virtual show will be announced soon. AMSTERDAM – 1 September 2020 – Following recent...
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Minister of Agriculture: farmers need protection in the crisis in the agricultural market situation caused by the coronavirus
Date: 2020-09-02 11:25:10
The coronavirus pandemic has clearly shown that the issue of food security has become more important in the eyes of European citizens. But we can count on Hungarian farmers even...
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67% of small businesses worldwide and 78% of consumers have changed their habits due to COVID-19
Date: 2020-09-02 11:20:46
While small and micro businesses around the world continue to feel the financial impact of COVID-19, one thing has become clear: rethinking the point-of-sale payment experience is essential to survival....
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The Chinese are already spending on luxury goods, on beer or sports equipment not yet
Date: 2020-09-02 11:08:05
Chinese consumers mostly buy luxury handbags, cosmetics and health-preserving products as life in the country is returning to normal as the epidemic subsides – origo wrote after Bloomberg. However, they...
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Monthly retail sales decreased in July in Germany
Date: 2020-09-02 11:05:18
Contrary to expectations, retail sales in Germany did not increase but decreased in July compared to the previous month, cooling hopes that household consumption could lead to a strong economic...
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Producer prices in the euro area rose in July
Date: 2020-09-02 11:02:06
In July, industrial producer prices in the euro area rose more than expected from the previous month, according to a report by Eurostat, the European Union’s statistical office. In July,...
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Wholesalers: A guide to surviving the recession
Date: 2020-09-02 10:38:21
In wholesale the key to success is harmony. Distributors working in this industry must cooperate closely with front-office systems. This type of cooperation makes a thorough analysis of consumer data...
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(HU) Megvannak az első Fenntarthatóság Szimbóluma verseny nyertesei
Date: 2020-09-01 18:13:02
Sorry, this entry is only available in HU....
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AM: 160 thousand tons of watermelons were produced this year
Date: 2020-09-01 11:40:19
This year, 160 thousand tons of watermelons were produced, “only” ten thousand tons less than last year, while the production area decreased by twenty percent – the Deputy State Secretary...
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KSH: GDP fell by 13.6 percent in the second quarter
Date: 2020-09-01 11:35:48
Gross domestic product (GDP) fell 13.6 percent year-over-year in the second quarter. According to the seasonally and calendar-adjusted data, the performance of the economy decreased by 13.5 percent compared to...
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Analysts: economic growth indicators may significantly improve in the third quarter
Date: 2020-09-01 11:30:57
Seeing the breakdown of gross domestic product (GDP) in the second quarter released on Tuesday, analysts told MTI that they look to the next quarter with cautious optimism. They expect...
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Employees have become more prone to corruption since the health emergency
Date: 2020-09-01 11:22:29
The economic slowdown caused by the global crisis poses a risk to the ethical operation of companies worldwide, according to an international survey by EY based on a survey of...
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MLBKT: expansion continues at a slightly stronger pace
Date: 2020-09-01 11:20:16
For the time being, the slightly stronger pace of expansion continues, with the seasonally adjusted value of the Purchasing Managers’ Index (PMI) at 52.8 in August after the 51.1 in...
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Domestic parcel traffic in the post office jumped by almost 20 percent
Date: 2020-09-01 11:19:11
In the first seven months of the year, the number of domestic packages managed by Magyar Posta was 18 percent higher than in the period January – July 2019, the...
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KSH: foreign trade surplus reached 655 million euros in June
Date: 2020-09-01 11:18:50
Exports value in euros, fell by 3.2 pe cent and imports by 5.1 percent year-on-year in June, with the export surplus increased by 145 million euros to 655 million euros,...
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Coors turns digital conference background into a reality
Date: 2020-09-01 10:19:32
Coors Light Wants To Send You to the Video Chat Background You’ve Been Staring At For Months. Molson Coors Beverage Company (mother company of Borsodi) published a press release of...
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Old world and new world – in the light of promotions
Date: 2020-09-01 09:54:19
Gábor Tolnai, head of the marketing insight division at Kantar Hoffmann gave a presentation at the ‘Most successful promotion of the year’ trade day. He started out by analysing the...
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