Market News
Growing segments – transforming leisure industry
2020 is an unprecedented year in terms of leisure time activities too. The pandemic has greatly affected the outdoor activities of American consumers. Typically, June is a critical selling month...
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Corporate lending to companies remained around an eleven-year high
The growth rate of euro area corporate lending slowed, but remained close to an eleven-year high in July. According to a monthly report published by the European Central Bank (ECB)...
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Transitional support for food processors can be re-applied from 31 August
Between 31 August and 14 September 2020, the Ministry of Agriculture will reopen the transitional support program for the food processing and ornamental plant sector announced in the first phase...
Read moreConsumer protection can check everywhere
Consumer protection can check not only in stores, but everywhere from the warehouse to the manufacturer – origo quotes the statement from the Ministry of Innovation and Technology (ITM). The...
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Employment Service: The number of jobseekers fell 2.8 percent in July from the previous month
The number of jobseekers fell for the first time since the outbreak of the coronavirus pandemic in July, by 2.8 percent, and the National Employment Service (NFSZ) had 365,800 jobseekers...
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Mask wearing is mandatory in the food markets of Debrecen
Mask wearing is mandatory in the food markets of Debrecen from Thursday or to cover the mouth and nose completely with a scarf. The provision, made in the name of...
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More than 80 percent of dogs suffer from dental problems
While four out of five dogs over the age of three have tooth problems, 90% of breederstill believe that their dog is completely healthy. More than 250 Hungarian veterinarians are...
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Outdoor parcel delivery is safer than anything
By the end of the year, more than 40 new outdoor parcel machines will be put into operation across the country, so the population of the entire country will be...
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Nébih does not recommend the use of a Chinese silicone baking tin
Too much volatile organic matter has been detected by the Slovenian authorities in a silicone baking tin made in China, so the National Food Chain Safety Agency (Nébih) does not...
Read moreThe economic performance of OECD member countries plummeted in the second quarter
Due to the measures against the new coronavirus pandemic an unprecedented decline occured in the economic performance of the 37 member states of the Organization for Economic Co-operation and Development...
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Japan is slowly running out of credit card combinations
In Japan, since the start of the new type of coronavirus pandemic, credit card use has started to grow to such an extent that newly issued cards are slowly running...
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A pleasant scent instead of an embarrassing odour
Szandra Csendes, brand manager of Unilever Magyarország Kft. said: the deodorant market – in both the women’s and the men’s segment – is characterised by a slower sales growth than...
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High-quality dietary supplements for a healthy life
Since March vitamins, immune boosters and sleep aids have been the top dietary supplements. Quality is now more important for consumers than quantity. Assortment manager Ferenc Zabán told our magazine...
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Magazine: MagyarBrands is 10 years old: The programme that honours excellent Hungarian brands
Ten years ago the MagyarBrands programme set a noble goal: finding Hungarian brands that are worthy of rewarding; up until the present day 750 brands were honoured with the prize....
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We need to be prepared for persistently higher food prices
Hungary is a world champion with a VAT rate of 27%, and inflation is also the highest in the European Union. Some experts are calling for a reduction in VAT,...
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A large-scale campaign is launched for Hungarian bees and beekeepers
A strategic agreement has been signed by the Agricultural Marketing Center, the National Hungarian Beekeeping Association and Takarékbank. The aim of the comprehensive professional collaboration and social campaign is to...
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Online shopping is the new hobby of Hungarians, the customer experience and stable operation are the key to success in e-commerce
Experts have long been guessing what the new decade will bring in the area of dynamically evolving e-commerce, but this year’s events have surpassed all preconceived notions. While the pandemic...
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The typical blue grape varieties of the Villány wine region will soon be harvested
In the last days of August, some farmers can start harvesting the typical blue grape varieties of the area in the Villány wine region – the secretary of the mountain...
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Employment Service: The number of jobseekers fell 2.8 percent in July from the previous month
The number of jobseekers fell by 2.8 percent month-on-month for the first time since the outbreak of the coronavirus pandemic. In July, 365,800 jobseekers was registered at the National Employment...
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Three hundred students in need will receive a school package in Debrecen
Three hundred needy Debrecen students will receive a personalized school package from the local charity these days – the city’s deputy mayor said. Széles Diána (Fidesz-KDNP) reminded at the press...
Read moreArgentina would supply China with pork
Pork production in Argentina could gain momentum if a government-backed plan will be implemented, origo wrote. According to this, in the future, the South American country would export huge quantities...
Read moreU.S. farmers will receive another 1 billion USD aid from the government
U.S. farmers will receive another 1 billion USD aid from the federal government – U.S. President Donald Trump has announced. With the amount, the government indirectly, through the so-called Farmers...
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Finger licking is paused
The use of KFC’s „It’s Finger Lickin’ Good” slogen is paused in advertising around the globe. The Press Release was announced on the brand’s site on 24th Aug. on the...
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Rising uncertainties from COVID-19 cloud medium-term agricultural prospects
The fight against the global COVID-19 pandemic is causing unprecedented uncertainties in global food supply chains, with potential bottlenecks in labour markets, input industries, agriculture production, food processing, transport and...
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We have never needed energy this much before
According to András Palkó, marketing operations manager of Coca-Cola HBC Magyarország, energy drink sales continued growing in 2019: volume sales augmented by 2 percent and value sales jumped 8.9 percent....
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In the land of the grill
Last summer was hot, so the barbecue season was successful, but nothing is sure about this season. Ágnes Kalácska, marketing and sales manager of Bonafarm Zrt. told our magazine that...
Read moreGKI: economic expectations deteriorated in August
The dynamic rise in the GKI business cycle index came to a halt in August after the April low, with half of the April fall caused by the pandemic being...
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Nearly a quarter of young people make no distinction between dietary supplements and medications
72 percent of young people are aware that food supplements are a supplement to the traditional diet, but 23.6 percent mistakenly classify these products as medicines and try these drugs...
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Severe famine is expected in Africa
Climate change, locust infestation, civil wars, terrorism, and now the coronavirus. Sub-Saharan Africa is a continual crisis zone anyway, so despite the rapid response of governments and previous deceptive hopes...
Read moreOne hundred and ten economists were asked about America’s economic prospects
It will not be easy for the U.S. economy to regain and maintain momentum in the next period. Preserving jobs has paramount importance, for which further fiscal stimulus measures would...
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