Market News
European overview – Nielsen 2020
In 2020 European FMCG market grew 8,3% so far. Brands outgrew private labels both in the traditional and online channels, by Nielsen presentation at PLMA online show. The Nielsen presentation...
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KSH: last year, the amount of R&D expenditures exceeded HUF 700 billion
In Hungary, the amount of research and development (R&D) expenditures at current prices reached 702 billion HUF in 2019, which is more than twice as much as in 2010 –...
Read moreAmazon, Facebook, Google, Apple, Booking domestic companies can sue foreign “giants” at home
The Court of Justice of the European Union has also ruled in favor of domestic companies: in order to compensate for damages resulting from an infringement of competition, the largest...
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Postal parcel traffic jumped significantly already in November
Domestic postal parcel traffic in November was almost 30 percent higher than a year earlier, so Magyar Posta is preparing for a much larger Christmas season than last year, and...
Read moreNAV seized half a billion forints worth cigarettes
At ten locations, 373,000 boxes of untaxed cigarettes worth more than half a billion forints were recently seized from a Ukrainian-Hungarian criminal group by the National Tax and Customs Administration...
Read moreRetail sales in Germany increased in October
In Germany, retail sales grew at a much higher rate than analysts expected in October, both monthly and annually. The German Federal Statistical Office (Destatis) said on Wednesday that retail...
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Producer prices in the euro area rose in October
In October, 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, on Wednesday....
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The law has been passed: double quality will be punishable
Dual quality will be sanctioned as unfair commercial practices from May 2022, after Parliament passed an amendment to the Consumer Protection Act without a vote on Tuesday, the Ministry of...
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The winter seasonal check has started
Norbert Erdős, State Secretary for Food Chain Supervision of the Ministry of Agriculture, ordered a winter seasonal food chain inspection from 1 December. The aim of the campaign is for...
Read moreKSH: Economy fell 4.6 percent on an annual basis in the third quarter
The volume of gross domestic product decreased by 4.6 percent in the third quarter, compared to the same period of last year. According to seasonally and calendar-adjusted data, the performance...
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CBA, Coop, Real which is the most popular
CBA the competition of Hungarian-owned store chains operating franchise networks of more than a thousands stores – according to a recent poll. After the competition of discount stores, in which...
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Research: In almost half of Hungarian stores people do not keep their distance
In Hungarian stores, masks are worn more than the European average, but in almost half of the shops, buyers and sellers do not adhere to the mandatory distance, according to...
Read moreMLBKT: PMI rose 51.9 points in November
The seasonally adjusted value of the Purchasing Managers’ Index (PMI) rose to 51.9 points in November from 50.2 points of the previous month, ie respondents reported more favorable developments in...
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The store goes with fewer sellers
In September, the stores went with 6,000 fewer sellers blokkk.com, wrote. Due to their loss of market share, the manufactured goods stores could no longer take everyone back, they had...
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This year, the turnover of pine may increase to 15 billion HUF
Christmas pine trees are already arriving at the points of sale, the turnover of which may increase to 15 billion HUF this year from about 12 billion HUF of last...
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The Chamber of Agriculture’s campaign to encourage fruit and vegetable consumption will continue next year
For another three years, the National Chamber of Agriculture (NAK) ‘s European fresh adventure education campaign to encourage fruit and vegetable consumption will continue next year with a new image...
Read moreAM: This year’s corn yield is a historical record
Maize yields in 2020 are a historic record, an increase of more than 14 percent from the average of the past five years – Feldman Zsolt, secretary of state for...
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Consumer prices in the euro area also fell in November
Consumer prices declined more than expected year-on-year in the euro area in November, mainly due to falling energy prices. According to preliminary data released by the European Union’s statistical office...
Read moreifo: 15 percent of German companies fear closure
Fifteen percent of German companies feel existentially at risk from the coronavirus crisis, according to a survey by the ifo economic research institute at the University of Munich. In a...
Read moreThe national chief physician asks the population to carry out conscious purchase
The national chief physician is asking the public to make a conscious purchase during the Advent period due to the coronavirus pandemic. Müller Cecília told the public media on Sunday...
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PLMA Trade Show kicks off
PLMA is presenting over the course of four days, from 1 to 4 December, a series of dedicated, category-specific trade shows, wherein private label buyers and suppliers meet. More than...
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250 tons of durable food will reach the needy before Christmas as part of the Food Bank’s fundraising campaign
During the weekend campaign in more than 250 locations across 160 settlements across the country, the Hungarian Food Bank Association collected a total of about 250 tons of durable food...
Read moreA new digital online professional association will be launched in 2021
Led by Nagy Sándor, several high-turnover companies interested in online commerce set the goal of creating a new digital / online professional association. The aim of the founders is to...
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GKI: Difficulties in measuring unemployment
If we want to find out about the Hungarian unemployment situation, we can do it from several sources, but they are confusingly different. According to the KSH’s monthly labor force...
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New companies were granted trademark usage during the pandemic
Until the end of August 2020 14 new companies started using the Hungarian Product trademark, and another 7 are seriously interested in joining the programme – informed Eszter Benedek, managing...
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Agrosprint’s motto: Healthy, natural and convenient
Agrosprint produces frozen food products in Karcag and Nyírlugos, 80 percent of which are exported to 45 countries. Innovation work is very important in the company’s strategy, with one of...
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Turkey Association: a 10-15 percent drop in industry sales this year
Sales in the turkey sector will fall by 10-15 percent this year due to, among other things, lower producer prices,. The average annual production value of the sector is 36-40...
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