Market News
PayPal takes it all – Revolut has become a topic of speech
Our relationship with payment has changed dramatically in recent weeks. If possible, we do not touch cash and avoid personal payment situations. And, of course, service providers have also stepped...
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The purchase price of lamb in Italy has fallen
Purchase price per kilo of easter lamb on Italian market reduced by more than half euro after the outbreak, with dealers citing supply, processing, marketing problems – the vice president...
Read moreMagosz: no obstacles to agricultural work
No obstacles occured to agricultural work due to the coronavirus pandemic situation – the president of the Association of Hungarian Farmers’ and Cooperatives (Magosz) on the told M1 news channel....
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People’s anger overtook pharmacies and merchants
Recently, there have been countless outrageous comments in social media stating that face masks are almost on the verge of being unaffordable. Inexplicable shoppers, public figures scoff at pharmacies and...
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Whether competitors can cooperate in an emergency
Given the state of emergency, it may be appropriate for competitors to work together to ensure scarce products and fair distribution, says a joint statement issued by the European Competition...
Read moreEU: the concept of vegetables has expanded
The definition of vegetables at EU level has been expanded and clarified. Here’s a list of what species of plants intended for agricultural or horticultural production are now called vegetables...
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The rate of increase in consumer prices in the euro area slowed down in March
The rate of increase in consumer prices in the euro area in March has slowed and moved further away from the inflation target, according to a flash estimate by the...
Read moreA lakossági fogyasztás zuhanására számítanak Ausztriában
Több mint nyolcmilliárd euróval csökkenhetnek az idén a lakossági fogyasztási kiadások Ausztriában a koronavírus-járvány miatt az osztrák Wifo gazdaságkutató intézet prognózisa szerint. Jürgen Bierbaumer-Polly, a Wifo közgazdászának a számításai szerint...
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Urgent resources were provided to help the needy in food shopping in Italy
Four-and-a-half billion euros urgent budget aid willhelp Italians in financial difficulties to buy groceries, medicines and vital supplies during the new coronavirus pandemic (Covid-19) – according to Prime Minister’s announcement-....
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Magazine: Looking for solutions
According to Gergely Lakatos, CEO of Panyolai Szilvórium Zrt., it is the pálinka category that must cope with the highest tax burden and the biggest illegal market. Companies are trying...
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POPAI-news: Condom turnover is rising
POPAI and Shop!* chapters keep in touch and the member organizations are constantly informing each other about the consequences of the virus situation, with particular regard to the development of...
Read moreNielsen: we spent 57 billion HUF in hypermarkets, supermarkets and drugstores Between March 9-14
By the time of COVID-19 coronavirus outbreak (week 10), 98 percent of Hungarians had heard of the epidemic, and six out of 10 were worried about it before the infection...
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There will be fresh Hungarian eggs on the shelves of the shops at Easter
The Hungarian Egg Hybrid Breeders ‘and Egg Producers’ Association (Egg Association) is preparing for Easter, so the Hungarians do not have to worry, there will be enough fresh eggs on...
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Minister of Agriculture: open the closed markets!
The mayor of the affected municipalities in Kaposvár called on the mayors of the affected municipalities to reopen the markets that were closed due to the coronavirus epidemic. During his...
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Magyar közösségi mobilfizetési alkalmazás segíthet a járvány megfékezésében
A digitális pénz új funkcióit kutató magyar fintech vállalkozás kifejlesztett egy mobilfizetési platformot, amelyhez hasonló megoldás Kínában is sikeresen támogatta a vírus terjedése elleni küzdelmet. A fejlesztés eredetileg nagyszámú és...
Read moreGfK’s German consumer sentiment index deteriorated significantly in April
GfK’s German consumer sentiment index deteriorated significantly in April, and since 2009, it is the lowest German consumer sentiment – according to a survey published on the Institute’s website on...
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In good hands
On 30 January the Hungarian Franchise Association organised its 14th Award Ceremony Gala. Our magazine asked president of the association Gyula Vidács and general secretary Dr Katalin Mandel about the...
Read moreBasket Value is through the roof since COVID-19
Since the COVID-19 outbreak, Hungarian Customers have started to rapidly change their everyday shopping habits; these reflect the changes happening worldwide. Prior to the pandemic outburst, 43.3% of all Hungarian...
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Magazine: PLMA news
Barriers still exist According to Christian Verschuerent, director general of EuroCommerce, the Brussels-based retail organisation makes great efforts to improve the image of retail trade. He thinks that the spreading...
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POPAI: China – 2 months ahead of us
POPAI and Shop!* chapters keep in touch and the member organizations are constantly informing each other about the consequences of the virus situation, with particular regard to the development of...
Read moreRetail chain sales increased by almost half in the second week of March
According to retail chains, consumers spent 56.9 billion in grocery stores and drug stores between March 9-15, 47 percent more than in the same period last year. According to the...
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Several chain of stores closed to be closed from Saturday
While shopping malls did not close their gates on Saturday – as there are stores where you can buy essential items – but far fewer stores are open than are...
Read moreOKSZ: Supply remains safe even during curfew
Prime Minister Orbán Viktor today announced that a curfew will be introduced from March 28, that which will expire on April 11. This restriction does not affect the security of...
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Auchan: please bring an ID over 65
Auchan be the Elderly Pass Card! From Saturday 9am to 12pm, only people over 65 can shop in stores. Auchan has compiled a guide on how to buy from now...
Read moreThe Savings Bank promises a quick loan disbursement to pre-finance agricultural subsidies
On average, Savings Bank (Takarékbank) will transfer its pre-financing loans for regular agricultural subsidies – the bank told MTI on Friday. Fast disbursement this year is particularly important, as more...
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Prohuman: What does curfew mean
The government is imposing a light curfew on the entire territory of Hungary between March 28 and April 12. Prohuman, Hungary’s leading HR services and hiring company, has collected key...
Read moreConsumer sentiment in the United States has fallen
With the rapid spread of the new coronary virus outbreak, consumer sentiment in the United States in March deteriorated significantly – according to a standard monthly survey by the University...
Read morePaying agricultural subsidies will help farmers
Hungarian farmers can expect 122 billion HUF to be paid out over the next three months in connection with their applications last year – Agriculture Minister Nagy István informed MTI....
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Plexiglas to be installed at checkouts in American stores
According to USA Today, grocery stores in the United States are open for reduced hours so that they have more time to disinfect. In addition, they began installing the Plexiglas...
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