Market News
Euler Hermes: what is happening in Hungarian retail?
While total retail sales declined 0.2 percent in 2020, food trade, which accounts for half of total sales, grew 3 percent year-over-year despite the pandemic. Significant lifestyle changes have also...
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Analysts expect further acceleration in inflation in the spring months
In terms of both magnitude and structure, February inflation was in line with expectations, according to analysts who expect a further rise due to the base effect of fuel prices...
Read moreMediterranean conditions await Hungarian wine producers
Fully Mediterranean conditions await Hungarian wine producers by the end of the 21st century, but the work of winemakers is also complicated by the increasing frequency of extreme weather events...
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Telenor researched the strength of women’s communities
Career, hobbies, internships or motherhood: what really connects women in 2021? Women’s groups and communities have always been of decisive importance, and nowadays they are increasingly transferred to the online...
Read moreResponsible companies attract investors
Sustainability considerations have become key for institutional investors, but fewer and fewer companies are able to meet their expectations, according to EY’s global research. According to an international survey of...
Read moreUnemployment has stagnated in OECD countries
Unchanged from December, the unemployment rate remained at 6.8 percent in January in the 37 member states of the Organization for Economic Co-operation and Development (OECD). According to data posted...
Read moreFidelity: Asia is already seeing the light at the end of the tunnel
Will the Biden presidency help the US to recover, how will the regulations affect Asian countries when Europe reopens? Fidelity’s management team examined the situation in the markets of major...
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PepsiCo is promoting its new relaxation beverage
PepsiCo is promoting its new relaxation beverage Driftwell through targeted digital ads that disrupt the viewer’s screen time at the end of the day. According to details shared with Marketing...
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Generation change at Tranzit Group – Pushing the wheelbarrow together
Tranzit Group employs 2,000 people and is the domestic and European duck and goose market leader. The company was founded 30 years ago by Miklós Szabó, whose children Ákos Szabó...
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Magazine: Cautiousness and innovation
The future is uncertain Most consumers think the pandemic has changed their shopping habits for good. Shopkick asked 14,000 US consumers what 2021 will be like in terms of shopping...
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A good basis for this year’s growth in retail turnover is the increase in household savings, according to an analysis
As retail savings grew in 2020, it could be a good basis for retail growth in 2021, Euler Hermes, a credit insurer, told MTI in its latest forecast on Tuesday....
Read moreKSH: consumer prices rose by 3.1 percent in February
In February, consumer prices were 3.1 percent higher than a year earlier and up 0.7 percent from the previous month – the Central Statistical Office (KSH) reported on Tuesday. Annual...
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Food systems account for more than one third of global greenhouse gas emissions
The world’s food systems are responsible for more than one-third of global anthropogenic greenhouse gas emissions, according to a pioneering new study published in Nature Food. Spanning from land-use change...
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If the pick-up point of the web store can be open, the product can be picked up by the customer, otherwise not
The OKSZ requested a resolution from the National Public Health Center on the issue of the 104/2021 on the temporary tightening of protection measures. (III. 5.) pursuant to Section 4...
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Companies plan to increase their headcount by 3 percent in the second quarter in Hungary, according to a survey
In Hungary, companies plan to expand their workforce by an average of 3 percent between April and June, according to ManpowerGroup’s Labor Market Forecast, which was sent to MTI on...
Read moreAnxiety caused by the coronavirus has also left its mark on workplace mood!
The coronavirus pandemic has brought significant changes not only in the way we work, but also in the expectations that workers expect from their own managers. Many are frustrated with...
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Japanese companies continue to play an important role in the growth of the Hungarian economy
Japanese companies continue to play an important role in the further growth of the Hungarian economy, and when they think about expanding into the European market, they are among the...
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Most Hungarian lambs are transported into Italy
Hungary sells 90 percent of the lambs produced on foreign markets. The majority of exports goes to Italy intended for Easter holiday consumption. Due to this year’s high feed prices,...
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Nagy István: Florists may be open in the markets
Although the flower shops had to close due to the tightening of protection measures, the flower stands on the market could still be open – Minister of Agriculture Nagy István...
Read moreKSH: transport performance decreased by 5.8 percent in the fourth quarter of last year
In the fourth quarter of last year, mainly due to the decline in road transport, the performance of freight transport decreased by 5.8 percent compared to a year earlier. Rail...
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Ghost Kitchens Partners With Walmart Canada
Ghost Kitchen Brands (GKB) is excited to announce it is teaming up with Walmart Canada, its first partnership with a big-box retailer to bring one-stop meal pickup and delivery to...
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Investor confidence in the euro area has improved to a more than one-year high
The Sentix Economic Research Institute’s eurozone investor confidence index rose better than expected in March, reaching its highest level since February last year. Sentix’s investor confidence index rose to plus...
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Continuous and secure domestic food supply
Even during the third wave of the coronavirus pandemic, the domestic food supply is continuous and secured – Nagy István Minister of Agriculture said. The Minister emphasized that the new...
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The increase in the price of meat and dairy products is inevitable
Livestock farmers everywhere are facing serious difficulties due to the 30-50 percent rise in the price of feed worldwide. This price increase will also be seen in domestic livestock farmers,...
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60 thousand stores areopen, 80 thousand closed
Would you cheat? It won’t work, the rule is accurate. Why 140 thousand? Because retail trade statistics do not include all retail outlets, such as tobacconists, lotteries, markets, and some...
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The counter belongs to girls and ladies
The number of employees in trade (wholesale, vehicle trade, retail together) is 598 thousand, of which 321 thousand are women, which is 54 percent – blokkk.com wrote. Within this, there...
Read moreAlmost 45 percent of Hungarian SMEs took part in online training – this is how they are trying to survive the viral crisis!
A quarter of the managers of Hungarian small and medium-sized enterprises regularly, almost 45 percent of them, have attended knowledge-sharing online seminars as spectators at least once in order to...
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EXIM will launch a fixed interest investment loan for the exporting SME sector
In order to facilitate the restart of the economy and to provide long-term financing for the micro, small and medium-sized enterprise segment, which accounts for 99 percent of the Hungarian...
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AM aims to make the most of natural resources
The aim of the Ministry of Agriculture (MoD) is to make the most of the opportunities provided by natural resources in Hungary and to use renewable energy sources in a...
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