Market News
The shopkeeper market has grown in
The first half of the year and June are also closed slightly but above zero. The sales of clothing stores decreased the most. Although the sales of web stores jumped,...
Read moreITM: retail sales could be positive again this year
Retail sales could be positive again this year, after a short period of recovery, thanks to government action, Secretary of State of the Ministry of Innovation and Technology’s (ITM) said...
Read moreThe future belongs to responsible consumption according to Cetelem’s research
More subdued, health- and environment-conscious demand could replace the mass consumption typical of the last thirty years, according to the international Cetelem Panorama 2020 survey. Every year, Cetelem Bank’s representative...
Read more
New energy labels are coming for household appliances
When planning to buy a home appliance, don’t be surprised to see new types of labels and even significantly lower category classifications than before. This is because they are replacing...
Read more
Insect protein is becoming increasingly popular in animal feed
In the feeding of farm animals, there is an increasing need to replace soybean meal and fishmeal with other proteins – origo wrote. With regard to substitution, regulations on bovine...
Read more
Markit Survey: The euro area’s economic performance rose moderately in July
The euro area private sector performance has risen for the first time since the outbreak of the coronavirus pandemic in February, although the upturn in the service sector, which plays...
Read moreThat’s how Americans buy
U.S. households have spent nearly 10% less in the past month than a year earlier, JP Morgan’s card data shows. It was also revealed which type of consumption fell and...
Read more
Excellent Product and Green Product markings from Hungarian Product
At a business breakfast, Hungarian Product has unveiled its new trademark that certifies product excellence and eco-friendliness. Eszter Benedek, managing director of Hungarian Product Nonprofit Kft. told in her presentation...
Read more
Eggs are getting more expensive
The price of packing eggs in Hungary increased by more than 12 percent to 27.1 HUF per piece in the first twenty-eight weeks of 2020, compared to the average price...
Read moreMondelez Hungary participates in the sustainable wheat production program
Hungary participates in the Mondelez International sustainable wheat production program. The Harmony wheat grown in this way was harvested in Hungary for the first time at the end of July....
Read more
The Media Union Foundation’s social campaign to reduce food waste is launched
In Hungary, 68 kg of food per person goes to the bins every year, and more than half of the food waste comes from households. In order to reduce these...
Read moreThe harvest was completed in Békés county
Autumn barley harvest became better than expected in Békés County, despite the very unfavorable spring weather, but the autumn rapeseed produced the weakest harvest in recent years, the secretary of...
Read more
The little joys of our lives, or what makes Hungarians happy
A relatively new trend in psychology is positive psychology, which, true to its name, explores the paths and methods that lead to happiness and fulfillment. Generally speaking, both happiness and...
Read more
AM Secretary of State: they would like to increase the desire to keep sheep and goats with support
The Lamb Days promoting lamb will take place on August 7-8, the Gastronomic Cultural Union Cluster will be formed with agricultural and tourism participants, and sheep farmers will be able...
Read more
Gamified promotion to boost foot traffic
PetSmart the pet supplies, accessories and products retailer is campaigning on Snapchat using a quiz promoting reptiles and using an augmented reality (AR) lens. One of the principal features...
Read more
The number of employees in larger stores fell by 22,000
And there were 17,000 fewer shop assistants in stores in May – blokkk.com wrote. May was the lowest point in the number of people in the stores. The number of...
Read moreHEPA: export promotion program will be launched to support SMEs entering foreign markets
An export incentive program will be launched to support the entry of small and medium-sized enterprises (SMEs) into foreign markets, after HEPA (Hungarian Export Promotion Agency) Hungarian Export Development Agency...
Read more
Hedonist survivors or family homeowners
A special age group belongs to today’s 30s: they are the generation of the digital transition. The last to have a childhood in the analog, offline world, but their memories...
Read moreMLBKT: The Purchasing Managers’ Index rose in July
The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in July was 50.8, which shows that respondents reported more favorable developments compared to the previous month, after a four-month...
Read more
Euro area inflation rose in July
Euro area inflation rose more than expected in July, according to preliminary data from Eurostat, the European Union’s statistical office. In July, when disease control measures in Europe were largely...
Read moreGDP: fell significantly in the EU and the euro area in the second quarter
In the euro area, gross domestic product (GDP) fell by 12.1 percent and in the EU as a whole by 11.9 percent in the second quarter, compared to the previous...
Read more
Design revamp of the iconic American QSR
Vivid lights, digital displays, mobile ordering, quick, contactless ordering and payment – redesigned visuals and experience at Sonic drive-in. The classic roller skates waiters stay on place. On the Insights...
Read more
Mineral waters going greener
According to András Palkó, marketing operations manager of Coca-Cola HBC Magyarország, mineral water volume sales were up 4.6 percent in 2019 and value sales augmented by 7.2 percent in the...
Read more
After the crisis – a moment of opportunity
Now that most of us have probably left the instant crisis management phase behind and are heading in the direction of settling into the ‘new normal’, we can start realising...
Read more
Where to go next PLMA? – exclusive interview with the new president of PLMA
Peggy Davies, the new president of PLMA, answers questions of the Trade magazin in an exclusive interview. The Private Label Manufacturers Association announced in early June that Peggy Davies would...
Read morePalkovics: almost half of the resources of the Economic Protection Action Plan has already reached destination
In response to the economic crisis caused by the coronavirus, the government announced an economic protection action plan in the spring of 2020 – portfolio.hu wrote. The package has undergone...
Read more
NAK: Hungarians throw away 68 kilograms of food a year
Every year, people throw away an average of 68 kilograms of food per person in Hungary; the EU average is much higher than that – Keleti Marcell, director of food...
Read more
KSH: average gross earnings were 390 thousand HUF in the first five months
In May, the average gross earnings were 398,800 HUF, 9.4 percent higher than a year before. In the first five months of the year, gross average earnings were 390,000 HUF...
Read more
Local production and seasonal meals can be a solution
Climate change is a major challenge in agriculture, with freight transport playing a role. In this way, we can do a lot to protect our environment by reducing food transport...
Read more
People go crazy for Hungarian melons In Europe
Domestic watermelon picking is already underway, and the season is expected to be longer this year. In order to protect the market position of Hungarian melon growers, the sectoral interest...
Read more
