Market News
Morgan Stanley expects a rapid economic recovery
the performance of the world economy has entered a new phase of growth and by the fourth quarter it will return to pre-coronavirus levels – according to Morgan Stanley. Economists...
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More than half a million forints for a Japanese melon
For the third of the previous record price, ie 220 thousand yen (626 thousand forints), a Densuke melon was sold at the season-opening melon auction in Japan. 71 melons were...
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The euro area’s foreign trade surplus fell to a fraction in April
In April, due to the demand-reducing effect of pandemiological restrictions, the euro area foreign trade surplus shrank more than expected to a fraction of a year earlier, according to a...
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More than 18 tons of infected meat were recalled in the US
Several U.S. newspapers reported that more than 18 tons of minced beef had to be recalled in New Jersey, as the U.S. Department of Agriculture’s Food Safety and Inspection Office...
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Plants with genetically encoded autoluminescence
Autoluminescent plants engineered to express a bacterial bioluminescence gene cluster in plastids have not been widely adopted because of low light output. We engineered tobacco plants with a fungal bioluminescence...
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Shrinking selling floors, growing backrooms, hybrid stores
Backrooms will grow to fill online orders and retail floors will become smaller and more focused on shopper experiences, according to one branding and design expert. Expanding e-commerce and turning...
Read moreNébih: the durability of food appreciated during the emergency
In the pandemiological emergency, the durability and packaged nature of food increased and the products needed for home baking and cooking came to the fore, -the National Food Chain Safety...
Read moreAgricultural purchase prices continued to rise
In April, the average purchase price of agricultural products was 12.8 percent higher than a year before. After a 10.3 percent rise in March, double-digit growth was measured again, according...
Read moreNAK less than expected cherries will grow this year than average
This year, due to the spring frosts, less than the average cherries will grow: about 45-50 thousand tons of cherries – the National Chamber of Agriculture (NAK) told MTI on...
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According to two-thirds of Hungarians, the economy will recover from the coronavirus in one year, while the pharmaceutical industry is the most crisis-resistant.
Hungarians are optimistic about the economic outlook: the vast majority say that the economy will reach its pre-coronavirus performance by this time, according to a national representative survey commissioned by...
Read moreAlready in March, the labor shortage from the shops also disappeared
The number of job vacancies plummeted in the first quarter, falling to the level of five years ago – blokk.com wrote. The coronavirus also swept away vacancies. + From the...
Read moreChamber of Agriculture: harvest may begin in two weeks
The summer harvest can begin with the harvest of winter barley in two weeks, if there is no significant cooling in the coming period, said the president of the field...
Read moreThe obligation to report the acquisition of foreign ownership prolongs investment transactions
A decree at the end of May makes the acquisition of foreign shareholdings in so-called strategic companies subject to a ministerial licensing obligation. The government’s goal is to ensure that...
Read moreConsumer sentiment in the United States improved in June
As in May, consumer sentiment in the United States improved in June as the outlook for their personal finances and the national economy was more favorable as life resumed in...
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These are the favourite stores of the Hungarian customers
Lidl and Spar are currently the favorites of Hungarian customers, they are followed by Tesco and Penny Market, while the other store chains are less popular – according to a...
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Seven changing consumer behaviors
An abrupt shift in consumer attitudes has resulted in significant behavioral changes that have ramifications across the commerce landscape. In this new reality, a consumer-first orientation to solution development is...
Read moreNébih: a pig farm in Cegléd violated all regulations
The National Food Chain Safety Office (Nébih) has ordered restrictions on the movement of 166 domestic pigs and 34 sheep at a livestock farm in Cegléd, ie no animals or...
Read moreITM: 45 percent of businesses do not know the exact terms of the warranty
Forty-five percent of businesses are unaware of the exact terms of the warranty and guarantee – the Deputy Secretary of State of the Department of Innovation and Technology (ITM) told...
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A jelly candy was recalled because of the danger of suffocation
Due to the risk of suffocation, Jelly mini Cups gels have been recalled by the National Food Chain Safety Office (Nébih) and are asking customers not to consume the product...
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Békés county will receive nearly 440 million HUF in development funding
Békés County receives nearly 440 million HUF in development funding from the Regional and Settlement Development Operational Program (Top) – the Békés County Local Government informed MTI in a statement....
Read moreThe G20’s economic performance declined in record terms in the first quarter
As a result of measures to curb the new coronavirus pandemic, the G20 of the world’s 19 largest economies and the European Union saw an unprecedented decline in gross domestic...
Read moreRestrictions on the entry of seasonal agricultural workers in Germany are being relaxed
Restrictions on entry for seasonal agricultural workers in Germany are being eased, with the government on Wednesday deciding that workers from European Union (EU) partner countries will be free to...
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The WHO fears a second wave of pandemic
According to a leading WHO scientist, there is every chance of a next wave of the coronavirus after more and more countries decide to reopen – portfolio.hu wrote after CNBC....
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Hospitality fell by a quarter in April
In the takeaway period of April, when it was no longer possible to sit in, the hosts failed three-quarters of the previous spending. The takeaway helped so much that at...
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Global food markets still brace for uncertainty in 2020/21 because of COVID-19 says FAO
Food markets will face many more months of uncertainty due to COVID-19, but the agri-food sector is likely to show more resilience to the pandemic crisis than other sectors, according...
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The FMCG retailer ranking for 2019 is out – Lidl takes the second place behind Tesco
Every year Trade magazin publishes the FMCG retailer ranking of the previous year in the first days of June. The biggest surprise in the 2019 ranking is that Lidl climbed...
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Return of instore promotions
Promotions are loved by shoppers. The events of recent months, the panic stocking up, out of stocks, the expansion of the sales area due to the social distancing, the time...
Read moreAt the peak of the exit restriction, the turnover of beer increased by one-fifth
In the “high season” of the curfew, ie in March-April 2020, the domestic retail turnover of beer exceeded 25 billion HUF, which represents an increase of 18 percent in value...
Read moreFruitVeB: this year’s cherry crop will be poor
Due to the spring frosts and drought, this year’s cherry harvest will be significantly lower, and the consumer price may be up to 20-30 percent higher than the average of...
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The rise in the price of food is pulling down the shopkeeper’s balance
According to checkout data, we left 6.3% less money in store cash registers in May than a year earlier. Thus, with a 10% decline in volume, April was the low...
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