Market News
Online retail sales exceeded 200 billion forints in the first six months
Like-for-like online retail sales jumped 16.4 percent in the first half of 2019 and represented a value of HUF 207.5 billion. Interestingly, despite this record sum the sector is expanding slower...
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European cooperation for cashless payment
Mastercard and mobile Point of Sale (mPOS) solutions company SumUp intend to increase the number of points where bank card payment is possible in Europe in the next 5 years. Ferenc...
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It takes two at the end of the year
In the December period logistics partners can provide quality service if the retailers give them good estimations for the expected number of parcels, and if they prepare the parcels for...
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Growing popularity of private label products all over Europe
According to recently published data from the Private Label Manufacturers Association (PLMA), the market share of private label (PL) products is 30 percent on average in the 19 European countries...
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Special new chewing gums from Chocco Garden
Chocco Garden Kft. launches a functional chewing gum product line. Central Europe’s only chewing gum producer will put 4 types of Prevent functional chewing gums on the market at the end...
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Már elnyerhető a Kiváló Termék és az ÖKOlogikus jelölés
A termékek kiválóságát és a környezetbarátságát tanúsító új védjegyeket hozott létre a hazai eredetet igazoló legismertebb védjegyrendszert működtető Magyar Termék Nonprofit Kft. Benedek Eszter ügyvezető a szeptember végi sajtótájékoztatón...
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New products in the Tesco Organic line
In September Tesco added 6 new organic products to its private label selection, which now also features, chia seeds, quinoa, goji berries, linseeds, coconut flour and coconut flower sugar. Customers...
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Fido Dido is back
Fido Dido, the iconic cartoon character of the 1990s has returned. 7UP was 90 years old in July and celebrated the occasion by bringing back the popular Fido Dido. He is...
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Bulldog Gin pushes forward in Hungary too
One of the world’s most popular and famous premium gins is now also available in Hungarian bars and shops: Coca-Cola HBC Magyarország launched Bulldog Gin at the end of August....
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790,000 cans of food for people in need
Bonduelle Central Europe Kft. and the Hungarian Food Bank Association donated 790,000 canned food products in the value of HUF 246 million to people in need. The 221 tons of food...
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A gluten-free life for 80 billion forints a year
Gluten-free groceries had a 4-percent share in total grocery sales between July 2018 and June 2019. Gluten-free foods were sold in the value of almost HUF 80 billion. Dóra Hajnal,...
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Europe is slowing down, but we aren’t
Like-for-like retail sales augmented by 3.4 percent in Europe in the 2nd quarter of 2019. The sales growth in this period was 7.7 percent in Hungary – this was the...
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The Ministry of Agriculture helps the competitiveness of Hungarian livestock farmers with subsidies
The Ministry of Agriculture (AM) also provides subsidies to Hungarian livestock farmers to help the sector cope with strong international competition – the Ministry announced on Friday. According to the...
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MNB: card payments ratio continued to expand in the second quarter
The infrastructure of card payments and the rate of card payments also expanded in the second quarter of this year -the National Bank of Hungary (MNB) announced on its website...
Read moreMadosz: the quality of tobacco is better than last year
The quality of the tobacco produced this season is expected to be better than last year, and the quantity will be good as well – the president of the National...
Read moreAfrican Swine Fever: pig breeders can get free disinfectants
Pig farmers can get free disinfectants from their veterinarian – the National Food Chain Safety Agency (Nebih) has published on its website. In a statement, the agency stressed that it...
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The University of Pécs terminates the purchase of PET bottled beverages
The University of Pécs (PTE) terminates its supply of plastic, PET-bottled water and beverages – the institute announced on Monday. It is reported that the leadership of PTE – as...
Read moreNAV draws attention to the marketing conditions of new types of tobacco products
“Smoke-free” alternatives to smoking, such as refillable electronic cigarettes or heating devices containing real tobacco but at a much lower temperature than conventional cigarettes, are also spreading in Hungary –...
Read moreRetail sales in the United States grew faster than expected
Retail and hospitality sales in the United States expanded at a higher rate than expected for the sixth consecutive month, indicating that the steadily rising consumer spending is likely to...
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The earliest direct evidence of human milk consumption has been discovered in Britain
The earliest direct evidence of human milk consumption to date has been identified in Britain – BBC’s news portal wrote. The authors of the study, published in the journal Archaeological...
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European retail in 2019
A study made by GfK has revealed that purchasing power grew considerably in the European Union in 2018. The engines of this growth were Latvia (+10.3 percent) and the Czech...
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An economic slowdown has started
In the 2nd quarter the Hungarian economy was growing by 4.9 percent; this rate was faster than expected and the fastest in the European Union. However, an economic slowdown has...
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Expensive tomato
As of 1 January 2019 the VAT on UHT and ESL milk reduced from 18 to 5 percent. Data from the first 32 weeks of the year indicate that the...
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Online is stronger if combined with offline
According to data published by EuroShop, it has a positive influence on the sales performance of online shops if they open an offline store. There is a so-called ‘halo effect’,...
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Minimalizing food waste by LG
By storing your food well, you can make it last longer as well as maintaining the best taste and temperature. Find out how. Whether you’re a carnivore, pescatarian, vegetarian or...
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Too much wine is a problem too!
According to data from the National Council of Wine Communities, 392,000 tons of grapes was harvested in Hungary in 2018, from which 3.75 million hectolitres of wine was made –...
Read moreNielsen: Hungarian retail trade is second in Europe
Brexit insecurity continued to affect the retail sector across the continent, but retail sales in Europe increased by 3.4 percent in the second quarter of 2019 compared to the same...
Read moreGrowth in agricultural producer prices has slowed down
In July, the annual growth rate of agricultural producer prices declined to a single-digit level. Following a 10.5 percent rise in June, acquisition prices were 8.5 percent higher in July...
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The turnover of non-alcoholic radlers has exploded over the last five years
The turnover of non-alcoholic beers and radlers at HEINEKEN Hungária has increased significantly over the last five years. Heineken 0.0 Non-alcoholic Beer has doubled its turnover in one year, while...
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Feldman: the new support in the meat industry can bring a quality change
The beef bull-breeding support program in the meat sector could bring a qualitative turn by allowing more domestic meat to reach consumers – the Minister of the Ministry of Agriculture...
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