Market News
40 percent more people are applying for a job now than last year
An average of 40 percent more people applied for the advertised positions in the third quarter of 2020 than a year earlier, on Hungary’s market-leading job portal. The greatest interest...
Read moreThe opening hours of the stores changes during the long weekend
October 23 is a national holiday in Hungary, a day of remembrance for the 1956 Revolution and the War of Independence. The stores, department store chains and shopping centers will...
Read moreThe competitive disadvantage of EU e-merchants could be eliminated
The good news for EU e-merchants is that the 22 euros VAT-free limit for products ordered from third countries will be lifted, thus reducing their competitive disadvantage compared to Far...
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Inflation in the euro area fell to a four-and-a-half-year low in September
Annual headline inflation in the euro area fell to a four-and-a-half-year low in September, and core inflation was the lowest ever recorded, according to final data released by the Statistical...
Read morePanic shopping is spreading again in Germany
With the intensification of the second wave of the coronavirus pandemic, the phenomenon of panic shopping has reappeared in Germany – the Frankfurter Allgemeine Zeitung (FAZ) wrote on Monday. According...
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Explorer: Twice as many shoppers in this year’s prize game
There were 127 Hungarian Product trademark user products from 6 manufacturers participating in the Explorer promotion this spring. Hungarian Product Nonprofit Kft.’s prize game started on 1 April and lasted...
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University students can dine with the CEO of Auchan
Students from three countries also submitted entries to the Auchan Case Challenge business case-solving competition, allowing the jury to select excellent materials from a total of 645 students at 22...
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Magazine: Stronger competition and a level playing field in the e-payment market
In the summer of 2019 a study by the Hungarian Competition Authority (GVH) found that the costs of bank card payment are too high for small-turnover retailers – so high...
Read moreTESCO won the summer at Lake Balaton based on the number of visitors
This summer, every sixth Hungarian chose a domestic holiday, including Lake Balaton. Based on anonymized location data from mobile phones, LocSight has produced a more accurate analysis of the impact...
Read moreThe number of students receiving school milk and school fruit has doubled in ten years
The number of students receiving school milk and school fruit has doubled in ten years, Rétvári Bence – vice-president of the Christian Democratic People’s Party (KDNP) told MTI. The KDNP...
Read moreAM: Hungary issues a separate opinion on the European Commission’s Farm-to-Table strategy
The Agriculture and Fisheries Council is expected to adopt the Farm-to-Table strategy developed by the European Commission at its meeting on 19-20 October; However, Hungary will make a separate statement...
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GKI: employment stagnated in September
Compared to August, employment did not change in September, according to a representative population survey of GKI Economic Research Ltd. involving 1,000 people. In August, the average monthly headcount –...
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Stores: around minus 2 percent in September
Not exactly the best omen for Christmas gift shopping: based on online checkout data, we left 0.2% less money in store cash registers in September, which doesn’t include inflation and...
Read moreNagy István: new tender will help to modernize horticultural plants
A new tender with a budget of 30 billion HUF will help to modernize horticultural plants. The support applications can be submitted from Monday – the Minister of Agriculture announced...
Read moreGet ready for winter András Wolf’s tips for healthy and delicious apple compote
With the onset of the cold season, especially given the current pandemic, it is worth thinking about how we can provide the whole family with an adequate source of vitamins...
Read moreThe Czech Republic is in a state of clinical death
In the Czech Republic, the country’s public transport circulation has stopped as it makes no sense to run empty trains and buses after school closure. The sale of spirits is...
Read moreConsumer sentiment improved in October in the United States
Consumer sentiment in the United States has improved more than expected, according to a survey by the University of Michigan. According to preliminary data from the October survey, the consumer...
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Bruce Willis is in the DieHard batteries’s new spot
Iconic movie and battery brands come together in new, action-packed short film. Hollywood legend Bruce Willis stars in a new 2-minute film from Advance Auto Parts that brings together John...
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In Belgium, catering establishments to close for a month
In Belgium, due to the rapid spread of the coronavirus pandemic, catering establishments will be closed from Monday for one month and a night curfew will take effect. Belgian Prime...
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Magazine: Ice tea all year round
Barnabás Kovács, Szentkirályi Magyarország’s senior regional brand manager told Trade magazin that ice tea sales were higher in 2019 than in the previous year. Lipton Ice Tea sales were growing...
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Advertising Association: the entire communications industry can expect a decline of 148.8 billion HUF this year
According to the MRSZ Barometer survey, 55.6 billion HUF may disappear from the media market, while the entire communications industry may expect a decline of 148.8 billion HUF this year,...
Read moreChief veterinarian: foods and their packaging do not spread the coronavirus
Based on the scientific knowledge so far, food and its packaging do not play a role in the spread of the coronavirus, the national chief veterinarian said on Friday at...
Read moreThe second wave has reached e-commerce!
E-commerce traffic started to rise sharply at the end of September. E-commerce sales exceeded the May peak after the first wave of the coronavirus at the end of September. If...
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Another program is helping to promote fish consumption
“Fish Friday” and “Get It!” In addition to fish consumption campaigns, the Ministry of Agriculture pays special attention to fish meat quality issues. According to the results presented at the...
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Nébih: more than 300 thousand tons of food are wasted every year in Hungary
In Hungary, people waste more than 300,000 tons of food every year. The monetary value of the loss exceeds 170 billion HUF, which is 18,000 HUF per person. Food waste...
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According to the company managers, the Hungarian economy may be cash-free in the foreseeable future
The financial digitization was significantly accelerated by the coronavirus pandemic in Hungary, and according to the company executives interviewed by Intrum, the cash-free economy is also within reach. However, the...
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Diet Coke – Unsung pandemic heroes can get a year of free soda
Diet Coke lets people reward unsung pandemic heroes with a year of free soda. Anybody can be nominated to win the soft drinks and the mini-fridge. Part of the brand’s...
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Professional organizations are demanding the lifting of the tightening of the kata
Several professional advocacy organizations are asking the parliament to withdraw the tightening of the kata (itemized tax for small tax companies) effective from 2021 and to discuss the 7 +...
Read moreRetail sales grew much more than expected in the United States in September
In September, retail sales in the United States saw a larger-than-expected three-month increase in the United States, according to a Friday report by the Census Bureau, a statistical institute in...
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