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Market News

Raiffeisen expects 3.4 percent growth this year
Date: 2019-02-04 11:50:19

This year, the economy may grow by 3.4 percent in Hungary, but in 2020-2021, the economy is expected to grow by only 2-3 percent – RaIffeisen Bank told MTI in...

Producers have to adapt to the new challenges of fish farming
Date: 2019-02-04 11:35:15

The new challenges for fish farming have to be adapted by the European Union and Hungary, and besides the economic benefits, the development of fish farming in Hungary would result...

Imports increased
Date: 2019-02-04 11:30:03

In November last year, the value of exports calculated in euro increased by 4.5 percent, while the value of imports calculated in euro increased by 7.3 percent – according to...

Chinese imports increase customs revenue significantly
Date: 2019-02-04 11:18:18

Due to the arrival of Chinese goods to Hungary, the customs procedures performed by the National Tax and Customs Board (NAV) have increased significantly, and the amount of customs revenue...

The sentiment of American consumers are above expectations
Date: 2019-02-04 11:02:55

Compared to December, the US consumer sentiment weakened, but were above expectations in January – according to the regular monthly survey of the University of Michigan. The January consumer sentiment...

Swine fever was detected in Sepsiszentgyörgy
Date: 2019-02-04 11:01:13

About sixty pigs are to be killed in the Őrkő district of Sepsiszentgyörgy, where the appearance of African swine fever (ASP) was confirmed at the end of last week –...

There is a great need for a shop assistants across Europe
Date: 2019-02-04 10:16:31

There have never been such great need for shop assistants in the European Union member states – penzcentrum.hu wrote. According to EURES, the European Job Mobility Portal, 75,000 shop assistants...

According to the OECD, further reforms will contribute to a stronger and more inclusive Hungarian economic performance
Date: 2019-02-01 11:40:40

Due to the high employment level, the Hungarian economy is in the middle of a strong recovery, which also increases wages, consumer confidence and domestic demand. According to the new...

The KSH conducts a trial census in agriculture in February
Date: 2019-02-01 11:15:57

The Central Statistical Office (KSH) is conducting a full agricultural census in the summer of 2020 (Agrárcenzus 2020). The agency is conducting a trial test between 1 and 28 February...

The rate of childhood obesity stopped in Hungary
Date: 2019-02-01 11:15:56

Due to various legislative changes and professional cooperation, the proportion of overweight people among Hungarian children was halted – the Minister of State, responsible for Health told at a professional...

SMEs are calculating with stable financial results
Date: 2019-02-01 11:14:28

Companies are calculating with stable 8 percent revenue growth, but with a slightly more modest, 4 percent profit growth this year. According to the latest data of the K&H SME...

MLBKT: the purchasing manager index declined in January
Date: 2019-02-01 11:12:48

The seasonally adjusted January value of the Purchasing Manager Index (BMI) was 54.0 points after the 54.3 points of December – the Hungarian Logistics, Purchasing and Inventory Company (MTPL) announced...

The pace of consumer price increases in the euro area slowed further in January
Date: 2019-02-01 11:03:03

In January, the pace of consumer price increases in the euro area slowed further, moving away from the European Central Bank’s 2 percent target. According to preliminary data released by...

Evidences of Iron Age brewing in England were found
Date: 2019-02-01 11:01:23

Road builders found evidences of iron-age brewing in England. The more than two thousand years of remnants of the earliest evidence of local brewing were found during the renovation of...

The EU directive against flavored tobacco products remains in force
Date: 2019-02-01 11:00:53

The European Court of Justice (ECJ) confirmed the validity of the five-year EU directive on the withdrawal of flavored tobacco products, which was adopted five years ago. In a lawsuit...

Magazine: Traditions rule in the liver paté category
Date: 2019-02-01 07:31:36

Hungarians are rather conservative when it comes to the spicing and packaging of their favourite liver patés. Szilvia Dandé, marketing manager of Kaiser Food Kft. told trade magazine that the...

Back from the USA
Date: 2019-01-31 22:29:17

Last year Katalin Mandel, general secretary of the association was invited to the annual conference and congress of the International Franchise Association (IFA). She told our magazine: franchise is conquering...

2nd Franchise Fair in Budapest
Date: 2019-01-31 22:25:52

The Hungarian Franchise Association has organised its Franchise Fair for the second time. Nearly 30 concepts introduced themselves at the one-day event, which took place in Novotel Centrum. More than...

What can be the main trends in the communication strategies of FMCG brands in 2019?
Date: 2019-01-31 15:41:11

Between 1 July and 31 December 2018 the Hungarian representatives of the most valuable international FMCG brands were communicating online in line with global trends. International surveys showed that among...

Private label conference
Date: 2019-01-31 15:34:40

Amsterdam-based organisation Private Label Manufacturers Association (PLMA) will organise a conference on private label (PL) products in Hamburg on the last two days of February. On 27 February, Denise Klug,...

Private labels: rankings and records
Date: 2019-01-31 15:29:10

The market share of private label (PL) products is already 34 percent (in volume) in Hungary – informs the 2018 edition of the Private Label Manufacturers Association (PLMA) yearbook. PL...

Television commercials at full throttle
Date: 2019-01-31 15:20:16

What do the Nielsen Audience Measurement data say about the performance of television commercials in 2018? Atmedia’s most important target group is consumers between the ages of 18 and 59...

Shoppers motivate enterprises for development
Date: 2019-01-31 14:26:16

Mastercard CEE’s SME Monitor study has found that every third small or medium-sized business in Central and Eastern Europe introduced card payment on customer demand. 60 percent of respondents said...

Discount supermarkets are the leading channel now
Date: 2019-01-31 14:16:30

Between January and December 2018 Hungarian consumers spent HUF 1,800 billion on food – there was a 7-percent increase in value sales from the 2017 level. More than 70 percent...

Hungary’s retail dynamics above the European average
Date: 2019-01-31 14:11:53

Retail trade has come up with a stable performance all over Europe: there was a 3.7-percent growth in Q3 2018. In the same period Hungarian retail sales surged by 7.6...

A report on the customer service sector
Date: 2019-01-31 14:07:09

According to a representative survey conducted by Cofidis on the customer service sector, today approximately 160,000 people work in the segment in Hungary. The level of fluctuation is high and...

A surge in vegetable prices
Date: 2019-01-31 14:03:22

Last December food prices elevated by only 4.7 percent if compared with December 2017, but we had to pay 22.4 percent more for potatoes, fresh fruits and vegetables – reported...

Fruit and vegetable prices went in opposite directions
Date: 2019-01-31 13:58:52

In November 2018 agricultural production prices grew by 4.4 percent from the level of November 2017 – reported the Central Statistical Office (KSH). This increase was the result of vegetable...

Private label products remain on an upward trajectory
Date: 2019-01-31 13:56:17

Between October 2017 and September 2018 the market share of private label FMCG products (PL) grew by 0.7 percentage point. From the HUF 1,800 billion spent on food 29 percent...

Retail sales were developing well at the end of last year
Date: 2019-01-31 13:53:03

In November 2018 like-for-like retail volume sales augmented by 5 percent; adjusted for calendar effects, the sales growth was 4.9 percent – reported the Central Statistical Office (KSH). Non-food sales...

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Raiffeisen expects 3.4 percent growth this year Date: 2019-02-04 11:50:19

Producers have to adapt to the new challenges of fish farming Date: 2019-02-04 11:35:15

Imports increased Date: 2019-02-04 11:30:03

Chinese imports increase customs revenue significantly Date: 2019-02-04 11:18:18

The sentiment of American consumers are above expectations Date: 2019-02-04 11:02:55

Swine fever was detected in Sepsiszentgyörgy Date: 2019-02-04 11:01:13

There is a great need for a shop assistants across Europe Date: 2019-02-04 10:16:31

According to the OECD, further reforms will contribute to a stronger and more inclusive Hungarian economic performance Date: 2019-02-01 11:40:40

The KSH conducts a trial census in agriculture in February Date: 2019-02-01 11:15:57

The rate of childhood obesity stopped in Hungary Date: 2019-02-01 11:15:56

SMEs are calculating with stable financial results Date: 2019-02-01 11:14:28

MLBKT: the purchasing manager index declined in January Date: 2019-02-01 11:12:48

The pace of consumer price increases in the euro area slowed further in January Date: 2019-02-01 11:03:03

Evidences of Iron Age brewing in England were found Date: 2019-02-01 11:01:23

The EU directive against flavored tobacco products remains in force Date: 2019-02-01 11:00:53

Magazine: Traditions rule in the liver paté category Date: 2019-02-01 07:31:36

Back from the USA Date: 2019-01-31 22:29:17

2nd Franchise Fair in Budapest Date: 2019-01-31 22:25:52

What can be the main trends in the communication strategies of FMCG brands in 2019? Date: 2019-01-31 15:41:11

Private label conference Date: 2019-01-31 15:34:40

Private labels: rankings and records Date: 2019-01-31 15:29:10

Television commercials at full throttle Date: 2019-01-31 15:20:16

Shoppers motivate enterprises for development Date: 2019-01-31 14:26:16

Discount supermarkets are the leading channel now Date: 2019-01-31 14:16:30

Hungary’s retail dynamics above the European average Date: 2019-01-31 14:11:53

A report on the customer service sector Date: 2019-01-31 14:07:09

A surge in vegetable prices Date: 2019-01-31 14:03:22

Fruit and vegetable prices went in opposite directions Date: 2019-01-31 13:58:52

Private label products remain on an upward trajectory Date: 2019-01-31 13:56:17

Retail sales were developing well at the end of last year Date: 2019-01-31 13:53:03