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Market News

Consumer prices grew by 3.4 percent in August too
Date: 2018-10-01 17:24:05

In August 2018 consumer prices were 3.4 percent higher on average than a year before, just like July. In comparison with August 2017, food prices increased by 4.1 percent. Egg’s...

More expensive cereal crops
Date: 2018-10-01 17:23:24

In July 2018 agricultural production prices grew by 1.2 percent from the level of July 2017 – reported the Central Statistical Offi ce (KSH). This increase was the result of...

Retail sales up more than 5 percent
Date: 2018-10-01 17:23:20

In July 2018 like-for-like retail volume sales augmented by 5.4 percent; adjusted for calendar effects, the sales growth was 5.3 percent – reported the Central Statistical Office (KSH). Food and...

It is key to reward skilled workers and professionals
Date: 2018-10-01 17:23:09

The latest Cofidis Loan Monitor survey has revealed that it is difficult for Hungarians to find specialist doctors (84 percent), electricians (82 percent), painters (80 percent) and home appliance repairers...

Faster growth than expected, but it is losing speed
Date: 2018-10-01 17:22:09

In the 2nd quarter of 2018 the Hungarian economy grew faster than expected – and faster than most EU member states – but if calculated with the EU methodology, the...

The shopping centre of the near future
Date: 2018-10-01 17:20:06

International shopping centre Westfield has presented its vision about the store of the future with the title Destination 2028. In Westfield’s concept the relationship between people and nature dominates. The...

Our waste, our responsibility
Date: 2018-10-01 17:20:02

Bottletop on Regent Street in London is the first zero-waste shop in the world. The interior is fully 3D-printed, using materials from 60,000 PET bottles, 75 car tyres and 3,500...

Innovation focuses on food-to-go
Date: 2018-10-01 17:19:10

Food-to-go services are one of the top trends in the domain of retail innovations. Offline retail trade can use not only digital solutions to keep customers, but also various services...

Why should both manufacturers and wholesalers enter the website of the year competition?
Date: 2018-10-01 17:16:33

In this year’s website of the year competition there are individual categories for trade companies – called e-commerce and trade – and manufacturers – named B2B and brand site. Participation...

Can an e-commerce association be the solution in competing with giants such as Amazon?
Date: 2018-10-01 17:16:02

One of the reasons why Central Europe is a popular cross-border e-commerce target is that giants such as Amazon or Alibaba aren’t expanding in the region yet. This situation is...

Those who buy Hungarian onion help our farmer
Date: 2018-10-01 17:10:53

In the spring of 2017 NAK set up an onion working group with the aim of making the Hungarian onion sector more competitive. NAK organises talks between farmers and retailers,...

Coccolino: renewal both inside and outside
Date: 2018-10-01 17:09:20

Coccolino’s large-scale relaunch project has come to an end. In 2018 the fabric softener brand got a new design and improved formulas. Brand manager Judit Benczik told: new products had...

Campaigns popularising Hungarian food products
Date: 2018-10-01 15:47:44

The Hungarian Chamber of Agriculture (NAK) promotes Hungarian produce and groceries in many ways. As part of the ‘From Hungary to our homes’ programme a lifestyle page was created on...

New Fanta Instamixes
Date: 2018-10-01 15:34:38

In mid-September three versions of Fanta: Instamix hit the shops – chocolate, coconut and raspberry-orange. The recipe is simple: consumers need to pour the Instamix into a 0.5-litre Fanta orange...

The price of pig decreased in one year
Date: 2018-10-01 11:45:36

Compared to the beginning of the year, the price of pigs declined in comparison with the previous year in August this year – Világgazdaság Online wrote on the basis of...

Cattle can be transported to the United Arab Emirates again
Date: 2018-10-01 11:25:43

The agricultural ministry of the United Arab Emirates has removed Hungary from the list of countries with bluetongue disease. As a result of this measure it will be possible to...

Hungarian companies are still crediting their customers at a record level
Date: 2018-10-01 11:20:27

The proportion of deferred payments in domestic commerce (B2B) decreased, however, while the duration for invoicing and the number of bad debts increased. According to the Atradius Credit Provider’s Barometer...

MLBKT: PMI in September shows continued growth
Date: 2018-10-01 11:14:33

The seasonally adjusted September value of the Purchasing Manager Index (PMI) was 53.8 points, which indicates that respondents reported more favorable processes than in the previous month. The index is...

Insect farms to come
Date: 2018-10-01 11:07:03

Those entrepreneurs who would set up insect farms in Hungary will be given every support from the Hungarian authorities – mfor.hu wrote. There is a possibility of establishing insect farms...

Hungarian cash stock is significant
Date: 2018-10-01 11:05:36

Hungarian cash stock is about 5,700 billion HUF. From a part of it, the population’s securities and equity purchases could be increased – Nagy Márton, the vice president of the...

More than 175 million HUF worth smuggled cigarettes were found in a minibus
Date: 2018-10-01 11:03:15

More than 175 million HUF worth smuggled cigarettes were found by the police in an Ukrainian minibus on Saturday in Vásárosnamény – the Szabolcs-Szatmár-Bereg County Police Headquarters announced on the...

German retail turnover decreased
Date: 2018-10-01 11:03:09

Instead of the expected growth in August, retail turnover in Germany was lower than in the previous month – the Destatis federal statistics agency published on Monday. In August, retail...

Japanese retail sales grew in August
Date: 2018-10-01 11:00:45

In August, retail sales in Japan rose to an eight-month peak on an annual level, and industrial production showed an increase for the first time in the past four months...

By 2025, the robots will take the lead
Date: 2018-10-01 11:00:37

Digitized machines will have more workload than people in 2025, according to the study of the Davos World Economic Forum. While digitization will make a lot of workplace obsolete, it...

My shop, my brand, my everything
Date: 2018-10-01 08:04:14

Recently European retail chains have signed many strategic partnership agreements. One of these is a cooperation that Tesco and Carrefour started. Their objective is to unite the strengths of the...

Greenhouse production can be increased by using geothermal energy
Date: 2018-09-28 11:25:38

The greenhouse production of safe and high-quality products should be increased. The domestic supply could be increased with the expansion of exports and by the increasing use of geothermal energy...

In June-August KSH employed 39 thousand more than a year earlier
Date: 2018-09-28 11:12:33

During the June-August period, the average number of employees was 4 million 484 thousand, 39 thousand more than a year before. The employment rate of 15-64 year-olds increased by 0.8...

EOS: Hungarians pay 77 percent of the invoices in time
Date: 2018-09-28 11:03:24

77 percent of the accounts are paid in time by Hungarian customers, 19 percent arrives late and 4 percent is not paid at all, which corresponds to last year’s figures...

Eurozone inflation accelerated in September
Date: 2018-09-28 11:02:58

In September, the pace of consumer price increases in the euro area accelerated. The European Union’s statistical office, Eurostat, on Friday announced its preliminary report that euro area inflation rose...

The spread of African swine fever has slowed in Romania
Date: 2018-09-28 11:02:37

The spread of African swine fever in Romania has slowed down, no new infectious points have emerged in the last month in neighboring counties – according to the weekly report...

Oldal

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Consumer prices grew by 3.4 percent in August too Date: 2018-10-01 17:24:05

More expensive cereal crops Date: 2018-10-01 17:23:24

Retail sales up more than 5 percent Date: 2018-10-01 17:23:20

It is key to reward skilled workers and professionals Date: 2018-10-01 17:23:09

Faster growth than expected, but it is losing speed Date: 2018-10-01 17:22:09

The shopping centre of the near future Date: 2018-10-01 17:20:06

Our waste, our responsibility Date: 2018-10-01 17:20:02

Innovation focuses on food-to-go Date: 2018-10-01 17:19:10

Why should both manufacturers and wholesalers enter the website of the year competition? Date: 2018-10-01 17:16:33

Can an e-commerce association be the solution in competing with giants such as Amazon? Date: 2018-10-01 17:16:02

Those who buy Hungarian onion help our farmer Date: 2018-10-01 17:10:53

Coccolino: renewal both inside and outside Date: 2018-10-01 17:09:20

Campaigns popularising Hungarian food products Date: 2018-10-01 15:47:44

New Fanta Instamixes Date: 2018-10-01 15:34:38

The price of pig decreased in one year Date: 2018-10-01 11:45:36

Cattle can be transported to the United Arab Emirates again Date: 2018-10-01 11:25:43

Hungarian companies are still crediting their customers at a record level Date: 2018-10-01 11:20:27

MLBKT: PMI in September shows continued growth Date: 2018-10-01 11:14:33

Insect farms to come Date: 2018-10-01 11:07:03

Hungarian cash stock is significant Date: 2018-10-01 11:05:36

More than 175 million HUF worth smuggled cigarettes were found in a minibus Date: 2018-10-01 11:03:15

German retail turnover decreased Date: 2018-10-01 11:03:09

Japanese retail sales grew in August Date: 2018-10-01 11:00:45

By 2025, the robots will take the lead Date: 2018-10-01 11:00:37

My shop, my brand, my everything Date: 2018-10-01 08:04:14

Greenhouse production can be increased by using geothermal energy Date: 2018-09-28 11:25:38

In June-August KSH employed 39 thousand more than a year earlier Date: 2018-09-28 11:12:33

EOS: Hungarians pay 77 percent of the invoices in time Date: 2018-09-28 11:03:24

Eurozone inflation accelerated in September Date: 2018-09-28 11:02:58

The spread of African swine fever has slowed in Romania Date: 2018-09-28 11:02:37