Market News
In five years, the alcohol consumption of the Russians has almost halved
Alcohol consumption in Russia has dropped by more than 40 percent over the past five years – Russia’s Health Minister Veronyika Szkvorkovska announced on Tuesday at a special meeting in...
Read moreThere are great opportunities in wine making
In the coming years there will be great opportunities in wine making, which is why it was decided that a new tender will be issued for about 50 billion forints...
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European Fresh Adventures attracted half a million people to the importance of fruit and vegetable consumption
In the first year of the European Fresh Adventures campaign, the National Chamber of Agriculture has called attention to the importance of fruit and vegetable consumption to about half a...
Read moreNielsen: the hand cream season launches in October
In the autumn, the turnover of hand and nail care creams will start, which will peak in December. Between September 2017 and August 2018, about 3000 hectoliters of products were...
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The Nébih suspended the operation of a bakery in Pest county
Due to severe food safety problems, the National Food Chain Safety Office (Nébih) suspended the operation of a bakery in Pest County with immediate effect. According to information from the...
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ZEW: euro zone’s economic mood is on a six-year nadir
In October, economic sentiment in the euro area and Germany declined more than expected, to a six-year low – according to a survey published by the ZEW Institute of Economics...
Read moreAmerican retail trade data is disappointing
Retail sales in September were less than expected by analysts. On Monday, the US Department of Commerce announced that the seasonally adjusted and retail-adjusted retail sales increased by 0.1 percent,...
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FruitVeB: vegetable production is similar to last year’s and can be around 1.9 million tonnes
Some vegetables, including peppers and green peas, have been damaged by the long drought weather, but the warmth was good for sweet corn; record-breaking crop is expected. Vegetable production can...
Read moreNagy István: a campaign to be launched to encourage honey consumption
A campaign will be launched to encourage domestic honey consumption, which is currently only 7,000 tons per annum of 20,000 tonnes per capita – Nagy István, the Minister of Agriculture...
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The NAK has developed a food coordinator network
The food industrial co-ordinator network started its work within the National Chamber of Agriculture, and the first part of the series entitled “Food Handbook” was published as well – was...
Read moreMadosz: tobacco growers need a stronger interest representation in Europe
In order to maintain Hungarian and European tobacco production, it is necessary to reach new political agreements and create stronger interest representation for tobacco growers in the European Union –...
Read morePayments for agricultural subsidies may begin
From 16 October, agricultural subsidies can be paid from the EU and the Hungarian budget – according to the Ministry of Agriculture regulation published in the latest Magyar Közlöny. The...
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Chamber of Agriculture: 200-500 tons of sweet chestnut trees annually
Chestnuts will be available this week on the market, of which 200-500 tons have been produced in Hungary over the last few years – the National Agricultural Chamber (NAK) told...
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Variations on experience
Bob Ingram, the editor of Progressive Grocer collected some of the best ideas from the USA for a better shopper experience. One of these is the latest service offered by...
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9 tips for more attractive stores
Ron Lutz, executive vice president of retail experience company Miller Zell collected those methods in an article for Retail Customer Experience that can make stores more spectacular for shoppers. His...
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Podcast series continues
Retail Decoded, a podcast series by the international association Shop! now already has four episodes. In the latest episode experts share their thoughts on store design and fitting. You can...
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Surfing on the sea of milk
By July the production price of milk had dropped nearly 10 percent, but August brought a 2-percent increase. According to the Agricultural Economics Research Institute (AKI), milk’s export price was...
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New Book of Excellent Wines
The latest edition of the Book of Excellent Wines was published in October. It was six years ago that the National Wine Excellence Programme started, and by now it has...
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Who is the data protection official?
The General Data Protection Regulation (GDPR) of the European Union affects all businesses, including hotels and restaurants as they also manage personal data. By 25 May every company prepared for...
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Record number of Hungarians feel their jobs are stable
According to a joint survey conducted by BNP Paribas Cardif Insurance and Medián in May, more Hungarians than ever before, 71 percent are optimistic about the stability of their jobs....
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Nielsen: Two-digit growth in condom sales
Value sales of condom jumped 10 percent between August 2017 and July 2018 if compared with the base period one year earlier. This performance represented a value of HUF 3.5...
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It is now official: the baking industry sells the most important baked goods for less than the production cost
The Agricultural Economics Research Institute (AKI) had analysed the production cost and profitability of the most important baked goods and they found: the price retailers pay to bakers for certain...
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Nielsen: notable change in the market of air fresheners
Air freshener value sales augmented by 11 percent in the June 2017-May 2018 period and amounted to more than HUF 10 billion. In the same period like-for-like volume sales grew...
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GfK: Families with children are the biggest buyers of dairy snacks
According to data from the GfK Consumer Panel, 74 percent of Hungarian households purchased some kind of dairy snack between September 2017 and August 2018. The three most important segments...
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Nielsen: túró rudi is the most popular chilled dairy snack
Hungarian consumers bought chilled dairy snacks for more than HUF 38 billion between August 2017 and July 2018 – sales were up 11 percent. This means that more than 14,000...
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Every third Hungarian is an impulse buyer
According to the results of a survey conducted by Generali, one third of Hungarians regularly buy something that they don’t really need. Impulse buying is most characteristic of Budapest dwellers,...
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Multigenerational workplaces are becoming popular all over the world
According to the Randstad Workmonitor report about the 2nd quarter of the year, multigenerational workplaces are popular worldwide. This is also true for Hungary, as 4 from 5 respondents work...
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Fairytale-like Nespresso commercial
Nespresso’s latest commercial debuted in more than 30 countries all over the world in mid-October. In this George Clooney, the brand’s ambassador is dressed in armour, saving a medieval kingdom...
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APA brewed in Sopron
Soproni Óvatos Duhaj has added an American Pale Ale (APA) beer to its portfolio. Soproni Óvatos Duhaj APA combines the creativity of craft breweries with the great experience of major...
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Revamped ClubSmart offers roadside assistance too
Shall makes travelling by car simpler and more carefree with the new ClubSmart loyalty programme. By using the new smartphone format ClubSmart card, drivers can feel safer on the roads...
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