Market News

Swine fever was detected in Sepsiszentgyörgy

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 –...

Read more

There is a great need for a shop assistants across Europe

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...

Read more

According to the OECD, further reforms will contribute to a stronger and more inclusive Hungarian economic performance

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...

Read more

The KSH conducts a trial census in agriculture in February

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...

Read more

The rate of childhood obesity stopped in Hungary

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...

Read more

SMEs are calculating with stable financial results

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...

Read more

MLBKT: the purchasing manager index declined in January

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...

Read more

The pace of consumer price increases in the euro area slowed further in January

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...

Read more

Evidences of Iron Age brewing in England were found

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...

Read more

The EU directive against flavored tobacco products remains in force

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...

Read more

Magazine: Traditions rule in the liver paté category

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...

Read more

Back from the USA

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...

Read more

2nd Franchise Fair in Budapest

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...

Read more

What can be the main trends in the communication strategies of FMCG brands in 2019?

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...

Read more

Private label conference

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,...

Read more

Private labels: rankings and records

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...

Read more

Television commercials at full throttle

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...

Read more

Shoppers motivate enterprises for development

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...

Read more

Discount supermarkets are the leading channel now

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...

Read more

Hungary’s retail dynamics above the European average

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...

Read more

A report on the customer service sector

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...

Read more

A surge in vegetable prices

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...

Read more

Fruit and vegetable prices went in opposite directions

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...

Read more

Private label products remain on an upward trajectory

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...

Read more

Retail sales were developing well at the end of last year

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...

Read more

Growing market, expanding research

Ágnes Szűcs-Villányi, market leader of Nielsen in Hungary told Trade magazin that last year Hungarian stores had sold 7 percent more FMCG products than in 2017. Sales by discount supermarkets...

Read more

Last year was the best of the decade

According to GKI’s estimation, the Hungarian economy grew by 4.6 percent in 2018 – this growth rate was exceptionally good in the European Union (ranked 2nd or 3rd in the...

Read more

Good performance from the poultry sector

According to the latest market report of the Agricultural Economics Research Institute (AKI), the European Commission forecasts that the EU’s poultry meat production will keep growing until 2030. Between January...

Read more

OECD: positive outlook, with risks

According to the latest OECD report about the Hungarian economy, economic growth will be 3.9 percent in 2019 and 3.3 percent in 2020. The report was presented to the public...

Read more

McKinsey: online FMCG retail is in a vicious cycle

New York-based global consulting firm McKinsey has analysed online FMCG sales in Europe. Their report states: the fact that masses of European consumers haven’t started buying food and drinks online...

Read more
Oldal