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Consumer prices were up 2.8 percent on average last year
According to a report by the Central Statistical Office (KSH), consumer prices were 2.8 percent higher in 2018 than in 2017; food prices jumped 4.2 percent. In comparison with December...
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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...
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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...
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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...
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Co-op Star is 20 years old
Jászberény-based retailer Co-op Star Zrt. celebrated its 20th birthday on 29 January 2019. At the moment the company operates 131 shops in 102 towns and villages – from these 121...
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Top 10: online channels in Europe
In the next five years the developed markets of the United Kingdom and France will dominate European online FMCG retail – says a forecast by LZ Retailystic. Online sales of...
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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...
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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...
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Provident: only every tenth buyer has financed Christmas and New Year’s expenditures from loans
Participants of the Provident Pénzügyi Zrt.’s 600-person telephone research typically spent the holidays at home, preparing for Christmas and New Year’s Eve expenditures, and this time they also considered the...
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PwC CEO survey: the trust in global economic growth is shaken
According to the latest Global CEO Survey by PricewaterhouseCoopers (PwC), trust in a global economic growth has become smaller in almost every country. 30 percent of executives think that global...
Read moreIn 2018, Tesco supported more than 100,000 needy people with their daily food donations
Tesco has launched its food-saving program in 163 out of its 205 stores in Hungary. In 2018, the supermarket chain donated more than 7 500 tonnes of food to those...
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Sixteen exhibitors at the Seventh Chocolate Carnival in Pécs
The Seventh Chocolate Carnival in Pécs will be organized in the Zsolnay Cultural Quarter in Pécs on 9 and 10 February. Mosonyi Éva, chocolate maker and the organizer of the...
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Gyermelyi has become a major producer of pasta in the Central and Eastern European region with the help of ABB technology
The Gyermely Group is one of Hungary’s leading producers of pastries, one of its most important food businesses. In 2018, Gyermelyi Zrt. built a new pastry factory with an investment...
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Analysts: policy intervention is needed to increase employment
The Hungarian economy practically reached full employment last year. The 3.6 percent unemployment data of the fourth quarter of 2018 indicate a tight labor market, and a further policy intervention...
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Personal changes in the leadership of Nestlé Hungária
Szilva Mónika is now leading the Maggi brand, ie the Nestlé Food business. Her main task will be to further develop the business, finding answers to the challenges of changing...
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Dreher Breweries strenghtens with new pr agencies
The Dreher Sörgyárak Zrt., a member of the Asahi Group, selected its new pr-partners by Tender. The team of Dreher searched pr-agency partners for more intensive communication than before. In...
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The amount of the Farm Development Program has doubled this year
The total amount of the Farm Development Program was doubled compared to last year to 2.4 billion HUF in 2019 – the Deputy Minister State of the Ministry of Agriculture...
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Euro area GDP growth is on a four-year low
In the fourth quarter of last year, economic growth in the euro area stagnated at a four-year nadir, according to a preliminary estimate of the European Union’s Statistical Office, Eurostat,...
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The EU-Japan Trade Agreement comes into force
The EU-Japan Economic Partnership Agreement will come into force on 1 February, which will abolish the vast majority of customs duties of about 1 billion euros per year for the...
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Tizenhat tonna csirkehúsból készült terméket hívott vissza a Tyson Foods
Mintegy 16 tonna szennyezett, csirkehúsból készült, elősütött terméket hív vissza a Tyson Foods, a világ legnagyobb húsfeldolgozó vállalata, írja az amerikai lapok, például a Huffington Post nyomán az origo. A...
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Walmart uses game app in training
From February Walmart uses a simulation game app called Spark City to train newly recruited store staff. Workers have to manage the dry goods section of the store in real...
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(HU) GfK: Merre halad a magyar digitális fogyasztó?
Sorry, this entry is only available in HU....
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Amazon delivers with robots
In Snohomish (Washington) Amazon has started using robots to deliver products to customers’ homes. Six Scout robots do the job every day, from Monday to Friday. Shoppers can ask for...
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Tesco and Jamie Oliver teach community kitchen cooks
Tesco and Jamie Oliver have joined forces to teach more than 1,000 cooks at community kitchens to bring the most out of the food donations that they receive. In the...
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JD.com: drone delivery in Indonesia
JD.com has used a drone to deliver products outside of China: in January a box of books and backpacks were delivered to a distance bigger than 250km. JD.com has been...
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Lush Naked – no-plastic store
In 2018 Lush opened its first ‘Naked’ stores in Milan and Berlin: in these shops products are sold without a plastic packaging. As the next step Lush opened a similar...
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A new trend: in-store greenhouses
Auchan has teamed up with Agricooltour to grow herbs and lettuce in a Torino store, which the customers can pick themselves. The 30m² greenhouse was built in November 2018. Casino...
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Brexit: Tesco finally in talks about storing more goods
Tesco has finally announced plans to stat storing more goods as the March deadline for Brexit is approaching. The UK’s biggest supermarket chain is currently in talks with suppliers about...
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Amazon for Teens
E-commerce giant Amazon has launched services that are directly available to 13-17 year old consumers. The teenagers can browse, read recommendations and place orders on the platform, but their purchases...
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REWE: no more organic cucumber in plastic shrink-wrap
At the Internationale Grüne Woche in Berlin REWE announced that they would stop selling organic cucumbers in plastic shrink-wrap in Rewe and Penny stores. Earlier the retailer already banned plastic...
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