News and articles

According to a survey, young people have an average saving of 404 thousand forints

According to a survey in the first quarter of 2020, Hungarian young people between the ages of 19 and 29 have an average of 404,000 HUF in savings, of which...

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ITM: consumer protection is a central element in protecting families

The government considers the protection of families to be a central element of consumer protection, and therefore continues to strictly control the products placed on the market, the Deputy State...

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Consumer sentiment in the United States improved slightly in May

Consumer sentiment in the U.S. improved slightly in May from the previous month’s eight-year low, but a survey of the University of Michigan continues to show deep consumer concern. Analysts...

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Japan is home to five million food and beverage vending machines

One of the first things that stands out to the tourist in Japan is that it is amazingly many vending machines can be found everywhere – origo wrote. In Hungary,...

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These two crops could be the biggest losers of this year’s drought

Last week’s rains did not eliminate the drought either, according to information received by the National Association of Cereal Growers (GOSZ), rapeseed is in a very bad condition, wheat is...

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Restaurants, bars and cafés have reopened in the Netherlands

In strict compliance with the rules on community distancing, restaurants, bars and cafés in the Netherlands were reopened on Monday afternoon, thanks to a further loosening of restrictions on the...

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Private Label 5 steps to new normal

In grocery retail, private labels are key to building loyalty. In the aftermath of a pandemic, when many are struggling financially, this area is given a new chance to grow....

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Moody’s: 4.8% decline this year, 4.1% growth next year at home

EU economies in Central Europe cannot escape the deep recession caused by the coronavirus epidemic this year either, but the public debt profile of most regional economies can withstand short-term...

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KSH: GDP grew by 2.2 percent in the first quarter

The volume of gross domestic product (GDP) in the first quarter was 2.2 percent higher than in the same period of the previous year. According to seasonally, calendar-adjusted and balanced...

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GfK Consumer changes – after the virus

GfK Hungária conducted online research on the effects of the COVID-19 virus in more than 2,700 households. According to the most important findings of the research, customers tried to avoid...

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