Events

Retail sales in the Czech Republic grew by 1.9 percent in July

In July, retail sales in the Czech Republic increased by 3 percent year-on-year and seasonal effect adjusted by 1.9 percent, after the 1.4 percent decrease of the previous month. Compared...

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(HU) Öt éve nem volt ilyen pusztító nyarunk: mekkora a baj?

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One bite of Kellogg’s Incogmeato Burger

Incogmeato by MorningStar Farms launched national giveaway and partnered with Postmates to bring a one-bite challenge to the doorsteps of plant-based skeptics. The plant-based category leader1 owned by Kellogg’s helped...

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(HU) Meghosszabbították a fertőtlenítőszerek ideiglenes engedélyét

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KSH: The turnover of retail stores increased by 0.4 percent

In July, both raw and calendar-adjusted data showed retail store sales up 0.4 percent from a year earlier. With this, the willingness to buy reached the level of a year...

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The producer price of peaches is increasing

Producer prices for peaches were nearly 40 percent higher in the 24th – 35th week of 2020, compared to a year before. This year more than 500 forints per kilogram...

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Analysts: increase in retail sales may continue

Moderate growth in retail sales may continue in the coming months, although the July data released on Thursday has been somewhat disappointing – analysts told MTI, who hope that economic...

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Global food prices rise in August

Global food prices rose for the third consecutive month in August, influenced by generally firmer demand and a weaker U.S. dollar, according to a report released today by the Food...

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Design, competitions, generations

POPAI Hungary held its annual general meeting, open session and The Hungarian handover of the Shop!Global Awards online. The professional part resonated with real “back to the new normal” content...

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The Corporate White Paper helps companies fight the pandemic

The Ministry of Innovation and Technology is helping Hungarian businesses to prevent the spread of the coronavirus pandemic and reduce risks with a new publication available online. The Corporate White...

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Secretary of State AM has submitted 2.2 billion applications for support to winemakers

As a result of the declining tourism and hospitality due to the coronavirus pandemic, winemakers submitted grant application in a value of 2.2 billion HUF to the Ministry of Agriculture,...

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Oeconomus Gazdaságkutató: average wages in Hungary were in the midfield of the region in 2018 and 2019

Hungarian average wages were in the midfield of the region in 2018 and 2019, according to Eurostat, the EU’s statistical office. In the last two years average wages in Hungary...

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Nébih warns of mysterious seeds

The National Food Chain Safety Office (Nébih) has issued a warning: packages may also be sent to Hungary containing unknown seeds received as mysterious, unsolicited consignments – origo wrote. The...

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AM: Compensation contribution must be paid by September 15

Members of the agricultural damage compensation scheme must pay the compensation contribution by 15 September 2020 – the Ministry of Agriculture (AM) told MTI on Thursday. If the compensation contribution...

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In July, Romanian retail sales grew by 10.3 percent month-on-month

In July, retail sales in Romania grew by 10.3 percent, according to raw data, compared to the previous month. The seasonally and calendar-adjusted value was 3.9 percent – the Romanian...

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Deflation Instead of inflation in the euro area

Instead of the modest inflation expected by analysts, there was deflation in the eurozone in August. The European Union’s statistical office, Eurostat, on Tuesday said as preliminary data that consumer...

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400 billion were curbed by housewives

Family spending fell 9% in the second quarter – blokkk.com wrote. Housewives spend 400 billion less compared to the first quarter, while compared to the previous year, 300 billion HUF...

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Domestic e-commerce saw record growth, according to a survey

Due to the coronavirus, domestic e-commerce achieved a record annual growth of 34.8 percent and a gross turnover of 355 billion HUF in the first 6 months, according to research...

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Ipsos- Hungarians do not worry about the second wave of the virus

For five consecutive months, i.e. since its appearance in Europe, the number one fear of the world’s citizens is the coronavirus pandemic. FIGURE: What is causing you concern? – Coronavirus...

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The December PLMA show is cancelled

2020 “World of Private Label” International Trade Show cancelled due to Covid-19 concerns, says PLMA. New virtual show will be announced soon. AMSTERDAM – 1 September 2020 – Following recent...

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Minister of Agriculture: farmers need protection in the crisis in the agricultural market situation caused by the coronavirus

The coronavirus pandemic has clearly shown that the issue of food security has become more important in the eyes of European citizens. But we can count on Hungarian farmers even...

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67% of small businesses worldwide and 78% of consumers have changed their habits due to COVID-19

While small and micro businesses around the world continue to feel the financial impact of COVID-19, one thing has become clear: rethinking the point-of-sale payment experience is essential to survival....

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The Chinese are already spending on luxury goods, on beer or sports equipment not yet

Chinese consumers mostly buy luxury handbags, cosmetics and health-preserving products as life in the country is returning to normal as the epidemic subsides – origo wrote after Bloomberg. However, they...

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Monthly retail sales decreased in July in Germany

Contrary to expectations, retail sales in Germany did not increase but decreased in July compared to the previous month, cooling hopes that household consumption could lead to a strong economic...

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Producer prices in the euro area rose in July

In July, industrial producer prices in the euro area rose more than expected from the previous month, according to a report by Eurostat, the European Union’s statistical office. In July,...

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Wholesalers: A guide to surviving the recession

In wholesale the key to success is harmony. Distributors working in this industry must cooperate closely with front-office systems. This type of cooperation makes a thorough analysis of consumer data...

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(HU) Megvannak az első Fenntarthatóság Szimbóluma verseny nyertesei

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AM: 160 thousand tons of watermelons were produced this year

This year, 160 thousand tons of watermelons were produced, “only” ten thousand tons less than last year, while the production area decreased by twenty percent – the Deputy State Secretary...

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KSH: GDP fell by 13.6 percent in the second quarter

Gross domestic product (GDP) fell 13.6 percent year-over-year in the second quarter. According to the seasonally and calendar-adjusted data, the performance of the economy decreased by 13.5 percent compared to...

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Analysts: economic growth indicators may significantly improve in the third quarter

Seeing the breakdown of gross domestic product (GDP) in the second quarter released on Tuesday, analysts told MTI that they look to the next quarter with cautious optimism. They expect...

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