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Retail sales in the euro area fell with a record high in April

Retail sales in the euro area declined less than expected, but still at record levels, in April, when virtually all commodity sales fell as a result of severe restrictions due...

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Employment in the United States grew significantly in May

Contrary to analysts’ expectations, the number of employees in the United States did not fall, but rose sharply in May, when the economy partially rebounded in parallel with the easing...

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Spending at shops fell by thirds in Budapest

In April 2020, though, the earnings are highest here. True, most infected people also live here. In Nógrád county, the decline was only 2%. In Budapest in April 2020, the...

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Shops and borders are opening, and shopping tourism may just begin

According to recent statistics, Hungarian shopping tourists kept going on shopping trips until the last moment in early 2020. And they are likely to continue their march after the border...

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Vietnam Rice Export Prices Scale Eight-Year Peak As Rains Hamper Harvest

Vietnamese rice export prices hit their highest in more than eight years as traders struggled to meet rising demand and heavy rains hampered harvest in the Mekong Delta. Rates for...

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Adidas and Allbirds team up to reduce footwear industry’s carbon footprint

Adidas and shoes retailer Allbirds have teamed up to launch a project to accelerate solutions in reducing the 700M metric tons of carbon dioxide emitted by the footwear industry each...

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“Race to Zero”: Nestlé supports acceleration of resilient zero-carbon recovery

Nestlé has joined “Race to Zero,” a global campaign that seeks to mobilize leadership and support from businesses, cities, regions and investors for a healthy and resilient zero-carbon recovery in...

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Scandals in marketing

The traditional June TMK grill party was held online on June 4, 2020. The exciting topic was explained by well-known and recognized experts in the field, Ildikó Fazekas (ÖRT), Zsófia...

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KSH: retail sales decreased by 10.2 percent in April

In April, the turnover of retail stores decreased by 10.2 percent, according to both raw and calendar-adjusted data, compared to the same period of the previous year – the Central...

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OKSZ: the Pentecostal trade turnover exceeded the Easter turnover

In the days before Pentecost, retail traffic picked up compared to the past and compared to Easter, but it can only regain its former momentum in the fourth quarter –...

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Melon growers have reason to be optimistic despite the post-Easter frosts

The frosts after Easter decimated the watermelon plantations, but the farmers replanted, and so there is already reason to be optimistic about the melon production – Göcző Mátyás, president of...

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No real change in terms of spending

Overall, as a year earlier, in terms of magnitude. Only just in March more because we patted, but in April already less. And 133 billion more for vital goods and...

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The government has won another special tax lawsuit in the European Court of Justice

The European Court of Justice today announced its second-instance judgment in a joint lawsuit of two Hungarian special taxes. In this lawsuit, the Hungarian government attacked that one of the...

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Health workers received ten thousand servings of game

Ten thousand portions of game meat were offered and delivered to health workers across the country by forestry companies authorized to hunt during the coronavirus pandemic – the head of...

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The construction industry factored the most during the pandemic

While factoring companies have seen a decline in several sectors, interest in financial services has tripled in the construction and food trade. Most businesses opted for factoring, citing the economic...

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FAO: food prices are low

International food prices are at a low point, while the first forecasts are about outstanding grain production, trade and consumption – according to the recent statement of the World Food...

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Fitch: global fiscal stimulus on unprecedented levels

Budgetary stimulus programs to mitigate the effects of the coronavirus pandemic on the world economy are on an unprecedented scale in modern economic history, and their value already far exceeds...

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Markit survey: recession eased in eurozone in May, way to recovery

Economic performance in the euro area continued to decline sharply in May, according to a survey by the London-based Financial and Economic Reporting Group IHS Markit, and although there are...

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Cholesterol levels are falling in Western countries, but it is growing among the population of Asia

Cholesterol levels in Western countries are falling sharply, but increases a mong the population of low- and middle-income nations, especially in Asia, according to the largest research to date on...

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Fidelity: Lessons from the first quarter of 2020

Now that the first quarter reporting period is largely over, it is time to draw lessons from the data published by companies and their impact on the longer-term outlook. Fidelity...

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The logistics profession is proposing a ten-point package of government measures

The Association of Hungarian Logistics Service Centers (MLSZKSZ) has prepared a ten-point package of proposals and submitted it to the government in order to solve the growing problems in the...

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Shopkeeper payrolls already in March

The coronavirus also bitten the shopkeeper’s payroll. The salaries of the perfume shop and the food sellers jumped in March – blokkk.com wrote. It has previously been observed that shopkeeper...

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Where crisis is an opportunity: two-thirds of Hungarian decision-makers would continue to navigate through digital transformation

According to their own statements, 50 percent of domestic companies are not affected at all or only slightly by the crisis caused by the coronavirus, and a fifth are explicitly...

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KSH: The complete census on agriculture will begin on Friday

The agricultural census of the Central Statistical Office (KSH), the Agricultural Census 2020, will start with an online filling phase on Friday, the KSH told MTI on Wednesday. According to...

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Superfood for every day – but how

We’ve heard a lot about so-called superfoods in recent years – some say it’s just a term coined by skillful marketers, while others see it as the secret to a...

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The well moratorium was extended with three years

Until the end of 2023, the Government has extended the deadline for the fine-free survival of illegal wells, which expires on 31 December 2020. The National Chamber of Agriculture recommends...

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French stayed stylish in the pandemic

POPAI and Shop!* chapters keep in touch and the member organizations are constantly informing each other about the consequences of the virus situation, with particular regard to the development of...

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