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German retail sales were weaker than expected in December
German retail sales underperformed analysts’ expectations in December, year-on-year and month-on-month. The German Federal Bureau of Statistics, Destatis, announced on Friday that retail sales grew 0.8 percent year-over-year in December,...
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Euro area GDP grew less than expected
Euro area’s gross domestic product (GDP) grew less than expected in the fourth quarter, compared with the previous three months. The European Union’s Bureau of Statistics (Eurostat) first released estimates...
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Swiss watch exports increased
Switzerland’s watch exports rose year-on-year in December, partly due to the expanding Chinese demand, as well as being one working day more in the last month of last year, compared...
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Bye-bye sugar: When the goodbye is sweet
In 2018 there was 950 million litres of carbonated soft drink sold in Hungary (including flavoured waters and ice teas), which stands for more than 38 percent of total non-alcoholic...
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Major alcohol companies to introduce age-restriction labels
Liquor giants have pledged on Tuesday to introduce age-restriction labels and enforce tighter controls on online content to help curb underage drinking. Twelve of the major beer, wine and spirits...
Read moreIKEA: New Convenience Service
Ikea has announced it is expanding its home assembly service across 27 sites in the UK in a bid to offer customers a more convenient shopping experience. The Swedish DIY...
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The Food Bank rescued 11 thousand tonnes of food last year
About 11,000 tonnes of food were saved from destruction and delivered to the needy last year by the Hungarian Food Bank Association – the organization announced on Thursday. As reported,...
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Analysts: further employment growth faces barriers
Labor market expansion is increasingly constrained. Expanding training opportunities and further development of vocational trainings are essential for the continued involvement of the public, the unemployed and the inactive –...
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Ten countries restrict Hungarian poultry exports already
The number of countries that have restricted Hungarian poultry imports due to highly pathogenic avian influenza has continued to rise in recent days – mfor.hu wrote. On 12 January, Nébih...
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The eighth Chocolate Carnival of Pécs awaits the visitors with twenty programs
The eighth Chocolate Carnival of Pécs awaits visitors with edible attractions, a 3D printer made of chocolate, a chocolate fountain, professional presentations, children’s toys, exhibitions and presentations next weekend. The...
Read moreIntrum: consumer sentiment has slightly worsened in our continent
Almost half of those surveyed in EU Member States believe that their financial balance has deteriorated and that the future is increasingly uncertain, compared to last year, according to an...
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The economic sentiment in the euro area and the EU improved in January
The euro area economic sentiment rose to a five-month high in January and a seven-month high in the European Union, according to a report released by the European Commission’s Directorate-General...
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Ferrero Achieves WWF Recognition For Palm Oil Sustainability
Ferrero has placed first in the WWF’s Palm Oil Buyers Scorecard, which evaluates global companies in terms of their support for sustainable palm oil. With a score of 21.5 out...
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Future Store – This year between 4 and 6 February! Visit us and participate in the guided tour!
In the store of the future modern, innovative products and technologies are introduced – solutions that set the innovation directions for the next few years. This newsletter focuses on four...
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The Consumer Behavior Research Center started its operation at the University of Pécs
The Consumer Behavior Research Center started its operation at the University of Pécs. Among other things, an eye-tracking camera built into glasses helps researchers – the Faculty of Economics at...
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KSH increased its employment by 38 thousand in the fourth quarter
In the third quarter of October-December last year, ie in the fourth quarter, the average number of employees was 4 million 520 thousand, 38 thousand more than a year before....
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Bag rental instead of nylon bag
More and more people in Hungary are saying no to the use of disposable plastic bags in the spirit of environmental awareness. It was on this basis that the “don’t...
Read moreThere may be a serious rise in vegetable prices
In Spain last week, heavy storms were raging. Agricultural equipment were destroyed at a large area, suggesting that they will not be able to supply Europe with vegetables in the...
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There is life beyond cash and credit card!
Means of payment have been a part of humanity’s everyday life for thousands of years. From barter to money, we quickly made money by credit and debit card payments in...
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Kovács Zoltán is expecting at least one million visitors for next year’s World Hunting Exhibition
At least one million visitors are expected to attend the 2021 World Hunting Exhibition, which will be held at four countryside locations next to Budapest next fall – Kovács Zoltán,...
Read moreThe price of arabica coffee fluctuates sharply
According to a report of Világgazdaság, the price of arabica coffee is on a real roller coaster, having risen from a 13-year low last year to 20 percent in the...
Read moreGfK’s German consumer sentiment index improved unexpectedly
For February, consumer sentiment in Germany has improved unexpectedly, according to the results of a January survey conducted by the GfK (Growth from Knowledge) economic research institute in Nuremberg. For...
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Rewe Group Introduces Avocado Coating To Extend Shelf Life
Rewe Group has announced it is testing a new fructose-based coating on its avocados, which it says can increase the shelf life of said products by eight days. The group...
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Instacart gets into ready-to-eat food deliveries with build your own sub service
Grocery picking service Instacart is dabbling with on-demand food delivery, announcing the launch in Florida of a pre-made meals delivery option that shoppers can tag onto a bigger supermarket order....
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Starbucks: new environmental plan means more plant-based dishes on menus
Starbucks has announced a renewed focus on sustainability that marks a step-change for the company and includes expanding plant-based menu options. Following a global assessment of the carbon, waste and...
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Future Store – This year between 4 and 6 February! Visit us and participate in the guided tour!
In the store of the future many companies focus on sustainability trends too. Today’s newsletter introduces the in-store presence of four of them: Henkel, Nestlé, Essity and Coca-Cola. At the...
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The Sirha Budapest International Food Exhibition will be held between February 4-6
The Sirha International Food and HoRaCe Trade Fair will be held in Budapest between February 4-6 will present more than 300 exhibitors – Ganzer Gábor, CEO of Hungexpo Zrt. announced...
Read moreWinelovers Grand – More than eight hundred wines at the year start tasting
Over 800 Hungarian and foreign wines, Furmint Hall, as well as master classes and lectures await the visitors to the Winelovers Grand Wine Tasting on Saturday to the Corinthia Hotel...
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AGROmashEXPO has brought eight and a half billion forints to the Savings Bank
More than 200 inquiries and 8.5 billion forints of claims have been arrived for Takarékbank’s preferential machine financing facility, which was developed for AGROmashEXPO – the agricultural trade fair –...
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