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Handbags were popular on Mother’s Day
According to a new survey by Loop Commerce, many shoppers opt for handbags and purses as a Mother’s Day gift. Loop Commerce analysed sales data from Macy’s, Saks Fifth Avenue,...
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Industry 4.0: data-driven manufacturing is already here
IT makes the production process more efficient. At the beginning of the fourth industrial revolution digital solutions need to be considered in manufacturing too. Industrial machines now have their digital twins, and...
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Smart homes is a possibility
Research by Accenture has found that the time of smart homes hasn’t come yet, but they will spread soon. The Internet of Things (IoT) will create new growth opportunities for communication...
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Parliament gives green light to tax package
The Hungarian parliament has given a green light to the 2018 tax package. The VAT on internet services reduces by 13 percentage points to 5 percent – this step will leave...
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France, a culinary stronghold
French cuisine is characterised by lighter, lower-calorie dishes than traditional Hungarian cuisine. All over the world the French are famous for their sophisticated culinary culture and their attraction to special dishes. French...
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Higher-income families are more intense private label buyers
According to the Private Labels Analysis report of GfK, the share of private label products in total FMCG sales grew by 1 percentage point to 25 percent last year, primarily...
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Retail sales jumped 3.2 percent in April
In April 2017 like-for-like retail volume sales augmented by 3.2 percent; adjusted for calendar effects, the sales growth was 1.7 percent – reported the Central Statistical Office (KSH). Food and...
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Above-average food price increase in May
According to data from the Central Statistical Office (KSH), in May 2017 consumer prices were 2.1 percent higher on average than a year before. In comparison with May 2016, food...
Read moreKSH: Retail sales increased by 6 percent
The volume of retail sales turnover grew by 6.0 percent according to the raw data. Calendar effect adjusted, the increase was 5.4 percent in May compared to the same period...
Read moreFazekas: Turkish export is a good opportunity for Hungarian farmers
In particular, Turkey is a good market for cattle exports, but on the basis of recent meetings it is possible to build Hungarian slaughterhouses in Turkey in the form of...
Read moreK&H: the confidence of Hungarian companies decreased slightly
The confidence of the micro, small and medium-sized enterprises (SMEs) has weakened slightly, the K&H SME confidence index reflecting the companies’ expectations for a year now is down by two...
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A Kosher slaughterhouse was handed over in Csengele
The slaughterhouse was inaugurated by the Israeli Chief Rabbi and the Minister of Agriculture. The plant will provide jobs to 260 people. The new facility will primarily produce for export...
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The growth in the economic performance of the euro area has slowed
The growth in the economic performance of the euro area slowed in June, according to a survey by the IHS Markit Economics Research Institute carried out among Enterprise Purchasing Managers....
Read moreGermany has a positive attitude towards the Silk Road Initiative
Germany has a positive attitude towards China’s Silk Road Economic Zone initiative and can take part in its implementation – said German Chancellor Angela Merkel on Wednesday after meeting with...
Read moreCisco: data traffic can be tripled within a few years
Earth’s Internet data traffic can be tripled to 3.3 zetabytes, ie nearly 3,000 billion gigabytes by 2021, and the world wide web will have more than 4.5 billion users, so...
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Automation is key in becoming more efficient
WebEye Telematics Group collects data on vehicles, drivers, trailers and cargo and analyses them, so that freight forwarders can increase their efficiency. Károly Deszpot, managing director of WebEye Magyarország Kft....
Read moreA disadvantage for foreign freight forwarders
In March the German parliament gave a green light to a law, according to which drivers aren’t allowed to stay in their truck for their 45-hour rest period. MEP Andor...
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Agrarian Chamber: The grilling market is developing dynamically in Hungary
The grilling market in Hungary is developing dynamically, and producers have also reacted to this trend, as semi-finished and ready-made products for grilling have appeared on the Hungarian market, Györffy...
Read moreAgrarian Chamber: average yield is expected this year
This year, average yield is expected, but the yield will drop appreciably compared to last year, as farmers are unlikely to repeat last year’s highs – Győrffy Balázs, president of...
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The European Parliament argued for the production of longer-life products
Members of the European Parliament (MEP) at the plenary session in Strasbourg on Tuesday introduced arguments for introducing of longer-life products. The MEPs underlined that 77 percent of European consumers...
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(HU) GKI: Kik a vesztesek? – Jövedelemarányok változása Magyarországon 2010 óta
Sorry, this entry is only available in HU....
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MNB: households took more loans than repaid, companies were net credit repayers in May
Households took more loans than they repaid in May, but companies were net credit repayers and deposits in both sectors grew according to seasonally adjusted data, published on Tuesday by...
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Fruit-genebank is in danger
The pomological research station in Érd is in danger, because of the establishing of an industrial park. According the ombudsman, the research station must remain at its original place in...
Read moreHENT: Mapping the Real Routes of Tr ade in Fake Goods
You may read the entire report if you click here: http://euipo.europa.eu/tunnel-web/secure/webdav/guest/document_library/observatory/documents/reports/Mapping_the_Real_Routes_of_Trade_in_Fake_Goods_en.pdf...
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Magazine: Retail trends from a market researcher’s perspective
At the April meeting of the Trade Marketing Club the directors of Nielsen and GfK spoke to club members about the FMCG retail trends of 2016, analysing retailers, categories, brands...
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The Nébih has started the summer seasonal food chain check
Summer Seasonal Food Chain Check has begun: Between July 1 and August 31, the National Food Chain Safety Agency (Nébih) and the regional food chain supervisors specialists focus on food...
Read moreA good season for sour cherry
The sour cherry harvest has begun at the largest Békés County grower. Pusztai József, Managing Director of the Hunapfel Kft. is expecting a good season. Pusztai József told MTI on...
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The FruitVeB is expecting an outstanding melon yield
The melon yield is expected to be very good, according to the FruitVeB Hungarian Vegetable Fruit Interprofessional Organization and Product Council. Domján Erika told M1 news channel on Saturday that...
Read moreChamber of Agriculture: the long-term water shortage period was announced
The Minister of Interior promulgated the long-term water shortage period on the initiative of the National Chamber of Agriculture (NAK) on the territory of the whole country from the 1st...
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The Purchasing Manager Index has increased slightly
The seasonally adjusted purchasing manager index (PMI) in June was 57.2, according to which the respondents reported more favorable processes than the previous month – the Hungarian Logistics, Purchasing and...
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