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The retail sales of the euro area declined in October
Compared to the previous month, retail sales in the euro area declined with the largest extent of the past four years in October – the European Union’s statistical office Eurostat...
Read moreCarpathian Basin village economist program to be started
The government has adopted the Carpathian Basin village economist program, which will increase the number of village economists in the Carpathian Basin from 41 to 100, the Minister of Agriculture...
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What do you put your name on?
According to Ferenc Keresztesi, managing director of Present Store Kft., every company – be it small or large – needs to use promotional gifts to make sure that they are...
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Retail sales grew by 6.3 percent in October
In October, the volume of retail sales grew by 6.3 percent, according to the raw and calendar-affected data, according to the first estimate of the Central Statistical Office (KSH) published...
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The turnover of the domestic sweets market is around 180 billion forints annually
The turnover of the domestic sweets market is about 180 billion HUF annually – the Association of Hungarian Candy Manufacturers told MTI. Sánta Sándor, president of the Hungarian Confectionery Manufacturers...
Read moreThe world’s coffee exports broke record
In the 2016/17 season, world coffee exports broke record, and stocks have risen to 8-year high in the importing countries, according to the ICO (International Coffee Organization). Global coffee exports...
Read moreKSH: Third-quarter GDP data rose to 3.9 percent
Referring primarily to the better-than-expected performance of market services, the Central Statistical Office (KSH) raised its third quarter growth data of the gross domestic product by 0.3 percentage points to...
Read moreBormedence 2017: Tasting of wines from the Carpathian Basin in Budapest
In addition to the wine-growing regions in Hungary, the producers of seven wine-growing regions beyond the border will be also showcased at the Bormedence 2017 Carpathian Basin wine tasting in...
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Hungarian businesses signed a deal worth more than 220 million HUF after the Agrosalon trade show in Nitra
More than 220 million HUF worth of deals have been made by Hungarian companies at one of the most prominent agricultural and agro-industry exhibitions of Slovakia at the Agrosalon in...
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European Commission: the Makó Parsley Root also receives a protected geographical indication
The European Union has approved that the Makó parsley root should also be protected as a protected geographical indication (ofj) – the European Commission said on Tuesday. The Geographical Indication...
Read moreThe pace of increase in consumer prices has slowed down in the OECD countries
Due to a more moderate increase in energy and food prices, the pace of increase in consumer prices has slowed down in the member states of the Organization for Economic...
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Magazine: A new era in everyday shopping
Data measured by Nielsen reveals that the Hungarian consumer confidence index has never been this high since 2009, there is a record-low unemployment level and the GDP has increased. Sales...
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GKI: Foundations of economic growth should be established now
Trends in the Hungarian economy of the first half of the year have continued in the past few months. Although the 3.8 per cent GDP growth in the third quarter...
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Most of the Hungarian families are over-spending at Christmas
Nearly 40 percent of Hungarians feel they spend more on Christmas gifts than they could do, but they typically do not finance them from loans – according to Intrum Justitia’s...
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Trade Association: the Black Friday action does not affect the December gift purchase badly
Many people anticipated the end of the year purchase during the Black Friday in November,but this will not make December spendings lower – Vámos György, Secretary-General of the National Trade...
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FM: winter seasonal food chain control lasts until the end of the year
The nationwide winter seasonal food chain control takes place from 1 December to the end of the year – Zsigó Róbert, Minister of State of the Ministry of Agriculture (FM)...
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(HU) Jelentkezzen a Sirha Budapest 2018 Innovációs termékversenyére
Sorry, this entry is only available in HU....
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German Chamber: a rise in Hungarian wages is expected next year
According to international companies operating in Hungary, in 2018, Hungarian wages are expected to rise further, because wage continues to be a determining factor in the competition for skilled labor...
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MNB: The financial situation of households and companies improved in October
In October, households repayed more loans than they incurred and increased their deposits by a significant amount, and companies received less credit for the third month than savings were placed...
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Almost a thousand products from about two hundred producers bear the National Park Product trademark
Nearly a thousand products of about two hundred producers bear the National Park Product trademark, which was launched by the government in 2011 to acknowledge local products – was said...
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Horticulture can calculate with a 90-billion-forint funding
From the HUF 1,300-billion rural development budget HUF 90 billion will be granted to horticulture enterprises. The money can be invested in building greenhouses and cold storage facilities or in buying...
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The Night of Modern Factories programme was popular
More than 2,000 people participated in the The Night of Modern Factories programme on 17 November. On this evening 24 factories opened their gates to visitors, who had the chance to...
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Frozen desserts from Nádudvari
Nádudvari Food Kft. has started selling a frozen dessert product line, called ‘Nádudvari Dumplings’. The dessert is available in six flavours: cottage cheese dumplings, plum-filled and cottage cheese-filled dumplings, hazelnut cream-filled dumplings,...
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Retail trade: sales may pass the 10,000-billion threshold this year
On 7 November Europe’s Day in Commerce was organised for the 13th time in Hungary. It was told that after many years of dynamic development, sales may reach the HUF 10,000 billion...
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Supertruck turns roads into information highways
One of the biggest stars at the Bosch Mobility Experience 2017 event was the 40-ton smart truck VisionX. The trucks of the future will have online connection, will be powered by...
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Nielsen chart of the month
Sales of the following food and drug categories produced the biggest like-for-like growth (in value) in Hungarian retail between October 2016 and September 2017. //...
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Value-based segmentation and data enrichment
The 18-49 age group is the most frequently used brand communication target group. However, this target group definition lacks features and characteristics that can help in forming a more precise...
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