Tag "kiskereskedelem"
Romanian retail trade expands despite austerity measures
Romania’s retail sales rose 4.5 percent year-on-year in July, according to data adjusted for calendar effects, the country’s statistics office said. The increase came despite the country’s parliament recently passing...
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Retail sales growth accelerated in Poland in July
Poland’s retail sales growth accelerated more than expected in July on an annual basis. Retail sales rose 4.8 percent year-on-year in July after a 2.1 percent increase in June, the...
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New momentum in start-ups, but the decline in the number of companies has not stopped yet
A new wave of company formations hit the business sector in July, yet the long-term decline continues. Consumption is strengthening, but the weakness of the production sectors is hindering recovery....
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Three counties where Christmas is not the peak: retail trade is booming in the summer
Nationally, December is the peak month for retail: the holiday season and Black Friday push turnover 15–20% above the annual average, with Budapest seeing up to +25%. However, Somogy, Veszprém...
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K&H Analyst Commentary: Retail awaits greater momentum
May was quite bad in stores, especially in food stores, but retail sales are still growing. In May this year, the volume of retail sales, i.e. quantitative sales, increased by...
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István Nagy: Hungarian melon season starts with good quality melons
Compared to last year, the volume of melon imports has decreased by 51 percent, which means that melon growers can meet domestic demand and can also export – the Minister...
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The consumer protection authority also checks watermelons during the summer period
The National Trade and Consumer Protection Authority (NKFH) and experts from government agencies are checking the quality of watermelons and the markings on the packaging and at points of sale...
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OKSZ on inflation: We don’t do this!
Compared to April, food prices rose by 0.6 percent in May despite the margin freeze, the Central Statistical Office (KSH) reported. According to data from the National Trade Association, prices...
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Barcodes are being replaced after half a century
A new era in retail is about to begin: the GS1 standard QR codes will be introduced worldwide to replace traditional barcodes. The new two-dimensional codes carry more and more...
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Drugstore price cuts could come from mid-May: prices may be reduced in 30 product categories
The Hungarian government is planning to introduce a new markup reduction affecting 30 categories of household goods, which could lead to price drops of 16–18% from mid-May, according to a...
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Consumers can find a rich selection of vegetables in the period before Easter
Domestic stores await customers with a rich selection of vegetables, and domestically grown spring onions, radishes and lettuce can also be the jewel of the Easter table. According to the...
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We spend much less at Easter than at Christmas, but still 30% more than on a big shopping spree
Holiday seasons are usually always strong periods in retail, including Easter. Although we spend about 30% less than Christmas, we spend the same amount more than on an average large...
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Easter shopping: demand may increase, in addition to ham, pistachio chocolate rabbits are also coming
Easter could bring strong sales in retail this year – according to Auchan, not only the festive atmosphere, but also the margin cap could stimulate the desire to buy. Classic...
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Retail turnover accelerated on an annual basis, but fell compared to February – sector outlook
As expected, weaker data came from stores: retail sales decreased by 0.6% in February compared to January, while there was an annual increase of 3.3%. On a fixed basis, we...
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GKI analysis: margin cap – a lifeline for customers, a shackle for the market
Based on the announcement of Minister Márton Nagy, in March 2025 the Hungarian government introduced a new measure, a margin freeze, on certain basic foodstuffs with the aim of curbing...
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Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain food products from March 17 – for the time being until May 31 – according to which the margin of...
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January was surprisingly good for retail
Compared to the weak end of the year, retail sales increased by 2.2%, which is a very high monthly change. This can be attributed mostly to the non-food category, as...
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Consumer protection conducted an inspection at the Lehel Square market
Consumer protection authorities conducted an inspection at the Lehel Square market: expired food and hygiene problems were found – the authority told MTI. According to the statement, employees of the...
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This year will truly be the year of data management
Although inflationary pressures eased a bit in 2024, consumers have become so good at saving that it is now a permanent factor influencing consumer behaviour. The big question now is...
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Retail is growing stronger: where and how much do Hungarians earn and spend?
Hungarian retail is gradually strengthening, but according to the data, there are still significant differences in earnings and spending between the country’s regions. In the first nine months of 2024,...
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KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased by 3.7 percent according to raw data, and by 4.1 percent adjusted for calendar effects, compared to the same period...
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MNB: inflation will rise temporarily, but may remain within the three percent range in 2025
Inflation in Hungary will rise temporarily in the coming months, but will mostly remain within the 3 percent target range for the whole of 2025; from the second half of...
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EuroCIS 2025: Serious interest in the retail technology trade fair
Amazon and TikTok recently signed an agreement that will allow users to buy Amazon products directly within the app. The collaboration is expected to boost the “social shopping” market and...
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KSH: retail turnover exceeded the same period of the previous year by 3.6 percent and the previous month by 1.2 percent
In October, the volume of retail trade turnover exceeded the same period of the previous year by 4.0 percent according to raw data, or 3.6 percent adjusted for calendar effects,...
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One of the main drivers of domestic retail is the pharmaceutical trade
The pharmaceutical industry is a very important industry in the Hungarian economy, emphasized Minister of National Economy Márton Nagy in his opening speech at the conference organized by the Hungarian...
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Consumption could recover in 2025
At the end of August the Equilibrium Institute published its quarterly macroeconomic report and PwC partner Gábor Farkas discussed the main points with Ákos Kozák, economic research director of the...
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The share of EU retail spending continues to fall: report from GfK
According to the latest study by GfK, the proportion of retail spending in the European Union has decreased for two consecutive years, despite the fact that purchasing power and retail...
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Thousands of sales assistants will be missing from the German retail sector by 2027
The German food retail sector will be facing a massive shortage of skilled labour by 2027, particularly in sales. According to a study by the German Economic Institute, thousands of...
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In Poland, industrial production increased and the decline in producer prices slowed in June on an annual basis
In Poland, against the expected decrease, industrial production increased year-on-year in June, when the decrease in producer prices slowed down more than expected, according to the report of the Polish...
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Climate Policy Institute: climate change may cause food prices to rise further
Climate change has a significant impact on the world’s agriculture, the environmental changes together can cause further permanent food inflation in the future, which can be prevented by adaptation, modernization...
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