Economic Impact of Christmas Markets: Boost for Tourism and Retail Sectors Experiential spending in Europe, emerging during the pandemic, continues to be a feature. Christmas markets are a major attraction, attracting... 2024.12.03.
Irish Fashion Giant Primark Opens Its First Store in Budapest Today Primark international fashion department store will open its first Hungarian shop in Budapest on Tuesday, with a total investment of... 2024.05.28.
Video Shows How to Shop in Upcoming Unmanned Stores In a short time, up to 150 stores could be operating in Hungary without staff. There are many advantages to... 2024.05.17.
Chinese Temu Transforms E-commerce, with over a Million Hungarian Customers The steady decline in purchasing power over the past two years and the rise of Chinese e-commerce have meant that... 2024.05.08.
Competition Control Proceedings Launched against Temu’s European Operator Non-existent discounts, psychological pressure, and misleading green messages can be used by online marketplaces, the Hungarian Competition Authority (GVH) warned.... 2024.03.14.
Competition Authority Launches Investigations into Chinese Temu The Hungarian Competition Authority (GVH) is pursuing several notifications against the commercial practices of Chinese online marketplace Temu, reports Magyar... 2024.02.28.
Christmas Trees Are Not Any Cheaper This Year Based on Agroinform's information, 52 percent of shoppers plan to spend at least HUF 7,000 (EUR 18.4) on a Christmas... 2023.12.05.
Increasing Number of Shops Decide to Close on Christmas Eve Libri is one of the shops that will close all its Hungarian stores on December 24. The company is doing... 2023.12.05.
Families Are Spending Big: HUF 118,000 Is the Average Budget This Christmas Hungarians are planning to spend an average of HUF 118,000 (EUR 313) on Christmas this year, which is nearly 20... 2023.11.15.
Third of Hungarians Buy Their Christmas Presents during Black Friday Sales Half of Hungarians think that everyone buys products they do not need during the sales period, while only one in... 2023.10.31.
Are Groceries Cheaper in Neighboring Countries? Chicken breast for 3,000 forints (€7.75), cooking oil for 1,000 forints (€2.58), and eggs for almost 90 forints (23 euro... 2023.08.02.
New App to Improve Shopping Experience The e-receipt system could be operational in the near future. The term refers to a database that collects all Hungarian... 2023.08.02.
Mandatory Promotions in Supermarkets Seem to be Effective Based on the experience of the first day, the mandatory promotions for supermarkets launched on June 1 are working. Some... 2023.06.05.
Primark to Open First Store in Budapest The international fashion chain Primark is extremely popular with Hungarians, and soon they will no longer have to travel abroad... 2023.01.25.
Here Are the Salaries That Hungarians Aim For Most Hungarians (32 percent), would need a net monthly salary of 350,000–450,000 forints (EUR 870–1,120) to make a decent living,... 2023.01.11.
Shopping Tourism in Hungary Booming due to Weak Forint and Low Fuel Prices News site rtl.hu has put together a detailed compilation on the topic of "shopping tourism" in Hungary. Of course, this... 2022.05.12.
Steep Price Increase: Inflation of Groceries around 20% The inflation rate of groceries is certainly surpassing the official inflation data. Two recent analyses detected an inflation rate exceeding... 2022.05.09.
Aldi and Lidl Prices 12-15% Higher Than One Year Ago At the moment, customers have to pay 14.9% more in Aldi and 12.5% more in Lidl than one year ago,... 2022.01.12.
Most Grocery Stores Close Earlier Than Expected on December 24 Although the law allows stores to be open until 2 p.m. on December 24, stores in the largest grocery chains... 2021.12.20.
Hungary’s Retail Sales Growth Accelerates to 5.8% in September Retail sales in Hungary rose by an annual 5.8 percent in September, data released by the Central Statistical Office (KSH)... 2021.11.05.
Hungarians to Spend More on Christmas Presents This Year Compared to last year, Hungarians are planning to spend 25 percent more money on gifts. According to a recent study,... 2021.11.04.
