Despite the VAT cuts, the price of pork increased
Pork has been significantly cheaper over the last year, so more and more people hear that there is nothing to do with VAT cuts because they can not lower the price of the products. However, according to the data and our knowledge of economics, this is not true – agrarszektor.hu wrote.
In January last year the VAT on pork meat, and this year the price of poultry and eggs decreased from 27 percent to 5 percent. Since then, it has been repeatedly said that the decline has not, or just barely appeared in prices. (agrarszektor.hu)
Related news
The price of poultry and pork is rising sharply
According to the latest report of the AKI (Institute of…
Read more >The selling price of pork shoulder rose by 8 percent
According to KSH data, Hungary’s live pig exports increased by…
Read more >Goose and duck slaughter increased in 2023
Domestic slaughterhouses produced nearly 420,000 tons of pork, around 515,000…
Read more >Related news
BMI: Slower expansion in April
The seasonally adjusted April value of the Purchasing Manager Index…
Read more >7-Eleven teams up with Meituan to trial drone delivery
Global convenience store chain 7-Eleven announced that it has partnered…
Read more >PepsiCo sells interest in Serbian soft-drinks group Knjaz Miloš
Czech soft-drinks supplier Mattoni 1873 has acquired full control of…
Read more >