The BKIK welcomes the Government’s decision to end the compulsory promotions required for shops from July 1
The Budapest Chamber of Commerce and Industry, in agreement with several professional organizations, has already recommended that the Government not extend its decree 162/2023 (V.5.) on the mandatory promotion valid until June 30, 2024, because its maintenance has become obsolete.
In justifying its proposal, the BKIK referred to the fact that the government’s anti-inflation intention, which served as the reason for the introduction of the mandatory campaign, has been realized, since inflation has been stable below 4% since January 2024.
BKIK noted that the effective operation of the introduced online price monitoring system can effectively and permanently maintain the competitive situation in the future, therefore it recommends that in the future the appearance in the online price monitoring system should also be supported for smaller shops, and the online price monitoring system offered its cooperation in its further development and promotion as a “positive brand”.
Related news
Confectioner Trade Day 2025
On 5 May the Hungarian Confectioners’ Craft Union (MCI) held…
Read more >CSR Hungary: awards for the best
For the 17th time the Hungarian Business Responsibility Award, the…
Read more >New Guinness record: 112-meter Dobos Cake made!
The teachers and pastry students of the Budapest Economic Vocational…
Read more >Related news
Producer prices in the euro area and the European Union increased in June, both month-on-month and year-on-year
Producer prices in the eurozone and the European Union rose…
Read more >Significant simplification: up to 57% reduction in the number of data points in corporate sustainability reports
The EFRAG draft will bring significant simplifications to the ESRS…
Read more >On average, prices at the Auchan school supplies fair did not increase compared to last year
The school supplies fair has begun at Auchan, where customers…
Read more >