GFM supports the proposal of the Economic Competition Authority to create an online price monitoring database
The President of the Economic Competition Authority initiated the creation of an online price monitoring database based on the experiences of the ongoing accelerated sectoral investigations in the food sector. On behalf of the Government, Minister of Economic Development Márton Nagy supports Balázs Csaba Rigó’s pro-competitive and inflation-reducing proposal. In order to implement it as soon as possible, the parties will establish a joint working group at the beginning of next week.
The rapid increase in food prices throughout Europe is causing difficulties for the population and all actors in economic life. Fighting inflation is therefore a common goal, in order to protect families, the economy and market competition, the competition authority and the Government must seize all possible means to fight inflation and reduce it to single digits by the end of the year.
The Economic Competition Authority is conducting several accelerated sectoral investigations in the food sector: on January 20, it began investigating the market of milk and milk products, and on February 8, the market of durable foods.
Related news
Is another food price increase expected soon?
In recent weeks, there has been some relief in terms…
Read more >Domestic businesses are planning cautiously but consciously – VOSZ Barometer business sentiment analysis – Q1 2024
Uncertainty is still strongly felt in the business mood of…
Read more >György Raskó: the purchase of basic foodstuffs is also a serious challenge for many Hungarian households
The serious problem of impoverishment is still noticeable among the…
Read more >Related news
About two million tons of food waste is produced in Hungary every year
The former president of the republic, János Áder, chairman of…
Read more >“To the bin with food waste” – the Nébih No Leftovers program announces a poster design competition
On the occasion of the Sustainability Theme Week, the program…
Read more >Rossmann is expanding with more than 200 stores
This year, the Rossmann drugstore chain will spend hundreds of…
Read more >