The excise tax increase may appear in consumer prices

According to traders; the government's intention to increase taxes is moderate, but the increase in excise duty willentirety appear in consumer prices.

It is excluded that the trade could swallow the impacts of the excise tax increases. The traders could only leave the prices unchanged beside roaring turnover, but in food retailing a continuous fall in turnover is detected for four years – said Vámos György, Secretary-General of the National Trade Association (OKSZ) – reports Népszabadság Online.