The Hungarian National Trade Association takes action against food inflation
Without the cooperation of food manufacturing and supplying companies, the retail sector cannot significantly influence inflationary trends, which is why they are rejecting the price increase initiatives currently announced by suppliers for several product groups in order to curb the rise in prices of products. They also intend to review the currently valid supplier prices and price levels, the Hungarian National Trade Association, which represents a significant proportion of Hungarian businesses engaged in retail activities, informed MTI on Thursday.
In its statement, the association stated that it fully agrees with and supports the government’s intention that every step must be taken to protect Hungarian families from food inflation.
Hungarian trade actors are ready to do everything they can to use their full scope and promote the establishment of the most favorable consumer price level for the population with permanently low prices and extremely broad promotions, they promised.
The association expressed confidence that, together with suppliers, thanks to broad cooperation, they can take effective steps to curb food price increases and thus significantly contribute to reducing food inflation.
Related news
KSH: the number of guests (1.4 million) in tourist accommodation establishments increased by 17 percent and the number of guest nights (3.4 million) by 16 percent compared to a year earlier in April
In April 2025, 1.4 million guests spent 3.4 million guest…
Read more >Prices of most dairy products decreased in April
According to AKI PÁIR data, the national average producer price…
Read more >Márton Nagy: in the long term, we must return to investment-based economic growth
In the long term, we must return to investment-based economic…
Read more >Related news
A new era in the global economy? – New challenges for our country
May 2025 brought an acceleration of change in the global…
Read more >This is how you can keep your hair and skin healthy during the approaching summer heatwave
Styling, dyeing and blow-drying can all weaken the internal structure…
Read more >New cycle, stable operation, unchanged direction – ÖRT management has received trust
The General Assembly of the Hungarian Self-Regulatory Advertising Board (ÖRT)…
Read more >