Trademagazin > News and articles > Market News > Prices in German online retail stores did not include reduced VAT
Prices in German online retail stores did not include reduced VAT
Online retail stores in Germany hardly pass on reduced VAT to their customers as part of the business package, according to a survey conducted by the Idealo comparison portal for Welt am Sonntag.
According to the survey, the prices of the 100 retail portals in Germany with the highest turnover fell by an average of 0.77 percent in early July compared to the previous month. Of the 100 portals, 78 reduced their prices, of which only 8 portals by more than two percent. (MTI)
Related news
Margin freeze versus VAT reduction: a solution to inflation or a field for political debate?
The government has been implementing a margin freeze since mid-March,…
Read more >Wholesale price growth in Germany slowed on a monthly basis, but accelerated on an annual basis in February
In Germany, wholesale price growth slowed down on a monthly…
Read more >The Nutriment Company buys German pet-food business BAF
Acquisitive pet-food group The Nutriment Company has acquired BAF Petfood…
Read more >
More related news >
Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >China’s retail sales skyrocket in the first two months of the year
China’s industrial output grew 5.9 percent year-on-year in the first…
Read more >