VAT reduction – cheaper bread and milk?

According to experts, the reduction of general sales tax on basic foodstuffs (VAT) does not take a significant price decrease.

The milk and bread’s turnover makes
up the 10 percent of the 3,000 billion HUF turnover of food trade
said Vámos György, Secretary General of the National Trade
Association.The 2 percent VAT reduction does not seem to be much, but
if one compare it to the 25 percent VAT, 7 percent the annual
difference is 6 billion HUF.