OKSZ calls for the reduction of VAT

According to the National Trade Association (OKSZ); the higher inflation is the main, that domestic consumption has not followed the growth of GDP in the first-quarter of 2011. The OKSZ believes that the VAT reduction on food could be a positive step to support the expansion.

According to the National Trade Association (OKSZ); in the first half of 2011 commercial consumption will fluctuate, because of the price changes. With the decline of inflation, which there is hope at also fuels the food, consumption can increase. The cafeteria and the annual income tax rate changes can also enhance the growth of consumption on an annual basis – reports Magyar Nemzet Online, after MTI.