Meat Market Changes
The domestic pig breeding is supported with high amounts for the fifth year and now the government is eager to favor the consumers.
As a part of the domestic pig breeding program, the government plans to reduce the Value Added Tax (VAT) on pig carcase meat to 22 percent. While previously the three million pig population was the goal, now the goal is to increase the livestock numbers to 7 million, increasing not only the exports but the domestic consumption as well. (by our colleague)
Related news
Solutions to soaring food prices: opposition proposals to reduce VAT and special taxes
In recent months, the debate over the drastic increase in…
Read more >Hungarian consortium working on new viral therapy innovation against swine flu
A Hungarian consortium is working on a new viral therapy…
Read more >VAT on gluten-free breads reduced in Spain
Following a ruling by the Supreme Court in Spain, the…
Read more >Related news
Márton Nagy: Retail turnover growth is currently in the 4-5 percent range
This year is the year of economic breakthrough, with growth…
Read more >Food industry sales prices rose by 6.1 percent
In February 2025, industrial producer prices exceeded those of the…
Read more >Real wages are rising, confidence is growing, retail sales are increasing
The dynamic increase in wages continued in January, Sándor Czomba,…
Read more >