Pork consumption increased as a result of VAT cuts
Pig meat consumption increased by about 2.2 kg per capita in Hungary per person according to the data of the Central Statistical Office (KSH). The increase in consumption is mainly due to the VAT cuts.
Fazekas Sándor said: as a result of a 10 percent increase since 2016, pork consumption is an average of 23 to 25 kilograms. This growth can also be linked to the increasing income of the population and the increase in minimum wages. (MTI)
Related news
Live pig exports increased by 71 percent
According to the KSH data, Hungary’s live pig exports increased…
Read more >The taxed profit of Kometa’99 increased last year
The net sales of the majority-owned Italian Kometa’99 Zrt. last…
Read more >Meats are becoming more expensive: the rise in cost prices and the difficulties faced by processors are in the background
The rise in the price of meat poses serious challenges…
Read more >Related news
The global food price decline has stopped
In recent months, global food markets have shown only minor…
Read more >Surprising price drop in the Hungarian pensioners’ price basket
According to the May data of the Mfor Pensioners’ Price…
Read more >A cashier-free shop sells gastronomic products from catch-up settlements
Currently, the country’s only fully automated store operating without a…
Read more >