After the end of the price cap, a large increase in food prices is still expected this year

By: Trademagazin Date: 2023. 02. 13. 12:42

The guests of ATV Start were Katalin Neubauer, Secretary General, Hungarian National Trade Association and András Máhr, Deputy Secretary General, National Association of Agricultural Cooperatives and Producers, and the topic is the market distorting effects of the food price freeze.

András Máhr, the deputy general secretary of the National Association of Agricultural Cooperatives and Producers, told ATV Híradó:

“If the price cap is lifted, customers will notice a sudden price increase for most products, the only thing that could be different for milk. It should end now, it’s not good for anyone. It’s not good for the economy, because it’s causing a complete market disturbance today, it’s not good for the consumer, because it misleads them, and I’m also afraid that they will pay multiple times the price of the price cap. And it’s definitely not good for the producers, because now there are market disturbances”

András Máhr told ATV Híradó.

The general secretary of the Hungarian National Trade Association, Katalin Neubauer, also shares this opinion, who emphasized that it would be very important for normal market operation to return, because it would result in a better situation for all consumers.