The Auchan gives the price advantage from the pork VAT to the customers
The VAT reduction on pork came into force on 1 January 2016. As a result, customers from January can buy the pork products 17.32% cheaper. The Auchan gives 100% of the price advantage generated from the VAT reduction to the customers.
The VAT reduction affects 100% pork, so as a result, the custmers have access to the following products with 5% VAT in the stores: mangalica meats, pork and mangalica minced meat, spices packed spare ribs and pork meat.
At Auchan a total of about 6,000 tons of pork is consumed annually, and due to the effect of the VAT reduction the Auchan expects a further increase in pork consumption. Since 1 January 2016, 12.5 percent more pork meat was sold than in the same period of 2015.
Related news
Hungarian melons have started to be sold at Auchan
Although this summer started cooler than average, and the first…
Read more >DK calls for reducing VAT on basic foodstuffs to five percent
During the last month’s official inspections, the National Trade and…
Read more >Large decline in foreign trade of live pigs
According to the Central Statistical Office (KSH), Hungary’s live pig…
Read more >Related news
Temu would enter the EU market with local manufacturers
Temu’s rise in Europe is making waves – but now…
Read more >Lidl supports the Foundation for the Development of the Heim Pál Children’s Hospital
Lidl Hungary has been supporting the Heim Pál Children’s Hospital…
Read more >Room fans, perfumes and pregnancy tests are also selling well at Wolton, a quarter of orders are no longer for hot meals
Hungarian customers are becoming more and more conscious when it…
Read more >