The OKSZ Takes a Stand on the Margin Cap Regulation
Regarding the government’s proposed price regulation measure, the National Trade Association (OKSZ) believes that competition-based pricing is the most effective way to preserve and strengthen consumers’ purchasing power while achieving inflation targets.
If a margin cap is introduced, it will only have an impact on inflation if the measure applies to all participants in the food supply chain and the burden is shared collectively. Once the relevant legislation is published, the Association will assess the corporate obligations necessary for compliance and evaluate the expected business and financial impact of the measure.
Related news
Profitability of trade is decreasing – the government is opening up substantial resources
On May 28, Laurel Számítástechnikai Kft. held its 12th Retail…
Read more >The National Trade Association has developed proposals for the elimination of margin-cutting measures
The National Trade Association (OKSZ) has submitted to the government…
Read more >OKSZ makes proposals to help smooth the elimination of the margin cap
In order to avoid further uncertainty, the international food retail…
Read more >Related news
Food Price Margin Reduction Extended Until the End of August
István Nagy, Hungary’s Minister of Agriculture, announced on his official…
Read more >Profitability of trade is decreasing – the government is opening up substantial resources
On May 28, Laurel Számítástechnikai Kft. held its 12th Retail…
Read more >Rules on meat products are getting stricter – a new concept is also included in the regulation
A new regulatory amendment has been proposed in Hungary: the…
Read more >