Beer manufacturers opposes the increase of excise duty
The beer manufacturers would lobby at the government against the January excise tax increase affecting alcohol products, otherwise beer will be more expensive.
Brewers would initiate a consultation with the decision-makers in order to outline the negative consequences of the planned 10 percent excise tax increase from January. “We can show the government with datas, that the excise tax increase will not reach the expected sales and excise tax revenues. The manufacturers will be forced to pass the tax increase on the consumers. The price increase will lead to a decline in consumption”- told Csíkné Kovács Klára, the President of the Hungarian Brewers Association to Világgazdaság.
Related news
Related news
Viktor Orbán: economic growth exceeding three percent is realistic next year
Economic growth exceeding three percent in 2025 is realistic in…
Read more >The pork sector is in a difficult situation: rising costs, falling consumption and changing habits
The domestic and EU pork sector has been facing challenges…
Read more >The Ministry of Finance asks people to spend in an information letter
The Ministry of National Economy (NGM) will inform members of…
Read more >