This is what Tesco, Spar and Aldi think about the food price cap

Viktor Orbán promised the expansion of price-capped products in his Kossuth radio interview on October 28

“As long as the food price cap remains in Hungary, you can count on quantitative restrictions for the affected products. The purchase itself will also change. we need to find a solution so that the supply chain is not distorted”

– said Zsolt Pálinkás, CEO of Tesco Hungary for Pénzcentrum.

“The focus of the problem is the fresh product, the chicken, as we are currently fighting a serious avian flu epidemic, which is driving up the prices even more. At the moment, we are buying poultry more expensive than we are selling it. Which is prohibited in principle, since the application of the dumping price exhausts the legal requirements for unfair market behavior. Now it is of course allowed because of the price cap. Poultry is the tip of the iceberg, because this is what happens to everything that has an official price, but the biggest difference is with poultry. But all the other affected products are also in the negative . In many countries, where there are also official prices, this burden is shared to some extent between the various actors. Not only does the trader bear it, but this price is fixed at some level in the wholesale trade, processing, and farmers. The actors bear the loss This is not the case in Hungary, retail bears the entire loss.”

– revealed for the paper Gabriella Heiszler, managing director of Spar Magyarország Kft.

“We always want to provide the lowest price on the market, not just for seven products, as an average shopping basket does not consist of seven products. A varied, healthy diet does not require just seven products either.”

– added Bernhard Haider, national managing director of Aldi Magyarország Élélmiszer Bt.