FM: prevails in prices to reduce the VAT of pork
Due to the VAT reduction, the price of pork declined at the dominant retail chains, but not at all the smaller trading firms and butcher shops – the Minister of State of the Ministry of Agriculture (FM) said at a press conference on Wednesday at the Tesco in Budaörs
Czerván György told that according to the reports of the requested sectoral interest groups and support organizations the first experiences are in line with the expectations. The dominant retail chains validated the lower rates in their prices and experienced an increase compared to the usual turnover. (MTI)
Related news
In the Shadow of Price Margin Caps: Easter Shopping in Hungary, 2025
This year’s Easter shopping season in Hungary was less about…
Read more >Margin freeze versus VAT reduction: a solution to inflation or a field for political debate?
The government has been implementing a margin freeze since mid-March,…
Read more >The Ministry of Agriculture expects retail chains to voluntarily reduce prices
What is happening in stores these days is unacceptable, price…
Read more >Related news
Müller UK & Ireland Agrees To Acquire Biotiful Gut Health
Müller UK & Ireland has agreed to acquire kefir brand…
Read more >Rossmann Introduces Modern Store Design in Germany
The Rossmann drugstore chain has launched a comprehensive store redesign…
Read more >Foodpanda automates ‘dark stores’ in Singapore to speed up deliveries
Its 24/7 warehouses ensure round-the-clock fulfilment. Foodpanda is automating its…
Read more >