GM: since the launch of the online price monitor, the average price of the monitored food products has decreased by an average of 6.5 percent
The price monitoring system created as a result of the professional cooperation of the Ministry of Economic Development and the Economic Competition Authority has been supporting the fight against inflation for more than three months. With the comparability of prices, the online price monitor helps families make more informed purchasing decisions, while encouraging market competition in the domestic retail sector – recalled the Ministry of Economic Development (GFM) in its statement on Friday.
At the end of August, the price monitoring system was expanded with a multi-functional shopping list that can be compiled and shared freely, while from the end of September it is also possible for consumers to select their favorite stores using the visual map store filter function and compile their shopping list based on the products that can be purchased there, they announced.
The latest features give consumers even more help in making their purchasing decisions, while increasing competition between retail chains, contributing to a further reduction in inflation.
Related news
Coordinated European action against Temu
The Consumer Protection Cooperation Network (CPC), which brings together the…
Read more >Agora Vision: Demand for Hungarian Products won’t drop in the future
Hungarian Product Nonprofit Kft. hosted its 10th anniversary conference in Tata.…
Read more >Competition supervision proceedings were initiated against the Hungarian Energy Drinks Association for misleading consumers
The Economic Competition Authority (GVH) has initiated a competition supervision…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Using 30% less materials would be a solution to the climate crisis
The circular economy is a global imperative: it transcends geographical…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >