GVH: the price monitoring system will protect Hungarian families from price increases even after the first of August

He explained that a number of competition supervision procedures are underway in the food sector, and he mentioned as an example that, among other things, suspicions of price-fixing violations are being investigated.

Balázs Csaba Rigó emphasized that consumers paid attention to the development of prices and bought less due to the increase in prices. He added that retail demand should be restored by breaking down inflation and increasing real wages.

He said that GVH’s task is to stimulate competition, for example by operating the price monitoring system. Since the operation of the price monitoring system, which was launched on the first of July, there have already been 753 thousand unique visitors and 52 million downloads.