Balázs Győrffy, NAK president: Don’t fall for cheap imported food!
It is an unfavorable process that is contrary to the interests of Hungarian consumers and the national economy, that retail store chains – at the expense of Hungarian producers and manufacturers – aim to increase imports in more and more food segments. In addition to temporary difficulties, this trend may lead to the weakening of Hungarian supplier positions that have been fought for in recent years. Based on global agricultural economic trends, the growth of food prices is slowing down, which could provide an opportunity to introduce a price cap, and that would help Hungary maintain its positions.
A drastic increase in the input costs of producers and food producers and the costs of food production has started several years ago worldwide and in our country, which in the initial period was not followed by consumer prices, as well as the prices paid to producers by the retail trade. After that, as a result of the sanctions policy, which significantly weakened the economy of the European Union, production costs continued to rise drastically. This imbalanced situation could not be sustained in the long term, and over time consumer prices also increased exponentially.
In addition to all of this, it is a regrettable trend that the commercial actors – citing the compensation of losses caused by the price cap – significantly increased the import of imported products in those segments where Hungarian producers and products (e.g. dairy products, meat products, etc.) have gained a strong market position in recent years. . This unfavorable process must be stopped as soon as possible – warns the National Chamber of Agricultural Economics (NAK).
Related news
A new approach is needed in the production of berries
Although climate change has a serious impact on the domestic…
Read more >Harvesting is over in Békés County
The harvesting is over in Békés, the average yields are…
Read more >NAK President: Agriculture faces harsh attack from Brussels
Agriculture faces harsh attack from Brussels, the European Commission’s new…
Read more >Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >