Is commercial profits going to be reduced? Viktor Orbán criticized both retailers and department store chains in his annual review
Traders and supermarket chains have significantly increased the prices of some basic foodstuffs, and with it, of course, their profits. In January this year, milk was sold 39 percent more expensive, eggs 35 percent more expensive, and cooking oil 11 percent more expensive. This is a lot, even unacceptable, the prime minister said in his annual review speech at the Várkert Bazaar in Budapest on Saturday.
Viktor Orbán said that he had instructed Minister of National Economy Márton Nagy to reach an agreement with the retail chains to stop the price increases.
“With nice words. But if nice words don’t work, then we will go with official prices,”
– he added.
Nobody likes price regulation, but in such cases there is no other choice – Viktor Orbán emphasized.
If there is no agreement, the official price will come. If that is not enough, we will also limit the extent of commercial profits – he predicted.
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