Chaotic prices in the shops because of the VAT increase
Only at the end of July will be orderliness in the retail price system, because the chains are reviewing individually the pricing of each category of products as well as the impact of VAT increase on traffic.
Most commercial units have built the VAT increase by one-to-one into the price, because they did not had time to consider that how much tax should be passed on the product.
According to spokesman for Tesco, Hackl Mónika the Tesco swallowed only a one percent VAT, the rest was integrated into price of the products.
Fodor Attila spokesman of CBA Ltd., pointed out, that in the case of basic foods, which were not included into the reduced VAT, trying to keep the prices down and increase the prices in the cases of price-sensitive products – reports Napi Gazdaság.
Related news
Related news
This year will truly be the year of data management
Although inflationary pressures eased a bit in 2024, consumers have…
Read more >DLA Piper Hungary / Omnibus proposal: necessary simplification or step back in sustainability efforts?
On February 26, the so-called Omnibus proposal aimed at simplifying…
Read more >Slow Food Deutschland criticises insect-as-food approach in Europe
Slow Food Deutschland has criticised the use of insects as…
Read more >