Trade association: a favorable decision was born
To extend the reduction of the Value Added Tax (VAT) to other basic food products is a right decision – Vámos György, Secretary-General of the National Retail Federation (OKSZ) told MTI.
The Secretary-General of the OKSZ said: the traders will pass the reduction of the VAT rate to the customers, as they did it in the case of pork as well. However, the decline in consumer prices should be compared to prices in December, which may be higher or lower than the current one, depending on the circumstances of the development of agriculture – he indicated. (MTI)
Related news
OKSZ also fights against inflation
The food retail member companies of the National Trade Association…
Read more >Hungarian Retailers Unite for Charity During the Holiday Season
Seven major Hungarian food retail chains—Aldi, Auchan, Lidl, Penny, SPAR,…
Read more >Europe’s Day in Commerce: the sector is changing
Europe’s Day in Commerce has been organised for the 20th…
Read more >Related news
Márton Nagy: the turning point is here, the Hungarian economy will shift to a higher growth path in 2025
According to the Central Statistical Office, the economy grew by…
Read more >Egg prices continue to rise: the elimination of cage farming makes the market more expensive
Egg prices in Hungary crossed the psychological threshold of one…
Read more >To curb climate change, efforts need to be multiplied – climate protection survey among domestic companies
66 percent of Hungarian companies committed to a sustainable transition…
Read more >