The price cap often means a loss of HUF 300 per kilo or liter
Katalin Neubauer, secretary general of the Hungarian National Trade Association (MNKSZ), spoke to Index about the consequences of the price cap for traders.
“It is most noticeable in the case of sugar, oil, and chicken breast, where a store has a loss of HUF 200-300 per liter or kilogram – the purchase price is that much higher than the official price”
Katalin Neubauer explained to Index.
In the case of larger commercial chains, cheap imports mitigate the loss, but the owners of small shops are not affected by this.
He considers it welcome that a kind of price consolidation can already be observed in the case of dairy products, which saw an 80-90 percent increase in price. But even so, a loss of HUF 100 per liter is experienced. The price drop can be attributed to imported milk.
Related news
Katalin Neubauer: margin stop and mall stop do not serve the interests of retail
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >“This is a political product” – The Secretary General of the Hungarian National Confederation of Trade Unions spoke about the margin freeze and the retail crisis
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Katalin Neubauer: “Strong state intervention isn’t a good idea in the long run”
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Dr Zoltán Pogátsa on the Hungarian economy: neither the golden age, nor an apocalypse
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Eurozone GDP grew by 0.1 percent in the second quarter compared to the previous quarter
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: industrial production decreased by 1.0 percent compared to the same period of the previous year, expanded by 2.0 percent compared to the previous month
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >