Márton Nagy consulted with the heads of the product councils

(Photo: GFM)

The following organizations took part in the consultation:

• Poultry Product Council and Interprofessional Organization, the Association of Poultry and Egg Producers;
• FruitVeB Hungarian Fruit and Vegetable Interprofessional Organization and Product Council;
• Milk Interprofessional Organization and Product Council;
• Slaughter Animal and Meat Interprofessional Organization and Product Council;
• Seed Association Interprofessional Organization and Product Council;
• Sugar Product Council and Interprofessional Organization.

The war and the failed sanctions policy led to unprecedented inflation across Europe. The energy crisis caused by the war and the resulting increased inflation are causing serious challenges for both Hungarian businesses and Hungarian families. That is why the most important goal of the Hungarian government is to reduce inflation to single digits by the end of the year, protect families, and prevent recession. Inflation has already peaked and started to decrease, the government’s measures are working.

This is how they prevent further price increases

Márton Nagy highlighted that, in cooperation with market and state actors, the Government is constantly looking for tools to further reduce inflation. A new online price monitoring system will be created together with the Economic Competition Authority, and the preparatory work group has already started its work. A consumer protection database will also be set up with the participation of the Ministry of Justice, which will help the public to purchase products at the best price.

GFM