The price of milk does not reduced

Despite the fact, that from 1st July the milk and milk products’ reduced VAT will be 18 percent, the prices did not reduced, rather further increased by 1 percent, compared to the previous month and the price level compared to last year's comparable perio

According to the datas of the Agricultural Research Institute (AKI); the volume of purchased milk decreased by 11 percent in July compared to a year. The average price of raw milk decreased to 54.93 HUF. The export volume of raw milk was significantly reduced by 34 percent, but, surprisingly, according to the datas of the Central Statistical Office; cheese export expanded by 18 percent – reports napifriss.hu.