NGM: customers must be informed if the packaging of a food is reduced
In order to protect families, the government has adopted a new measure, so food retailers with a turnover of over HUF 1 billion must post a warning notice if the packaging of a product has decreased, the Ministry of Economic Affairs (NGM) explained in a statement sent to MTI on Monday.
The ministry explains: the government does everything to protect families and takes the most decisive action against consumer deception, thus also preventing families from being harmed, especially in this difficult economic situation. 2023 was the year of breaking inflation – they remind. The government recognized in time that decisive and effective steps are needed to curb the prices that have run wild due to the war, sanctions and price speculation by multinationals. Thanks to effective measures, the government reduced inflation to single digits by October, which decreased even further to 7.9 percent by November, and was able to decrease to around 6 percent in December.
After the inflation has been broken, steps to start growth will increasingly come to the fore – the ministry emphasizes. The government’s goal is to restore economic growth in 2024 and to grow the economy again dynamically, by 4 percent. To this end, by gradually removing the precautionary motive and strengthening confidence, it increases consumption, keeps the investment rate above 25 percent and further increases labor market activity.
Related news
Márton Nagy: Retail turnover growth is currently in the 4-5 percent range
This year is the year of economic breakthrough, with growth…
Read more >Real wages are rising, confidence is growing, retail sales are increasing
The dynamic increase in wages continued in January, Sándor Czomba,…
Read more >NGM: government will preserve the purchasing power of pensions, pensioners will receive an additional increase of an average of HUF 39,600 in November
The government is committed to providing stable and predictable living…
Read more >Related news
Márton Nagy: Retail turnover growth is currently in the 4-5 percent range
This year is the year of economic breakthrough, with growth…
Read more >Food industry sales prices rose by 6.1 percent
In February 2025, industrial producer prices exceeded those of the…
Read more >Real wages are rising, confidence is growing, retail sales are increasing
The dynamic increase in wages continued in January, Sándor Czomba,…
Read more >