Pork consumption increased in Hungary
Pork consumption has increased by about 10 percent since 2016 in Hungary, with an annual consumption of 25 kilograms per person – the Minister of Agriculture said in Túrkeve, at the press conference of the 12th International Sticker Meeting.
Fazekas Sándor said that the 27% to 5% reduction in the VAT rate of pigs had a very favorable effect on the pig industry.
The minister emphasized that the VAT reduction noticeably “whitened” the industry, the competitiveness of decent businesses increased, the consumption of pork increased and the reduction in the price of pork resulted in savings for the consumers. (MTI)
Related news
VAT on gluten-free breads reduced in Spain
Following a ruling by the Supreme Court in Spain, the…
Read more >A Hungarian consortium is working on a new viral therapy innovation against swine flu
A Hungarian consortium is working on a new viral therapy…
Read more >Declining profitability, increasing efficiency: challenges and opportunities in pig farming
Pig farmers are expecting declining profitability this year, despite their…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >