György Raskó: after the price cap, the price of Trappist cheese may drop by up to HUF 1,000 per kilo
According to agricultural economist György Raskó, the price of Trappist cheese per kilo may drop by up to HUF 1,000 if the price cap is removed.
In his interview with Magyar Hang, György Raskó said, among other things, that if the price cap were introduced, people would go back to buying milk with a fat content of 1.5 percent from 2.8 percent milk, so there would be more milk fat, and the products made from it – such as butter or cheese – and its price would start to fall within two or three weeks after the launch.
György Raskó also gave specific examples of the harmful effects of price caps. According to his calculations, a trans-Danubian small entrepreneur with an annual income of three billion and six stores suffered a monthly loss of two million forints in May, six million in September, and ten million forints in December due to the price caps. The purchase price is getting further and further away from the official price. The six stores lost HUF 48 million due to the price caps alone.
Related news
A campaign to encourage the consumption of Trappist cheese has been launched
The Ministry of Agriculture (MA) and the Agricultural Marketing Center…
Read more >The Dairy Products Council has launched a national campaign to promote Trappist cheese
The Milk Products Council has launched a national marketing campaign…
Read more >Price Cap on 30 Essential Food Products: Government’s Strategy to Curb Inflation
The Hungarian government has announced another price control measure in…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >