The member companies of the OKSZ would help to improve the situation of the Hungarian dairy sector

The member companies of the National Retail Federation (OKSZ) are committed to improve the difficult market situation of the Hungarian dairy farmers; if possible, VAT should be reduced from July on milk products with strategic importance from the current 18 to 5 percent – the organization announced on Monday.

According to the trade association, the lower VAT rate through lower prices encourage the customers to consume more and at the same time suppresses the black market, so it can bring a larger market top the domestic dairy producers. (MTI)