Tag "ársapka"

Magyar Nemzeti Bank: Price caps did not help curb food inflation

Based on a study by the Magyar Nemzeti Bank (MNB), price caps did not reduce, but actually increased food inflation in the domestic market. During the period examined by the...

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Annus horribilis – ”1992 is not a year on which I shall look back with undiluted pleasure”.

No, I didn’t mix up the years. 30 years ago Queen Elizabeth II said this in a famous speech. That year the glory of the institution of the monarchy suddenly...

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Small Retailers Struggle as Mandatory Discounts Benefit Large Supermarkets

As the cost of living continues to increase, consumers are keeping a closer eye on their spending habits, particularly when it comes to food. This has led to a fierce...

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Orbán Viktor: “Although there have been price reductions in stores, it has only happened for a few products”

Prime Minister Viktor Orbán spoke on the morning program of Kossuth Radio, saying that it is not yet time to lift the price freeze. “What has happened so far is...

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The price caps must be maintained even after April 30

On Wednesday, the vice president of the MSZP advocated maintaining the price caps after April 30. At a press conference broadcast on his Facebook page, Lajos Korózs said in response...

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The increase in food prices and the price cap were the main topics at Tuesday’s session of the Parliament

The speeches before the agenda at Tuesday’s session of the Parliament also talked about the increase in food prices, energy prices and the state of emergency. Dániel Z. Kárpát (Jobbik)...

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If inflation disappears, will the food price freeze also go?

It may depend on next Wednesday’s inflation statistics whether we will stay with the food price freeze or whether the government will cancel it. So you have to wait until...

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Viktor Orbán spoke about the future of the price cap

In the case of foodstuffs, as inflation comes down, the price caps that still exist will be removed – the Prime Minister said on Kossuth Rádió Good morning, Hungary! in...

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The domestic dairy industry suffers greatly from limited prices

The dairy industry is boiling over, after last year’s brutal price increase, the price drop has already started in recent months and may soon accelerate. Anyone who does not participate...

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400 food items received price caps in Slovakia

Retailers are putting a price cap on more than 400 food items on the shelves of the eight largest chain stores in Slovakia in order to moderate inflation. The introduction...

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A food subsidy program after the price cap? This proposal was also raised

Two politicians from the Jobbik-Conservatives demanded the end of the price cap system and the launch of a national food subsidy program to help people buy healthy, preferably domestic, products...

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The French government announces an “anti-inflation quarter” in supermarkets

The French government agreed with the big supermarket chains to keep food prices “as low as possible” until June; within the framework of the “anti-inflation quarter”, supermarkets can freely choose...

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Márton Nagy also spoke about the extra profit tax and the price cap

If energy prices had not fallen, no matter how high the central bank interest rate is, the exchange rate of the forint will probably not stabilize, which is why it...

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The supply of Hungarian-grown potatoes has run out

The experts were not wrong when they said earlier that the stock of domestically grown potatoes would run out within the foreseeable future. At the beginning of February, the devastating...

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After the end of the price cap, a large increase in food prices is still expected this year

The guests of ATV Start were Katalin Neubauer, Secretary General, Hungarian National Trade Association and András Máhr, Deputy Secretary General, National Association of Agricultural Cooperatives and Producers, and the topic...

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Csaba Héjja: the end of the price cap will affect food inflation for a while

Csaba Héjja, senior analyst at MKB Bank and Takarékbank, spoke to InfoRádio about why food inflation was the highest in Hungary and what to expect after the price cap is...

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Can the strengthening of the forint be good for food prices?

The forint is strengthening, it has not been in this form compared to the euro since May 2022. But will this affect food prices? Especially when the price caps will...

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György Raskó: trappist will be HUF 1,000 cheaper if the price cap on milk is lifted

If the price cap on milk is introduced, a range of dairy products, including Trappist, would immediately be much cheaper. “If the price cap were to be abolished, prices would...

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Domestic supplier relations are already threatened by the price cap

Retailers have started looking for cheap imports to reduce their losses on price-capped products. If this process continues, domestic food producers will suffer the greatest damage. “We have received more...

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György Raskó: The quality of potatoes with the price cap is the same as what we usually give to pigs

According to agricultural entrepreneur and economist György Raskó, the government did not count on the fact that the price caps will indirectly help the large food chains, but they will...

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According to the GVH president, it is not illegal for a store to raise the price of some of its products to compensate for the loss due to the price cap

Balázs Csaba Rigó spoke to Magyar Nemzet about how independent authorities also have a role to play in crisis situations. He believes that it is not illegal for a store...

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The prices of products that replace price-stopped foods have increased drastically

Due to the wave of inflation that began in early 2021 and affected the entire world, the government felt it necessary to intervene in market processes, which then brought further...

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The government has extended the food price freeze until April 30

The government has extended the food price freeze until the end of next April due the inflation caused by the sanctions caused by the failed measures in Brussels, said Minister...

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It’s official: the government lifted the gas price freeze last night

Two days after the oil sanctions that came into force on Monday, the government – at the suggestion of Mol – will end the gas price freeze, announced Gergely Gulyás,...

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Matolcsy: the Hungarian economy is in a near-crisis situation, the price cap increases inflation

According to the president of the MNB, “the economic policy coherence of the government and the central bank has broken down – this costs a lot.” Matolcsy said that “the...

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People stock up, which is why there is a shortage of products with a price cap, says István Nagy

Sugar, milk, oil – there is an increasingly serious shortage of these products in domestic stores. However, shopkeepers and the Minister of Agriculture have different opinions about the reason for...

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Márton Nagy: security of supply is at risk, this could put an end to the price cap

Security of supply issues arise due to the price cap, which, according to Minister of Economic Development Márton Nagy, may even lead to the premature termination of official prices. “The...

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Tesco leader: the price cap causes us a loss of 11 billion HUF a year

Zsolt Pálinkás, the CEO of Tesco in Hungary, talked about the shortage of goods, a monthly utility bill of 2 billion, shopping with a scanner gun and home delivery by...

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This is what is cheaper at the Lidl in Párkán, and what is more worth buying here

Many Hungarians visit the Lidl in Párkány regularly to shop, a 45,000 dollar purchase at home can easily turn into a 32,000 dollar purchase with a detour in Slovakia. Of...

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Domestic retail chains are asking Brussels for help because of the price cap

The retail chains also present in Hungary are adversely affected by the price cap, so they turned to the European Commission to intervene due to the events affecting the market...

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