Tag "árstop"
Food prices in Hungary have doubled in six years
In the last six years, we have witnessed a drastic increase in food prices in Hungary, where prices have doubled, compared to the average price increase of 40 percent in...
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The Court of Justice of the European Union Condemned the Food Price Freeze: it violates free competition
The Court of Justice of the European Union issued a judgment in which it classified the food price freeze introduced by the Hungarian government as contrary to EU law. According...
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The European Court of Justice can decide whether the shops passed the price cap
Spar filed a complaint with the European Union regarding the Hungarian government’s retail measures. According to the Netherlands-based company, the special retail tax and the price cap contradict the EU...
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Fel a csőrrel!
Bizonytalanság, kiszámíthatatlanság – ez jellemezte a piaci szereplők szerint 2022-t a szárnyasok értékesítésében. Talán az egyetlen pozitívumot az élénk kereslet jelentette, de ez főként a hatósági árnak volt köszönhető. Az...
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The consumption of poultry in our country has been restructured
Attila Csorbai, the president of the Poultry Product Council, spoke on Inforádio about the current situation of the poultry sector. He also covered the supply affected by the price cap....
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There will be a price stop at St. Stephen’s Day events
Guests visiting St. Stephen’s Day programs can buy the designated food and drinks at affordable prices at the event venues in Budapest this year as well – the organizers informed...
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MBH AgrárTrend Index: the evaluation of the situation of the food economy has strengthened back to the level of the beginning of 2022
After the strengthening experienced in the first three months of 2023, the prospects for Hungarian agriculture improved further in the second quarter, the actors of the sector overall believe that...
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There will be no dramatic food inflation, in fact: the price-stopped products may even be cheaper
The removal of price controls on regulated food products in August does not lead to a significant increase in prices. On the contrary, some food items can be purchased even...
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Shops adrift at the sea of costs
2022 was a difficult year for stores. Amidst the depressing inflation, families kept cutting back their spending month by month in the second half of the year, in terms of...
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OKSZ: The Government should lift the price cap and abolish the retail tax
The member companies of the National Trade Association (OKSZ) were outraged to learn that the retail tax in the sales revenue above 100 billion was increased from 4.1% to 4.5%...
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Big trouble? A wave of store closures can come with the mandatory promotions
The introduction of the new mandatory promotion has caused concern among retailers, who say it could have serious consequences for the sector. Experts speaking to Pénzcentrum point out that this...
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Government spokesperson: the mandatory promotions in stores will start on June 1
On June 1, the mandatory promotions in stores will start, which means that people will be able to buy food much cheaper in twenty product categories, said the government spokesman...
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Price stop: potatoes are not currently available, but consumer protection checks are
On May 19, representatives of the Government provided information that consumer protection had conducted another price-fixing raid. According to their announcement, consumer protection is deploying all its resources to take...
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Hungarian National Trade Associationalso made a statement
The Hungarian National Trade Association opines that the mandatory promotions can’t solve the problems. In contrast to price caps, these promotions represent a huge administrative burden for stores and distort...
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The price caps will remain in place until June 30, and the price policies of the large food chains are being monitored
The government has extended the price caps until June 30 – announced the minister in charge of the Prime Minister’s Office on Thursday in Budapest, on the Government Information. Gergely...
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During the price raid, it was revealed that the stores were playing tricks with the price-stopping products
Government spokeswoman Alexandra Szentkirályi previously announced that price raids would be launched in stores where the price hiked products could not be found on the shelves. The most recent Government...
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These issues are investigated by the consumer protection authority in the shops
In order to enforce price control regulations, the government’s consumer protection authority has been very active this year, inspecting stores nearly 2,400 times and imposing fines of several hundred million...
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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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Extra profit tax, price cap, supplier challenges – Zsolt Pálinkás, CEO of Tesco, spoke about the future
“We have never had extra profit. If we start from the fact that the industry has an average profitability of 2-5 percent, and this is accompanied by a turnover-based deduction...
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The government is expected to extend the price freeze by 3 months
If the government is waiting for inflation to drop appreciably, it will only happen in the second half of the year. Therefore, it is not out of the question that...
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The price of eggs would not go down if the price cap were introduced at the end of April
By Easter, thanks to the price cap, the average consumer price of eggs can be at a predictable level of HUF 90. Market participants do not expect a shortage, but...
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There is a life after the price cap according to Kifli
On March 8, kifli.hu held a press event about their new prospects with the new managing director Gabriel Makki. They reported on what they plan to do after the price...
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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 new managing director of Kifli has spoken: this is what we can expect after the price cap
In his recent interview with Pénzcentrum, Gabriel Makki, the newly appointed new managing director of Kifli, spoke about the company’s biggest changes, the expansion of their own-brand product range, as...
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Viktor Orbán: the food price freeze will remain in place until inflation begins to decline
The first parliamentary session of the spring session was supposed to start with Viktor Orbán’s speech before the agenda, but in the end he was only able to deliver his...
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Viktor Orbán: the food price freeze will remain in place until the government can set inflation on a downward path
Prime Minister Viktor Orbán said that we must expect that the war will become more and more savage and cruel, so we must be prepared for the fact that the...
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The French may also have a food price freeze
Sorry, this entry is only available in HU....
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Food prices have already started to fall, as the GVH began to investigate
Competition has become greater in retail, more people have reduced food prices – says Balázs Csaba Rigó, president of the Economic Competition Authority. In the hope of finding out whether...
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Lidl announces a price stop on 200 products
Lidl Hungary has reduced the prices of nearly 200 products since the beginning of the year. Thanks to the measure, the affected products can be purchased up to 25 percent...
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The end of the price cap: which food will consumers really miss with lower prices?
During the year, there were several reports of empty shelves in stores and periods of stock shortages, which may end with the end of the price cap after April 15....
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