Tag "élelmiszerárak"

The average salary today is enough for less bread and more milk, chicken and potatoes than in the Kádár system

The data continuously published by the Central Statistical Office (KSH) and published by the Magyar Nemzeti Bank (MNB) in recent days are thought-provoking. The MNB has published a special series...

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UK inflation has eased, but food inflation remains high within the overall basket

Annual British inflation slowed significantly but was still above 10 percent in January, particularly due to food prices. According to the report of the British Statistics Office (ONS) on Wednesday,...

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MNB vice-president: it is necessary for the food price competition to start going down

Barnabás Virág, vice president of the Hungarian National Bank (MNB), told Napi.hu that it is good news that the rise in food inflation has stopped. At the same time, according...

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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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MNB vice president: the number one “enemy” is inflation

In the current turbulent economic situation, inflation is the number one enemy for central banks worldwide – and especially in the region – said Mihály Patai, vice-president of the Magyar...

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Will the price of sugar double when the price cap is over? Analysts circle the topic

It is not yet known how food prices will change if the price cap is removed. Analysts have different opinions. “It’s not easy to predict how big the price increase...

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Basic food is also cheaper in German stores than here

According to RTL’s summary, milk in Germany costs HUF 280-350, toast bread costs HUF 581, and sour cream costs HUF 269. Cow curd is very cheap, only HUF 292. 10...

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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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György Raskó: galloping food inflation will stop within weeks

According to agricultural economist György Raskó, galloping food inflation will stop, it’s only a matter of weeks. And the reason for this is precisely the high cost and the resulting...

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The same product is up to 63 percent cheaper in the Romanian store than here

Milk is cheaper here than in Romania, but there are quite a few products that are available at a much more favorable price in the Romanian Lidl than in the...

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Balázs Csaba Rigó: it seems that customers do not allow profiteering on groceries

Balázs Csaba Rigó, the president of the GVH, spoke on ATV’s Egyenes Beszéd program about the competition office’s investigations into whether the drastic price increases were justified. “The price increases...

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Monetary advice: Food prices fall to pre-Russian-Ukrainian war levels

The long-term maintenance of strict monetary conditions is necessary, which ensures the anchoring of inflation expectations and the achievement of the inflation target in a sustainable manner – the Monetary...

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Tesco president: some food suppliers raise prices unreasonably

Some food supply companies raise their prices more than necessary “under the pretext of inflation”, said the president of Tesco on Sunday. John Allan, the BBC’s weekly political magazine show...

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The VAT reduction in our southern neighbor really depressed food prices

In Croatia, the government reduced the VAT on basic foodstuffs by 8 percent, so even with the price cap, it costs almost half as much to prepare a french fries...

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Annual inflation for food and soft drinks rose to 16.8 per cent in Britain last month

British annual inflation slowed somewhat, but was still above 10 percent, close to its four-decade record in December. According to analysts, however, the turnaround in British inflationary dynamics has already...

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The food price increase for pensioners is 46.1 percent

The purchase value of pensions has reached a historically very low level, especially since the epidemic and the war. And it is an incomparably more difficult task to get through...

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There are countries where Lidl and Aldi raised their prices the most

The British magazine Which assessed how prices changed in December compared to the previous year in the country’s most popular retail chains, and – perhaps to some surprise – found...

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GVH is also investigating the legality of food price increases

Balázs Csaba Rigó, the president of the Economic Competition Office (GVH), announced that the GVH is planning an investigation in the area of food trade, but before that it started...

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These 40 products rose in price the most in Hungary

Hungary’s 24.5 percent inflation, which is a record within the European Union, is mainly seen in the area of food and utilities: according to the Central Statistical Office, food (44.8...

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A reduction in the VAT on food was suggested as a solution

According to Lajos Korózs, the vice president of the MSZP, the general sales tax (VAT) on basic foodstuffs should be reduced to zero percent. Meanwhile, Jobbik also proposed the reduction...

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Oops, some food suddenly became cheaper!

According to Napi.hu, the annual inflation rate for food was not higher in December than in November, the increase in price compared to the same period of the previous year...

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This could be behind the sharp rise in food prices, and this is what 2023 will bring

In November, inflation was 22.5 percent year-on-year, which is the highest in the EU. This is more than surprise inflation, especially considering that at the beginning of 2022, analysts were...

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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 chemical industry can also have something to do with the development of food prices

According to the analysis of the Egyensúly Institute, the chemical industry does not at first appear to be an extremely important sector in Hungary, since it produced barely 1.5 percent...

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That’s why food prices have skyrocketed the most in Hungary

Food prices fell the most in Hungary, even though the war sanctions affect the whole of Europe, and the drought also hit Romania to a similar extent as our country....

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Hungarian customers avoid stores, turnover of retail stores increased by 0.6 percent in October

According to both raw and calendar-adjusted data, retail turnover increased by 0.6 percent in October compared to a year earlier, the Central Statistical Office (KSH) announced on Monday. In October,...

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It has been revealed whether Lidl is more expensive in Austria or Hungary

The price test was justified due to the weakening forint, and the practical implementation was undertaken by a Telex employee who tested food prices in all corners of the world...

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According to the CEO of the British Tesco, the British are ashamed of what goes into the basket

The British – like the Hungarians – started to opt for cheaper products, and are slowly reducing the quantity, too. In a strange way, however, they are ashamed of this,...

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Cofidis Credit Monitor: kitchen money increased by 30,000 HUF , many people won’t even buy a Christmas tree this year

According to the results of the Cofidis Credit Monitor research, the majority of people would need 200,000 HUF  per month to comfortably live off their income. Compared to last Christmas,...

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