• Home
• Channel: Shopping
• Compulsory Discounts Start at Big Supermarkets in Hungary

Compulsory Discounts Start at Big Supermarkets in Hungary

• 2 Jun 2023 12:05 PM
• Hungary Matters

Retail stores will sell certain products at reduced prices from June 1, following a government decree aimed to break down rising food prices, the economic development minister said.

The measure, aimed to protect families and pensioners and to offset the fallout from the war and the consequences of sanctions on Russia, comes with an online price monitoring system to be introduced in July.

The measures are expected to push down prices, increase competition and contribute to the fall of inflation, Márton Nagy said.

Under the measure, retailers with revenues above 1 billion forints (EUR 2.7m) will have to offer 20 products of various categories at least 10% cheaper than the lowest price in the past 30 days.

The categories include milk, poultry, bread, pasta and fresh fruits, among others.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Shopping Discount

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

Xpat Info: Which Shops Will Be Open on Christmas Eve in Hungary This Year?

• 10 Dec 2024 10:16 AM

Aldi will keep its shops open on December 24, but only until noon, the subsidiary of the German discount retail chain announced.



Russia’s Mere to Open First Shop in Budapest

• 3 Jul 2024 10:25 AM

The Russian discount chain Mere will soon open its first store in Hungary, in Budapest’s Fourth District, local website Újpesti Hírmondó reports.



Mandatory Supermarket Food Price Discounts in Hungary to End Soon

• 26 Jun 2024 4:25 PM

The government will abolish mandatory discounts on food products at big supermarkets from July 1, but the price-monitoring system will remain in place, the Economy Ministry announced on Tuesday.



Drastic Price Cuts on Meat Coming to Multinational Supermarket Chain in Hungary

• 8 May 2024 6:15 AM

Aldi is cutting the prices of fresh and frozen meat products, reports Világgazdaság. Since 2021, the German-based discount supermarket has been offering only Hungarian fresh meat, hence these meat products, which are part of its permanent range, will also be sourced from Hungary.