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The authorities have launched an investigation into retail chains that have made parallel and big price increases for basic food produce, the national economy ministry said.
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The huge popularity of the Chinese webshop Temu since it entered Hungary last September may be distorting official measures of Hungary’s retail data, Portfolio reports.
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It has been a long time since the Hungarian fuel market has seen such a big price cut, writes Világgazdaság. The question is to what extent the wholesale fuel price cut will reach the petrol stations.
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Hungary is facing a significant increase in apple prices due to a weak European harvest and lower domestic production, reports Világgazdaság.
More >>Retail sales increased by an annual 2.6% in June, according to unadjusted data, the Central Statistical Office (KSH) said. Based on calendar-year adjusted data, sales were down by 0.1% on the previous month.
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Fully 44% of consumers prefer electronic payment methods, according to a survey commissioned by OTP Bank, Hungary’s leading commercial bank, and published.
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