21 result(s) for food staples
Prices of 70 Products Increased Following New Supermarket Profit Cap on Food Staples
- 26 Mar 2025 5:57 AM
- shopping
A government-mandated cap on markups for some staples has reduced prices of the affected food products by 17.7pc on average, Robert Zsigo, a state secretary at the Culture and Innovation Ministry, told public media.
Updated: New Supermarket Profit Margins Cap Now Effective in Hungary
- 18 Mar 2025 6:59 AM
- shopping
A mandatory 10pc cap on supermarket profit margins on 30 basic food products took effect on Monday, the National Economy Ministry said.
Updated: Retail Chains Expected to Cut Staple Food Prices in Hungary
- 17 Mar 2025 7:20 AM
- shopping
The National Economy Ministry pointed to the need to stop "unacceptable" price increases and called on retail chains to indicate their plans to voluntarily cut staple food prices by early next week in a statement.
Retailers in Hungary Make Case for Broader Application of New Profit Margin Cap
- 13 Mar 2025 7:20 AM
- business
Retailers' association OKSZ said a 10pc cap on supermarkets' profit margins on some staples should apply to all actors in the supply chain.
Supermarkets' Profit Margins on Key Staple Foods to Be Capped in Hungary
- 12 Mar 2025 7:30 AM
- shopping
Prime Minister Viktor Orban said the government would cap retailers' profit margins on some staples at 10pc from the middle of March in a video message on social media.
'Fire Nagy! Hungary is Again Leading Europe for Food Price Inflation', Says Magyar
- 11 Mar 2025 6:16 AM
- shopping
Peter Magyar, the leader of the opposition Tisza party, on Monday called on Marton Nagy, the national economy minister, to resign immediately.
Maurice Janssen, General Manager, Crowne Plaza Budapest
- 7 Feb 2025 10:47 AM
Maurice's career spans from Rome, Italy to various locations in the United States, working with IHG's InterContinental in New York, Boston, and San Francisco.
Updated: Follow-Up Probe of Spar Hungary Launched by Competition Office
- 24 Sep 2024 12:01 PM
- business
Hungary's Competition Office (GVH) on Monday announced the launch of a follow-up probe of Spar Magyarorszag to determine whether the supermarket chain complied with voluntary commitments to expand its local supplier base.
Official Online Price Monitoring Platform To Be Continued - New Products Added to Comparison List
- 29 Dec 2023 9:44 AM
- hungarymatters.hu
- shopping
Csaba Balázs Rigó, the head of Hungary’s Competition Office (GVH), has said corporate profits were to blame, in part, for high inflation. In addition to the scale of some “unjustified” price increases, some businesses took advantage of stable demand for some products in spite of the higher prices, he added.
Prices of 70 Products Increased Following New Supermarket Profit Cap on Food Staples
- 26 Mar 2025 5:57 AM
- shopping
A government-mandated cap on markups for some staples has reduced prices of the affected food products by 17.7pc on average, Robert Zsigo, a state secretary at the Culture and Innovation Ministry, told public media.
Updated: New Supermarket Profit Margins Cap Now Effective in Hungary
- 18 Mar 2025 6:59 AM
- shopping
A mandatory 10pc cap on supermarket profit margins on 30 basic food products took effect on Monday, the National Economy Ministry said.
Updated: Retail Chains Expected to Cut Staple Food Prices in Hungary
- 17 Mar 2025 7:20 AM
- shopping
The National Economy Ministry pointed to the need to stop "unacceptable" price increases and called on retail chains to indicate their plans to voluntarily cut staple food prices by early next week in a statement.
Retailers in Hungary Make Case for Broader Application of New Profit Margin Cap
- 13 Mar 2025 7:20 AM
- business
Retailers' association OKSZ said a 10pc cap on supermarkets' profit margins on some staples should apply to all actors in the supply chain.
Supermarkets' Profit Margins on Key Staple Foods to Be Capped in Hungary
- 12 Mar 2025 7:30 AM
- shopping
Prime Minister Viktor Orban said the government would cap retailers' profit margins on some staples at 10pc from the middle of March in a video message on social media.
'Fire Nagy! Hungary is Again Leading Europe for Food Price Inflation', Says Magyar
- 11 Mar 2025 6:16 AM
- shopping
Peter Magyar, the leader of the opposition Tisza party, on Monday called on Marton Nagy, the national economy minister, to resign immediately.
Maurice Janssen, General Manager, Crowne Plaza Budapest
- 7 Feb 2025 10:47 AM
Maurice's career spans from Rome, Italy to various locations in the United States, working with IHG's InterContinental in New York, Boston, and San Francisco.
Updated: Follow-Up Probe of Spar Hungary Launched by Competition Office
- 24 Sep 2024 12:01 PM
- business
Hungary's Competition Office (GVH) on Monday announced the launch of a follow-up probe of Spar Magyarorszag to determine whether the supermarket chain complied with voluntary commitments to expand its local supplier base.
Official Online Price Monitoring Platform To Be Continued - New Products Added to Comparison List
- 29 Dec 2023 9:44 AM
- hungarymatters.hu
- shopping
Csaba Balázs Rigó, the head of Hungary’s Competition Office (GVH), has said corporate profits were to blame, in part, for high inflation. In addition to the scale of some “unjustified” price increases, some businesses took advantage of stable demand for some products in spite of the higher prices, he added.