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11 result(s) for mandatory food discount

Updated: New Supermarket Profit Margins Cap Now Effective in Hungary

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.
Mandatory Supermarket Food Price Discounts in Hungary to End Soon

Mandatory Supermarket Food Price Discounts in Hungary to End Soon

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.
Food Prices Up Again: Latest Consumer Price Index Released in Hungary

Food Prices Up Again: Latest Consumer Price Index Released in Hungary

Hungary’s annualised consumer price index reached 4.0% in May, the Central Statistical Office (KSH) said.
EC Investigation Starts After Spar Claims Special Retail Tax in Hungary Discriminates Against Foreign Companies

EC Investigation Starts After Spar Claims Special Retail Tax in Hungary Discriminates Against Foreign Companies

The European Commission is conducting an investigation into the Hungarian retail tax after the Austrian government and retail chain Spar filed a complaint against it, the EU authority told Reuters.
Mandatory Supermarket Food Discounts in Hungary Extended Until Next June

Mandatory Supermarket Food Discounts in Hungary Extended Until Next June

The government has decided to extend discounts big supermarkets must offer regularly on a number of food products until the end of June 2024, the economic development ministry said.
Multinational Supermarkets in Hungary Have 'Unjustifiably Overpriced Products Recently', Says Gov't

Multinational Supermarkets in Hungary Have 'Unjustifiably Overpriced Products Recently', Says Gov't

The government’s monitoring of the compliance of retailers with rules on offering consumers regular discounts on food produce in a range of categories showed that around 10% of shops violated rules, government spokeswoman Alexandra Szentkirályi told a government press briefing.
Asset Sale Helps Tesco Avoid Serious Loss in Hungary

Asset Sale Helps Tesco Avoid Serious Loss in Hungary

British-owned retailer Tesco realised Ft 723.3 billion in revenue last year, up 15.8%, as post-tax profit grew from Ft 12.9 billion to Ft 19.6 billion, lifted by the sale of assets, Portfolio writes.
Supermarket Price Hikes in Hungary Slammed by Orbán

Supermarket Price Hikes in Hungary Slammed by Orbán

Supermarkets are acting like speculators by raising prices when there is no basis to do so, Prime Minister Viktor Orbán told public radio.
Third World War Would Result from Ukraine's NATO Accession, Says Orbán

Third World War Would Result from Ukraine's NATO Accession, Says Orbán

Ukraine’s accession to NATO would immediately lead to a third world war “because it would mean that the alliance is at war with Russia”, Prime Minister Viktor Orbán told public radio.
Updated: New Supermarket Profit Margins Cap Now Effective in Hungary

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.
Mandatory Supermarket Food Price Discounts in Hungary to End Soon

Mandatory Supermarket Food Price Discounts in Hungary to End Soon

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.
Food Prices Up Again: Latest Consumer Price Index Released in Hungary

Food Prices Up Again: Latest Consumer Price Index Released in Hungary

Hungary’s annualised consumer price index reached 4.0% in May, the Central Statistical Office (KSH) said.
EC Investigation Starts After Spar Claims Special Retail Tax in Hungary Discriminates Against Foreign Companies

EC Investigation Starts After Spar Claims Special Retail Tax in Hungary Discriminates Against Foreign Companies

The European Commission is conducting an investigation into the Hungarian retail tax after the Austrian government and retail chain Spar filed a complaint against it, the EU authority told Reuters.
Mandatory Supermarket Food Discounts in Hungary Extended Until Next June

Mandatory Supermarket Food Discounts in Hungary Extended Until Next June

The government has decided to extend discounts big supermarkets must offer regularly on a number of food products until the end of June 2024, the economic development ministry said.
Multinational Supermarkets in Hungary Have 'Unjustifiably Overpriced Products Recently', Says Gov't

Multinational Supermarkets in Hungary Have 'Unjustifiably Overpriced Products Recently', Says Gov't

The government’s monitoring of the compliance of retailers with rules on offering consumers regular discounts on food produce in a range of categories showed that around 10% of shops violated rules, government spokeswoman Alexandra Szentkirályi told a government press briefing.
Asset Sale Helps Tesco Avoid Serious Loss in Hungary

Asset Sale Helps Tesco Avoid Serious Loss in Hungary

British-owned retailer Tesco realised Ft 723.3 billion in revenue last year, up 15.8%, as post-tax profit grew from Ft 12.9 billion to Ft 19.6 billion, lifted by the sale of assets, Portfolio writes.
Supermarket Price Hikes in Hungary Slammed by Orbán

Supermarket Price Hikes in Hungary Slammed by Orbán

Supermarkets are acting like speculators by raising prices when there is no basis to do so, Prime Minister Viktor Orbán told public radio.
Third World War Would Result from Ukraine's NATO Accession, Says Orbán

Third World War Would Result from Ukraine's NATO Accession, Says Orbán

Ukraine’s accession to NATO would immediately lead to a third world war “because it would mean that the alliance is at war with Russia”, Prime Minister Viktor Orbán told public radio.