Retailers in Hungary Make Case for Broader Application of New Profit Margin Cap

  • 13 Mar 2025 7:20 AM
Retailers in Hungary Make Case for Broader Application of New Profit Margin Cap
Retailers' association OKSZ said a 10pc cap on supermarkets' profit margins on some staples should apply to all actors in the supply chain.

In a statement issued after the government announced the measure on Tuesday, as part of efforts to keep food price inflation down, OKSZ said the cap could only be effective if it was applied to all actors in the food supply chain.

Competitive pricing preserves and strengthens consumer purchasing power and can help meet inflation targets, the association added.

OKSZ said it would weigh the impact of the measure after the relevant regulations were issued.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here.

Related links

Supermarkets' Profit Margins on Key Staple Foods to Be Capped in Hungary

  • How does this content make you feel?