ADVERTISEMENT

E-toll will take its toll on poultry demand, product council says

Initiatives

The electronic road toll, to be introduced in July, could make poultry 5% more expensive on average through the increase in shipping costs, the Poultry Product Council said on Thursday in a release to MTI. The price rises, working out to HUF 10 to 20 per kilograms, could cause social tension as they make cheaper products proportionally more expensive than upmarket products, the council said. The ministry of National Development told MTI on Wednesday that the effect of the e-toll on consumer inflation cannot be accurately measured, but data end foreign experience showed that the impact would not be significant.

ADVERTISEMENT

Purchasing Managers' Index rises Analysis

Purchasing Managers' Index rises

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.