Minister Meets With Food Assocs to Crack Down on Overpricing

Government

jessica fejos

Economic Development Minister Márton Nagy met with Hungary's biggest food and farm associations to discuss bringing down inflation and ending inflation-related speculation on Thursday, his ministry said, according to a report by state news wire MTI.

Representatives from the Poultry Products Council, the Poultry and Egg Farmers Association, the FruitVeB produce growers association, the Dairy Products Council, the Meat Products Council, the Seed Association and the Sugar Products Council participated in the meeting.

The cooperation that has started with the sector associations can prevent overpricing and speculation while boosting transparency and competition, the Economic Development Ministry said.

Nagy noted that work is underway to establish an online price monitoring platform and a consumer protection database that will help households find the lowest prices.

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