Minister Meets With Food Assocs to Crack Down on Overpricing
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.
ADVERTISEMENT
Hungary Trade Surplus at EUR 308 mln in April
Parl't Approves Amendments to Legislation on Judiciary
Gloster Acquires P92 IT Solutions
Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov...
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.
