End of price inflation for groceries in Hungary?
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From 1 June, mandatory promotions take effect in Hungary. Originally meant to help slow down inflation, this was thought to be a clever political move by the government, as grocery chains were already competing with each other through promotions as consumption started declining.
When the measure was announced, the government had figured that they would once again get some free advertising by requiring stores to display that customers owe the discounts to them. However, it seems that the chains have retaliated: they simply included the mandatory promotions among their own promotions. Now customers may even receive a greater discount than the prescribed 10 percent, but not from the government, but from the representatives of Aldi or Tesco, writes hvg.hu.
Current prices
Shopping in late May shows us two things. One is that the prices of non-price-controlled milk and dairy products have somewhat returned to normal levels. In the past months, it was not uncommon for the price of 1.5 percent UHT milk to be twice or even three times that of price-controlled milk. Now, the low-fat version is slowly but steadily showing a decrease in price. However, there is still an almost one-and-a-half times price difference.
As for pork, the price increase seems to have stopped. This is not that visible though, as pork chops, tenderloins, or spare ribs, which have all settled around HUF 2,500 (EUR 6,75), are not becoming significantly cheaper. Of course, the big question will be: what will happen when the price controls go away?
RUBBISH.
The “Dye” has been cast over months by in-effective Government intervention into skyrocketing Inflation and COSTS on everday FOOD items.
The ineffectiveness of Government has PERMITTED the WRONGEFULNESS of Price rises that we are LIVING with in Hungary.
Storeowners – the “Independents” – then the BIG name supermarket chains – Aldi, Lidl, Spar, Auchan, Penny’s, ABC, GRoby, Tesco – they ALL – have purposefully EXPLODED “gouged” pricing – taken the advantage off -at the decrement or Abuse of us Hungarians.
Fresh produce Markets, – same as Supermarkets – “screw us” the Hungarian citizens and just take take take – with NO factual reason, other than INFLATION, there prices, like SUPERMARKETS – explosive/high.
We live Budapest, District 5 and we TRAVEL often.
In recent weeks in Milan, Italy – we shopped at Lidl and there Fresh Produce Markets, bought cigarettes and alcohol in shops dined in restaurants – CHEAPER CHEAPER Cheaper – than Hungary considerable.
WHY – its Greed, Selfishness and EXPLOITATION – Hungarians abusing Hungarians, and the Orban Government permitting FOREIGN owned Supermarket Shops just to “screw us”.
My platform opinion on INFLATION in Hungary – not getting FACTUAL Data from the Orban Government, “veiled” and “fabricated” – across the entire componentry of the Hungarian Economy, we are STILL experiencing Inflation increase – a “mean” average of 60% pricing increase from prior to Russia’s War on the Ukraine.
Meat, Poultry – from Fresh Produce Markets – the Great Market Hall /Lehel Market – we SHOP at both – EXPLODED in PRICE.
Petrol, what a COMEDY show that is – reminiscent of what we know of prostitution, the ups and downs of there lingerie – Appalling.
Pharmaceuticals – over the counter MEDICATION – paracetamol exampled – price “Gouging” exploiting by Chemist chains – EXPLOSIVE and NO justification for there INCREASED prices.
The “dye” is cast in CONCREATE – compounded by the FACT – the on-going collapse pattern, across the board, of the Hungarian Economy, our Economic outlook.
Why is the Government “screwing” us and we as Hungarians “screwing” each other, that places us as a country in the position – that NOTHING is GOING to Get CHEAPER in Hungary.
Lidl, Aldi, Spar and Tesco are for sure not the cheapest supermarkets.
It feels to me “Daily News” is always promoting these shops.
I am curious about that meal for 4 people, what exactly is bought and where?
I still can’t say what I buy became cheaper. True is that Lidl in Italy is cheaper but Spar and other Supermarkets are not.