Shocking numbers have come to light; what is happening in the Hungarian alcohol market

Published 2022년 2월 13일

Tridge summary

In Hungary, the prices of six basic foods are regulated until May 1, 2022, due to decreases in their costs. Conversely, alcohol prices have seen a slight decrease of 1.26% on average, with some alcohols becoming cheaper and others more expensive. Wine prices have significantly dropped by 7.15% on average over the past year, making Hungary's wine prices below the EU average. Meanwhile, the prices for craft beers have risen by 7.2%, reflecting the growing demand for higher quality beverages. The prices for pálinkas, vermouth, and bitter categories have also seen changes, with some becoming more expensive and others cheaper than the previous year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

January is usually about price increases, but this year is different in many ways. Although many things have become more expensive, in addition to price increases, there is also a decrease in prices - you can read on italkereso.hu. For some foods, the price stop has come into effect, price regulation will run until May 1, and will affect six basic foods. However, in addition to these, there are also products whose prices have not increased, but also decreased. Such is the case with alcohols, whose prices have fallen by an average of 1.26%, according to statistical results. However, this is only an average, some alcohols have become more expensive, others have fallen sharply. In Hungary, alcohol is available at a price below the EU average, as evidenced by Eurostat statistics: if the EU average price is considered to be 100%, then in Hungary it is 73% of the average price of alcohol, which is the last in line. Finland is in the lead with 193%. Alcohol is more expensive in the ...

Source: Agrarszektor