The price of a new product may drop in stores of Hungary

After the ten percent reduction in April, László Bárány, the founding owner of the Master Good company group, expects another ten percent correction in the price of chicken by the end of the year. The specialist told Magyar Nemzet that although the economic consequences of the coronavirus epidemic and the Russian-Ukrainian war put businesses in a difficult situation, the exporting poultry industry businesses benefited significantly from the demand market that also developed in connection with them, as well as from the weak HUF. He added that because of the European-wide bird flu epidemic huge flocks had to be exterminated due to the animal pandemic, so a massive poultry shortage developed. As a result, the demand market made it possible not only to validate the extra costs, but also to increase the profit ratio. The owner of Master Good said that high costs combined with low supply naturally generated high consumer prices, to which the government responded by introducing price ...