The Hungarian Chamber of Commerce and Industry Would Abolish the Margin Freeze

mindenszo.hu

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According to the Hungarian Chamber of Commerce and Industry (MKIK), maintaining the margin freeze permanently no longer serves effectively either the fight against inflation or the Hungarian economy.

mfor.hu - Menedzsment Fórum

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The Hungarian Chamber of Commerce and Industry would phase out the institution of the margin freeze. According to their position, the move would not endanger price stability, but delaying it would increase economic and business risks, and could worsen the adaptation, investment and development opportunities of businesses.

hodpress.hu

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The Hungarian Chamber of Commerce and Industry (MKIK) is urging the abolition of the margin freeze, because in its opinion it is no longer necessary to combat inflation or to ensure the competitiveness of Hungarian businesses. According to them, the regulation should have been abolished in the summer months, because the conditions for a smooth transition were more favorable then. In a statement sent to MTI on Thursday, MKIK writes that, after ca…

economx.hu

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According to the Hungarian Chamber of Commerce and Industry, the measure has now lost its raison d'être and does not contribute significantly to keeping inflation in check.

Heti Világgazdaság

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According to MKIK, which also provided figures to support its argument, the best time to eliminate artificial price regulation would have been in the summer, but further delay will only lead to even greater risk.

Világgazdaság

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A turning point may come in the margin freeze issue: according to the Hungarian Chamber of Commerce and Industry, the market and inflationary environment now allows for the gradual elimination of the measure.