subject: Confectionery in Hungary [print this page] Confectionery in Hungary Confectionery in Hungary
The Hungarian government increased the rate of VAT on food from 20% to 25% in 2009 a development that resulted in an increase in chocolate confectionery prices. Manufacturers were forced to increase their prices due to rising production expenses. As a result of this increase, demand for chocolate confectionery declined, with retail volume sales falling by
