Recently, several supermarkets have announced price cuts in Hungary, yet Hungarian shoppers are still feeling the impact of high inflation. Given the high prices, many people living near the border may decide to go shopping in the neighbouring countries in the hope of lower prices. The Hungarian portal HelloVidék looked into whether it paid back for Hungarians to shop in neighbouring Slovakia. More and more Hungarians see the opportunity to save money by doing their weekly shopping in neighbouring Austria or Romania. According to HelloVidék, a number of products are also cheaper in Slovak shops than in Hungary. However, the portal points out that those who want to save money by shopping in the neighbouring country will probably be disappointed. About 10 years ago, and also when the price freeze was introduced, it was usual for Slovaks to cross the border and buy certain foodstuffs in Hungary at a lower price. But the situation has now completely changed. Nowadays, it is mostly the HUF/EUR exchange rate that determines where it is more cost-effective to shop. HelloVidék wrote a shopping list containing basic groceries and then compared the online prices of Tesco in Slovakia and Hungary. As for fruit and vegetables, […]
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