Dropping VAT will not necessary reduce food prices. In 2009 the government reduced the restaurants VAT from 19.5% to 5.5%. Studies found that 30 months later p

Dropping VAT will not necessary reduce food prices. In 2009 the government reduced the restaurants VAT from 19.5% to 5.5%. Studies found that 30 months later prices had only dropped by 1.9%. https://www.ipp.eu/wp-content/uploads/2018/05/n32-notesIPP-mai2018.pdf https://www.ipp.eu/wp-content/uploads/2018/05/n32-notesIPP-m...