Hungary to Cap Food Prices
The government has decided to put a cap on the prices of six food products effective February 1, Prime Minister Viktor Orbán announced on Facebook on Wednesday.
The prices of sugar, wheat flour, sunflower-seed oil, leg of pork, chicken breast, and milk with 2.8 percent fat will be frozen at their Oct. 15, 2021 levels due to rising food prices, Orbán said. Each shop will have to reduce current prices to October levels.
Orbán noted that prices all over Europe were increasing due to higher energy prices. The Hungarian government, however, protects families, he added. “We have reined in increasing petrol prices, capped mortgage interest rates, and we have a utility fee cut policy, under which Hungarian families are supplied energy at fixed prices, which will protect them,” he said.
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