Despite Approaching Deadline, Gov’t Has Yet to Decide on Fate of Price Caps The Orbán government believes that the several price caps introduced in Hungary have proven to be effective and had a... 2022.04.21.
Price Freeze Ineffective? Drastic Increase in Prices for Non-affected Foodstuffs Although the government imposed a price freeze on several food items on February 1, prices for other products rose at... 2022.04.13.
Hungary March Annual Inflation 8.5 % Consumer prices in Hungary grew by an annual 8.5 percent in March, the worst inflation figures in Hungary in 15... 2022.04.08.
Inflation Reaches 15-Year High in February Consumer prices were 8.3 percent higher in February 2022 than a year earlier, breaking another 15-year record after 7.4 percent... 2022.03.09.
Food Price Cap: 1,000,000 Forint Fine for 10 Forint Overpricing According to a statement by the Ministry of Innovation and Technology, there are rarely problems in Hungary with the observance... 2022.02.24.
Food Price Cap: Sales of Affected Products Increased by 60-80% Sales of products affected by the price cap, i.e. where prices had to be reset to the level of October... 2022.02.18.
Inflation Keeps on Growing: January Data Highest in 15 Years Consumer prices in Hungary rose by 7.9 percent year-on-year in January, climbing from 7.4 percent in the previous two months,... 2022.02.11.
Price Cap in Grocery Stores Comes into Effect Starting today, Tuesday, people will pay the same amount as on October 15, 2021, for granulated sugar, wheat flour, sunflower... 2022.02.01.
Lidl Introduces Quantity Restriction in Response to Price Cap As we have reported before, the Hungarian government introduced a price cap for seven food products which comes into effect... 2022.01.31.
Food Price Cap: Stores Must Display Government Price Freeze Logo Starting February 1st, domestic stores will be required to display an informational sign on their entrances to inform customers of... 2022.01.31.
DK: Fidesz Lost Control over Growing Food Prices Ruling Fidesz is resorting to "sham measures" to conceal the fact that it has lost control over the weak forint... 2022.01.28.
Orbán: If Fidesz wins the April 3 general election, the gov’t will expand family support schemes If Fidesz wins the April 3 general election, the government will expand family support schemes and, depending on economic performance,... 2022.01.28.
Price Comparison of Italian and Hungarian Lidl Stores Telex compared the prices of products available in Hungarian and Italian Lidl stores in the two countries. A typical shopping... 2022.01.26.
Decree on Food Price Cap Published with Interesting Details The government decree on the food price cap instituted by the Orbán government "in order to prevent the harmful effects... 2022.01.17.
Farm Gate Prices Up 27% in November Farm gate prices in Hungary rose 27.2 percent in November from the same month a year earlier, data released by... 2022.01.17.
Opposition: Price Cap on Foods ‘Pseudo Measure’ to ‘Cover for Govt’s Flawed Economic Policy’ Politicians of three opposition parties on Sunday criticized the food price curbs, insisting that it offered no solution to rising... 2022.01.17.
Agriculture Min: Capping Food Prices ‘Message to Market’ that Gov’t ‘Not Afraid to Take Even the Most Unexpected Steps’ The "bold step" of capping the prices of basic food at their October levels shows that the government is prepared... 2022.01.17.
Inflation: Following High December Data, Analysts’ 2022 Predictions Range between 5-5.7 Percent Hungary's high inflation data for December has seemingly surprised analysts. They said that inflation grew on the back of the... 2022.01.15.
Hungary’s Inflation at 14-Year Record for Second Month in a Row Hungarian annual inflation was 7.4 percent in December, the Central Statistical Office (KSH) said on Friday. Higher cigarette and vehicle... 2022.01.14.
PM Orbán “Prepared to Defend” Price Caps in Brussels In critical situations the main question was "to what extent is it good to interfere in the operation of the... 2022.01.14.
Who Will Benefit from Govt’s Recently Announced Food Price Cap? The Orbán government has decided to cap the price of some key food products, including milk, flour, cooking oils, and... 2022.01.13.