Reported about 17 hours ago
To combat rising inflation, Hungarian Prime Minister Viktor Orbán announced that the government will enforce price controls on 30 basic food items, capping grocers' profit margins at 10% above wholesale prices from mid-March to the end of May. This move comes as Hungary faces an annual inflation rate of 5.6%, with food prices surging 7.1%, highlighting ongoing economic challenges ahead of the 2026 elections.
Source: YAHOO