The government has revealed when they would decide about food price caps
While László Parragh, the president of the Hungarian Chamber of Commerce and Industry (MKIK), has already discussed the end of price caps in the past few days, the Ministry of Agriculture wrote to ATV Hírado that the food price cap is valid until April 30, and further decisions will be made in April.
According to László Molnár, the CEO of GKI, if László Parragh talks about the exit, it is obvious that the government is already thinking about the measure.
According to the experts, the price cap has become unsustainable, and László Molnár also believes that there are many arguments in favor of its elimination, mainly that there is a shortage of goods.
Related news
Price caps and economic measures in Central Europe: more and more countries are protecting themselves against inflation
While the introduction of price caps is back on the…
Read more >Márton Nagy: can price stops come again?
Could price caps come again? – asked the Minister of…
Read more >Croatia introduces another price freeze: prices of seventy products are being restricted
The Croatian government will introduce a new price freeze on…
Read more >Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and…
Read more >NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025,…
Read more >