Gergely Gulyás: the food price freeze lasts until August 1

By: Trademagazin Date: 2023. 06. 23. 12:53

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The government will extend the food price freeze until August 1, after which the measure will end, the minister in charge of the Prime Minister’s Office announced on Thursday in Budapest, on Kormányinfo.

Gergely Gulyás justified this by saying that according to current forecasts, inflation will decrease significantly in August, to around 15 percent, and that the acceleration of the decrease in inflation will continue in the fall.

The minister also announced that the government will increase the currently prescribed 10 percent rate of mandatory promotions to 15 percent, and the mandatory promotions will also be extended to those product groups that have so far been subject to the food price freeze.

Among the new tools to be introduced, Gergely Gulyás mentioned the online price monitoring system, the mandatory special offers, the fact that from August 1 the SZÉP card can also be used for cold food, as well as the fact that the employer can give an additional HUF 200,000 subsidy to the SZÉP card. above the card’s current value limit.