If inflation disappears, will the food price freeze also go?

By: Trademagazin Date: 2023. 04. 04. 12:57

It may depend on next Wednesday’s inflation statistics whether we will stay with the food price freeze or whether the government will cancel it.

So you have to wait until April 12 for the March data, but everything can be decided then and in the following days. In response to the question of the Index, which calls for the end of the food price freeze on April 30, Gergely Gulyás, the minister in charge of the Prime Minister’s Office, said:
“We usually make a decision two weeks before the deadline, but beyond that I don’t want to make predictions.”

He also noted that anti-inflation measures will remain in place as long as they are needed. The chancellor minister foreshadowed it: they expect that “by June-July-August, the fall in inflation will accelerate rapidly”, and this sufficiently wide time window corresponds to the scenarios emerging from our background discussions on the subject.