The government is expected to extend the price freeze by 3 months

By: Trademagazin Date: 2023. 03. 28. 13:06

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If the government is waiting for inflation to drop appreciably, it will only happen in the second half of the year. Therefore, it is not out of the question that the price restrictions will be extended for another three months, so in total for half a year – Zoltán Török, Raiffeisen Bank’s chief analyst, told Világgazdaság.

Based on the government’s statements, there is an increasing chance that the cabinet will postpone the price cap on food by another three months, the current deadline of which is April 30, 2023.

Gergely Gulyás, the minister in charge of the Prime Minister’s Office, said in response to last week’s government information journalist’s question that the cabinet will maintain the measures that serve to moderate the rise in prices, so the price caps will remain in place until inflation drops noticeably.