Breaking – Orbán announced decisions on fuel, food price caps!

The government has decided to extend the caps on fuel and some staple foods until July 1, Hungary’s prime minister announced on Wednesday after a cabinet meeting.

“Prices are going up across Europe primarily due to the war [in Ukraine] and will continue to rise until the war is over,” Viktor Orbán said in a video message posted on Facebook. “Seeing this, we cannot sit idly in Hungary. The government will do everything in its power to protect families from the consequences of increasing prices,” he said.

“We had to make a decision today. So, we decided to extend our price cap measures until July 1 in both the fuel and basic foods category,” Orbán said.

The prime minister announced in mid-January to freeze the price of sugar, wheat flour, sunflower-seed oil, pork leg, chicken breast and back and milk with 2.8 percent fat at their October 15, 2021 levels in an effort to dampen inflation. The original price caps have been in place for a period of three months from February 1.

The HUF 480/litre cap on petrol and diesel prices was introduced on November 15 and was set to expire on May 15.

bread baking
Read alsoSkyrocketing flour prices to come in Hungary after the end of the price cap?!

Source: MTI

4 Comments

  1. “chicken breast and back” – what in god’s name is a chicken back? I have never seen anything in a supermarket or a butcher’s labelled ‘chicken back’.

  2. “Give with one hand and take away with the other” – to act in a way that is helpful but then later do something to counteract or negate that initial action.
    Fidesz – will be witnessed to do just as this expression gives in its message – its meaning and explanation.

    The Economic & Financial overall picture of Hungary, is that it is in a Downward Trend.

    Who besides China – will Hungary borrow ?

  3. @Kati, “Chicken bones” (backbone and the ribs)?
    It must be a new cut, just for the pensioners, and those who can’t afford the breast, drumsticks, or thighs. 🙁

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