Despite the price caps, food is getting more expensive in Hungary. The devaluation of the forint and the poor performance of Hungarian food industry companies may play a role in the extreme inflation. However, this does not explain why the situation is one of the worst in Hungary. Is even Scotland cheaper than Hungary?
Although every EU member state is struggling with butal inflation, the situation is one of the worst in Hungary. According to Telex, Hungary shares the highest food inflation with countries that have lower economic development and/or armed conflict. These are for example Syria, Ghana, Moldova, Suriname or Iran. Among the member states of the European Union, Hungary had the highest food inflation already in September. By October, it had risen to 40 percent on an annual basis.
Szeretlekmagyarorszag.hu has compared the prices of some food in Scotland and Hungary. For example, potatoes (family package, 7.5 kg) cost 2.99 pounds, i.e. HUF 155 (EUR 0,38) per kilo. Meanwhile, in Hungary, a 2.5 kilo package of potatoes costs HUF 699, so HUF 279 (EUR 0,69) per kilo. A piece of kiwi is 25 pennies, i.e. HUF 99 (EUR 0,24) in Scotland, and HUF 149 (EUR 0,37) in Hungary.
In addition, you can get milk (3.4 liters) for 80 pennies, i.e. HUF 316 (EUR 0,78), which is approximately HUF 90 (EUR 0,22) per liter. In Hungary, 1 liter costs HUF 199 (EUR 0,49). Regarding chicken legs, in Scotland, 1 kilo is 1.29 pounds, i.e. HUF 510 (EUR 1,26), while in Hungary, it is HUF 769 (EUR 1,90). Even the flour is cheaper in Scotland. One kilo of flour is 45 pennies, i.e. HUF 178 (EUR 0,44), in Hungary, you have to pay HUF 269 (EUR 0,66).
However, there are still some products that are cheaper in Hungary. For example, a small package of Persil liquid washing powder costs 3.99 pounds in Scotland, so HUF 1576 (EUR 3,89). For this product, people living in Hungary only have to pay HUF 1399 (EUR 3,31).
Source: Telex, szeretlekmagyarorszag.hu