Price of bread to increase by 20% in Hungary?

Opposition Párbeszéd projects a 15-20 percent increase in the price of bread resulting from a drastic rise in flour prices, the party’s deputy group leader said on Thursday.

Sándor Burány told a press conference on Facebook that the price of bread had already grown by 30-40 percent over the past 3 years and this caused great difficulties to people with low income and pensions.

He noted that Párbeszéd had submitted a proposal for a resolution to support social groups hit hard by “inflation breaking loose”.

Párbeszéd has proposed doubling family allowances and child-care benefits, increasing the minimum wage and making it exempt from personal income tax, and changing the calculation of pensions in order to reflect the increase in wages, he added.

If Párbeszéd enters government next year, it will pursue economic policies that support SMEs instead of multinationals, introduce tax policies with a focus on low earners and offer a “proper pension increase”, he said.

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