Hungary: Orban extends the price cap on food and petrol prices

(ANSA) – BUDAPEST, APRIL 27 – Hungarian Prime Minister Viktor Orban announced on Facebook that he plans to extend the ceiling on the prices of some food and gasoline until July 1. The measure, taken to curb the runaway inflation which reached 8.4%, came into force on February 1 on products such as sugar, flour, sunflower oil, skimmed milk, leg of pork and chicken breast; while petrol had already been the subject of the measure last autumn. “Prices are going up all over Europe, the reason is the war in Ukraine, and while it lasts, prices will go up relentlessly. The Hungarian government cuts it short, and fights the phenomenon with the extended cap,” Orban said. As a result of the measure, many petrol stations have had to close, while food products are being quoted with fixed prices. Orban, after the elections won with great advantage, has promised to maintain these measures and also the ceiling on bills “as long as we have Russian gas”. (HANDLE).

Source: Ansa

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