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Tag: price caps

Consumer Protection: Over a Billion Forints in Fines Imposed
CURRENT

Consumer Protection: Over a Billion Forints in Fines Imposed

The Hungarian government has implemented measures to protect Hungarian families and businesses against high inflation. As a result, the inflation data in recent months indicate a systematic, continuous, and visible decrease in inflation.

Ádám Bráder
—
20.05.2023
Price Cap to Remain Until 30 June, Inflation on a Downward Trajectory
CURRENT

Price Cap to Remain Until 30 June, Inflation on a Downward Trajectory

The minister announced that the government has imposed a ban on 25 agricultural products from Ukraine, including grain, sunflower seeds, cooking oil, and specific meat products until 30 June. He also noted that while according to the European Commission, Ukrainian grain exports should be facilitated to ease the food shortage in Africa, these imports could ‘ruin the Hungarian agricultural market instead’.

Ádám Bráder
—
20.04.2023

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