Hungary is introducing a price cap to combat unjustified food price hikes. Prime Minister Viktor Orbán announced that from mid-March, profit margins on 30 essential food items will be capped at 10 per cent, with measures in place until the…
The mandatory discount system together with the online price monitoring effectively contributed to the government’s goal of first reducing inflation to a single digit and then bringing it back to a low level of around 4 per cent….
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