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PM Orbán: Government extends caps on fuel and staple foods

“Prices are going up across Europe primarily due to the war [in Ukraine] and will continue to rise until the war is over,” the prime minister announced on Wednesday.

Prime Minister Viktor Orbán said the government has decided to extend the caps on fuel and some staple foods until July 1.

“Prices are going up across Europe primarily due to the war [in Ukraine] and will continue to rise until the war is over,” the prime minister announced on Wednesday after a cabinet meeting. “Seeing this, we cannot sit idly in Hungary. The government will do everything in its power to protect families from the consequences of increasing prices,” he said in a video posted on Facebook. “We had to take a decision today. So, we decided to extend our price cap measures until July 1 in both the fuel and basic foods category,” PM Orbán said. The prime minister announced in mid-January to freeze the price of sugar, wheat flour, sunflower-seed oil, pork leg, chicken breast and back and milk with 2.8 percent fat at their October 15, 2021 levels in an effort to dampen inflation. The original price caps have been in place for a period of three months from February 1. The 480 forint per litre cap on petrol and diesel prices was introduced on November 15 and was set to expire on May 15.

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