Róbert Zsigó, a state secretary at the Culture and Innovation Ministry, said on social media on Wednesday that the government-mandated cap on markups has reduced prices on a range of food products at big supermarket chains by 18.7pc, on average.
Zsigó said the 10pc markup cap had reduced prices of 887 products since its rollout five weeks ago. He added that the prices of 214 products had fallen by at least one-third.
Zsigó said that 522 shops had been checked for compliance, so far, and probes were continuing at 132.