Hungary's Price Caps Have to Be Phased Out, Minister Says

2022. szeptember 01.


Price caps in Hungary will have to be phased out as they are more expensive to maintain as high prices become permanent, Minister for Economic Development Marton Nagy told Inforadio on Wednesday. Prime Minister Viktor Orban's government caps fuel prices, energy bills and the prices of some basic foodstuffs, as well as mortgage rates to shield consumers from inflation running at its highest level in two decades.