Food Markups Cap: Prices Reduced in Hungary by Around 20% - Claims Official
- 27 Jun 2025 9:14 AM
Prices of food products affected by a mandatory cap on markups have fallen by 20pc, on average, since the government introduced the measure on March 17, a state secretary at the Culture and Innovation Ministry said.
Robert Zsigo said prices of close to 870 of the some 1,000 food products affected by the 10pc markups cap had dropped. He added that the prices of 276 products had fallen by more than 30pc.
Zsigo noted that the European Commission had launched infringement procedures against Hungary seeking the rollback of the food markups cap and another, 15pc cap on a range of household products.
He added that Hungary had been attacked repeatedly for putting the interests of its citizens ahead of the profits of multinationals.
Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.
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