Food prices have risen dramatically across Europe in recent months, but Hungary has seen the biggest spike. That’s hitting consumers hard, forcing them to change what kind of food they buy an… ...

This location is one of the “most impressive restaurants,” Zsolt Égi, managing director of Progress Étteremhárosl Kft., which operates McDonald’s restaurants in Hungary, said in a statement.

Hungary will restrict profit margins on 30 food items from mid-March until the end of May. Retailers' margins cannot exceed 10%, announced Prime Minister Viktor Orbán on the government’s ...

Customers purchase food in Budapest’s Grand Market Hall on Saturday, April 8, 2023. Food prices have risen dramatically across Europe in recent months, but Hungary is facing the biggest spike.

Food prices have risen dramatically across Europe in recent months, but Hungary has seen the biggest spike.

But in Hungary, food prices have surged more than 45% over the year, according to EU statistics office Eurostat, far surpassing the next highest figure of just over 29% in Slovakia.