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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 price controls launched by Prime Minister Viktor Orban went into effect in Hungary on Monday after inflation hit the highest level in the European Union, potentially denting the veteran ...
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 ...
The government’s stable and predictable economic policy protects Hungarians from the harmful consequences of Europe’s ...
Nestlé has announced another Ft55bn ($152.3m) of investment for its Purina pet-food factory in Hungary. In October the food giant announced it was investing around Ft90bn to open two new ...
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… ...
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.