Hungary government could decide on new caps on food prices within days

Hungary govt could decide on new price caps foodstuffs within days -minister on Inforadio By Reuters

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Economy 4 minutes ago (Nov 07, 2022 18:43)

BUDAPEST (Reuters) – Hungary’s government could decide on fresh price caps on foodstuffs within days to curb inflation, which could be about 25% by the end of the year where it may peak, Hungary’s Minister for Development Marton Nagy told Inforadio on Monday.

Nagy said the economy could grow by more than 4.5% this year. He said October inflation — on which data is due this week — could edge up to around 21%.

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