Is Hungary facing a basic food shortage due to the price cap?
Fidesz has introduced a price category for some basic foods in Hungary. As food prices peaked, Hungarians approached buying at higher prices. As a result, Hungary is facing a basic food shortage. In Hungary, not only food but also petrol is bought in large quantities.
Is there a shortage of food in Hungary?
The food price cap will officially expire on May 1st. The Hungarian government has set a maximum price for 6 foods. Prime Minister Viktor Orbán said last week that Fidesz wanted to extend its measures.
Food prices without a ceiling could rise by 20-30 healthy.
As the price cap extension was not officially announced, the Hungarians started buying shares in supermarkets. Soltan Karzai, the union’s president, confirmed the spread of the buying wave. Reports portfolio.hu.
The government has not yet issued official information on the future of the price cap. The move would save thousands of forints for Hungarian families, according to the Ministry of Innovation and Technology.
Read more: State-owned MVM has become the only global energy provider in Hungary
The Hungarian fuel market is growing explosively
Announced by Népszava.hu It was used 3 times more times in the first quarter of this year than last year. The Hungarian Petroleum Association (MÁSZ) released 1.1 billion liters of fuel between January and March, according to data published on Thursday. This new record is 120 million liters more than the previous record in 2019.
The diesel market has grown 43.
It rises 95-42 in the engine. This is remarkable as the popularity of the 95 gasoline has declined in recent years.
This is due to the high price of gasoline.
The gasoline price freeze began six months ago, on November 15th. The increase in traffic was not limited to Hungarian drivers. In Hungary, too, foreign smugglers and residents of border towns and villages are often recruited. Despite strong demand, industrial prices have fallen on the ceiling. The purchase price continued to rise, but the selling price did not increase with the purchase price.