BUDAPEST, Aug. 25 (Xinhua) — The Hungarian government has decided to extend the profit margin cap on food and household products until November 30, Gergely Gulyas, minister of the Prime Minister’s Office, announced at a press conference on Monday.
According to Gulyas, without the measure, the 10 most frequently purchased food items would cost 30 to 35 percent more on average.
He stressed that the cap provides significant support for families.
The profit margin cap, introduced in March 2025, limits retail profit margins to 10 percent on 30 basic food items such as eggs, butter, and sour cream. It was later expanded in May to cover more than 1,000 household products across 30 categories.
The government has extended the measure as part of its efforts to curb inflation, which stood at 4.3 percent in July, with food prices rising 5.9 percent year-on-year.
