This article is from the source 'rtcom' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.rt.com/business/566228-hungary-food-price-caps/
The article has changed 2 times. There is an RSS feed of changes available.
Previous version
1
Next version
| Version 0 | Version 1 |
|---|---|
| Hungary caps prices for staple foods | |
| (about 5 hours later) | |
| The measure by Hungary follows a 40% jump in costs in October | The measure by Hungary follows a 40% jump in costs in October |
| Budapest has imposed price caps on eggs and potatoes, Reuters reported on Wednesday, citing the prime minister’s chief of staff, Gergely Gulyas. | Budapest has imposed price caps on eggs and potatoes, Reuters reported on Wednesday, citing the prime minister’s chief of staff, Gergely Gulyas. |
| The cap was announced after data showed food prices soared by 40% in October, with overall annual inflation exceeding 21%, according to official figures. | The cap was announced after data showed food prices soared by 40% in October, with overall annual inflation exceeding 21%, according to official figures. |
| Potatoes and eggs are ingredients for potato and egg casserole, a traditional meal described by newspaper Hungary Today as “one of the most Hungarian dishes.” It is second only to goulash, the ultimate Hungarian dish, according to the website Taste Hungary. | Potatoes and eggs are ingredients for potato and egg casserole, a traditional meal described by newspaper Hungary Today as “one of the most Hungarian dishes.” It is second only to goulash, the ultimate Hungarian dish, according to the website Taste Hungary. |
| The government put a price cap on six other food products, including milk and flour, in February to try and protect households from soaring costs. | The government put a price cap on six other food products, including milk and flour, in February to try and protect households from soaring costs. |
| Inflation in the Eurozone hit 10.7% in October. It is the first monthly inflation reading above 10% since the bloc’s formation. Prices for food, alcohol, and tobacco across the euro area are believed to have risen by 13.1% year-on-year. The surge was fueled by energy prices which Eurostat estimated to be 41.9% higher than in the same month last year. | Inflation in the Eurozone hit 10.7% in October. It is the first monthly inflation reading above 10% since the bloc’s formation. Prices for food, alcohol, and tobacco across the euro area are believed to have risen by 13.1% year-on-year. The surge was fueled by energy prices which Eurostat estimated to be 41.9% higher than in the same month last year. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
Previous version
1
Next version