Despite the freeze on the price of certain foods, the capping of fuel at 480 forints (about 1.20 euros) per liter and the extensive use of Russian hydrocarbons, the pillar of its policy of regulating energy prices, the government of Viktor Orban fails to contain inflation in Hungary. The phenomenon broke out last autumn in the country and has experienced a remarkable worsening since the launch of the Russian offensive in neighboring Ukraine.
After the 9.5% in April, the rate compared to last year reached 10.7% in May, a “record value since 1999” in Hungary, says the daily Nepszava. Consequence: margarine, bread, cheese, poultry, dry pasta and dairy products “record increases ranging from 30% to 40%” at the register. Beyond the international rise in energy and food prices, this trend is also the result “of the weakness of the Hungarian forint” and “multiples