The rate reached 22.5% in November, one of the highest in Europe.
Budapest
Faced with the persistent surge in prices, the Hungarian government has just taken the decision: the blocking of the prices of milk, flour, oil, eggs or even potatoes has been extended until April 30.
With an inflation rate of 22.5% in November, even worse than in October (21.1%), Hungary is now experiencing the highest price increase in the European Union, apart from Lithuania.
Such a level has not been reached since the 1990s, when the Central European country was gaining a foothold in capitalism and recorded inflation rates of around 40% (with a record of 38.6% in June 1991) . But even during these difficult years, inflation had never been so strong on food: + 43.8% measured in November by the Bureau of Statistics (KSH), which details: eggs (+ 102.9% ), bread (+81.8%), dairy products (+79%), butter (+77.3%), pasta (+70.8%)… “Enjoy it today, tomorrow everything will be more expensive!”attach…
This article is for subscribers only. You have 77% left to discover.
Cultivating your freedom is cultivating your curiosity.
Keep reading your article for €0.99 for the first month
Already subscribed? Login