Nemeski@lemm.ee to

Europe@feddit.orgEnglish · 21 hours ago

Hungary announces food price cap to fight inflation

www.euractiv.com

6

cross-posted to:
globalnews@lemmy.zip

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Hungary announces food price cap to fight inflation

www.euractiv.com

Nemeski@lemm.ee to

Europe@feddit.orgEnglish · 21 hours ago

6

cross-posted to:
globalnews@lemmy.zip

Official data found food prices rose 7.1% in February compared to last year

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DragonTypeWyvern
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16 hours ago
Yeah, a profit cap is a much different beast than a price cap.
- ℍ𝕂-𝟞𝟝@sopuli.xyz
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  15 hours ago
  Not really, especially since the government currently has a 31.5% tax on consumption.
  
  This will cause both shortages and inflation, just like last time.

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