Hungarian government to introduce caps on supermarkets’ profit margin to rein in inflation

bne IntelliNews on MSN.com

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Please find more details at bne IntelliNews on MSN.com

Summary

The Hungarian government will cap retailers’ profit margins on some staples at 10% from the middle of March and last until the end of May. The announcement by Prime Minister Viktor Orban came after the release of the February inflation data that showed headline CPI edging up to 5.

Source: bne IntelliNews on MSN.com

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