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Economic news

Hungary govt extends price caps on fuels, foodstuffs, mortgage rates

09/17/2022

Less than a minute

2022.09.17 07:53

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Hungary’s government has decided to extend price caps on fuels and basic foodstuff beyond their Oct. 1 expiry in order to shield households from surging prices, Prime Minister Viktor Orban’s chief of staff told a briefing on Saturday.

Gergely Gulyas also said the government would extend a cap on mortgage rates by “at least six months”. That measure would have expired at the end of this year.

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