BUDAPEST (Reuters) - Food price controls launched by Prime Minister Viktor Orban went into effect in Hungary on Monday after inflation hit the highest level in the European Union, potentially denting the veteran leader's hopes of re-election in 2026.
Hungary has endured the worst inflationary surge in the 27-state EU since Russia's 2022 invasion of Ukraine and prices remain a big concern for households, with official data released last week showing food prices had risen by 7.1% in a year.
