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

© Reuters. FILE PHOTO: A driver fills a car at an Envi petrol station in Budakalasz, Hungary, June 13, 2022. Picture taken June 13, 2022. REUTERS/Bernadett Szabo

BUDAPEST (Reuters) – 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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