While the Hungarian government is doing everything it can to protect families by cutting utilities, an ever-increasing disaster is unfolding in Western countries, Ripost reports.
It is increasingly clear that the true effects of the Russian-Ukrainian war will only be felt in the coming months. The experts unanimously warn that due to the protracted armed conflict, a serious food shortage and even famine may develop in Africa. Even in European stores, the previously unprecedented rise in prices can be felt, but the brunt of it is still to come.
Analysts expect a sharp rise in food prices by the fall, which could easily be coupled with an increasingly serious stock shortage.
However, people's daily lives are not only made miserable by skyrocketing food prices, the price of fuel has set a record in almost all EU countries, and utility costs have at least doubled. In Denmark and Finland, the price of a liter of gasoline already exceeds HUF 1,000, which is a serious burden even compared to foreign payments.
And Hungarians living in England complain on Facebook that the never-ending increase in utilities is eating up their salaries.
One of them reported that while he used to pay £700 for electricity and gas, in April of this year this amount was already £1,800. And in the letter received from the service provider, they warn that with similar consumption in the fall, you can pay up to 2,800 pounds. No matter how you calculate it, this means a fourfold increase in price in one year.
And another user half-seriously jokes that he started looking at wood-burning stoves. "In the developed West, I have to split wood in winter, I see," he wrote in his comment.
Hungary is considered exceptional, as the government in our country tries to reduce inflation and protects families with various price regulations. There is generally no sign of this abroad. Viktor Orbán reported on the Hungarian government's decision on Thursday afternoon. The Prime Minister confirmed that the gasoline price and basic food price caps will remain in place until October 1, as well as the interest rate cap for home loans until the end of the year.
Source: Origo
Featured image: Hunglia