– We can observe numerous economic developments that should have led to price reductions – Viktor Orban told Kossuth Radio’s Good Morning, Hungary! program in his Friday morning interview. PM Orban noted that the euro had fallen below 400 forints multiple times and that energy prices had also decreased, which should have been reflected in consumer prices. He indicated that retailers had proposed price reductions, but these were minimal and did not satisfy the government.
Regarding the price margin cap, he stated that there are even harsher forms of intervention. He pointed out that producers sell their milk for 200 forints, yet retailers are selling it for 550-600 forints.
By regulating the price margin, the government dictates that retailers cannot add tens of percentage points to the procurement price, and producers cannot be burdened with the impact of price reductions.
According to PM Orban, this regulation applies to thirty essential food products that families purchase most frequently. He expects retailers to find ways to counter this decision, but the government will respond accordingly. He also stated that extending the measure to all food products would not fuel food inflation.
The security of mothers is paramount
According to Viktor Orban, the government firmly believes that the key to childbirth and child-rearing is whether mothers feel secure. Mr. Orban emphasized that, ideally, women should be able to rely on strong, financially capable men. However, if this is not the case—such as after a divorce—the burden of raising children often falls entirely on women. With its current decisions and tax cuts, the government aims to support mothers. He emphasized that this is a uniquely Hungarian policy, unparalleled anywhere in the world. In Western civilization, personal income tax is seen as an individual matter, but this is incorrect, because people live in families.
There is no doubt that, in the long run, living in a family leads to greater happiness, and it's also more advantageous, financially,
– he added. He also stressed that mothers' tax exemption can be introduced for life.