Government extends price margin cap until February 2026, announces major pay raises
Government extends price margin cap until February 2026, announces major pay raises
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Government extends price margin cap until February 2026, announces major pay raises

Attila Leitner 🕒︎ 2025-11-02

Copyright budapesttimes

Government extends price margin cap until February 2026, announces major pay raises

Gulyás said the price margin cap helps curb inflation by slowing price growth, and confirmed that SZÉP card balances can also be used for purchasing cold food items from December. “The goal is to reduce price pressures and protect Hungarian families’ purchasing power,” the minister said. National consultation on the tax system Gulyás also announced the launch of a new national consultation focused on tax policy, emphasizing that Hungarians will receive the consultation forms this week. “The United States has stepped back from financing the war, and the only way to continue would be through tax hikes — something we firmly reject,” he stated. The consultation will remain open until November 30. Orbán–Trump meeting confirmed The minister confirmed that Prime Minister Orbán Viktor will visit the White House on November 7 at the invitation of U.S. President Donald Trump. The two leaders are expected to sign energy, defense, economic, and financial agreements. Gulyás also noted that Budapest could host the upcoming peace summit, providing an opportunity for dialogue on the possible outcomes of the peace process. Wage increases in the social and cultural sectors From January 1, 2026, employees in the social sector will receive a 15 percent pay raise, including child protection guardians, whose caseload will be capped at 30 children. Similarly, the cultural sector will also benefit from a 15 percent salary increase at the start of next year. Government response to the Százhalombatta refinery explosion Gulyás confirmed that the government is investigating the recent explosion at the Százhalombatta oil refinery. He stressed that the costs of the damage should not be borne by motorists, adding that Minister of National Economy Nagy Márton will lead talks to ensure this outcome. Health investment in Mosonmagyaróvár Government spokesperson Eszter Vitályos announced a 28-billion-forint health infrastructure investment in Mosonmagyaróvár, part of the government’s ongoing regional development efforts. Gulyás on the Tisza Party Responding to journalists’ questions, Gulyás said that the Tisza Party plans to raise taxes, and when confronted with evidence, they “quickly changed the topic.” He reiterated that the government remains committed to the flat tax system, which he described as “the best for both people and the economy.” The minister also addressed recent controversies involving opposition figures, defending government communication and pointing out that “those who are outraged today remained silent when false videos were published about Prime Minister Orbán.”

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