Hungary's government has decided to impose a cap on fuel prices to shield consumers from sharp price rises and keep a lid on surging inflation, Prime Minister Viktor Orban's chief of staff said on Thursday.
As of Nov. 15, petrol and gasoline prices cannot exceed 480 forints ($1.54) per litre at fuel stations, below current prices of over 500 forints, Gulyas told a weekly news conference. The cap on fuel prices will be in effect for 3 months. ($1 = 311.98 forints)
(Reporting by Budapest bureau Writing by Gergely Szakacs; Editing by Toby Chopra)
