Hungary's government, led by Prime Minister Viktor Orbán, has introduced a measure to restrict grocers' profit margin on essential food items to 10% in response to the country's inflation challenges. In February, Hungary's annual inflation rate climbed to 5.6%, driven by a 7.1% increase in food prices, as reported by Hungary's statistical office. Orsolya Nyeste, a macroeconomic analyst, characterized the inflation data as an unwelcome surprise indicating growing price pressures. The government, described as populist, attributes the inflationary spike to external factors, such as the conflict in Ukraine and EU sanctions against Russia.