Speaking on commercial broadcaster TV2 on Thursday, Róbert Zsigó said prices of close to 870 of the some 1,000 food products affected by the 10% markups cap had dropped.

He added that the prices of 276 products had fallen by more than 30%.

Zsigó noted that the European Commission had launched infringement procedures against Hungary seeking the rollback of the food markups cap and another, 15% cap on a range of household products.

He added that Hungary had been attacked repeatedly for putting the interests of its citizens ahead of the profits of multinationals