Hungary's Food Prices Skyrocket, Ham and Fruit Become Luxuries.

Hungary is facing the biggest spike in food prices in the European Union, with food prices surging more than 45% over the year, far surpassing the next highest figure of just over 29% in Slovakia. The rising cost of living has led to rapid increases in wages, added costs that businesses are partly pushing onto customers. Inefficiencies in Hungary's farming and food processing industries and a historic devaluation of the forint currency made the country's “extreme inflation” worse than anywhere else in the EU.