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Hungary's leader orders price controls on basic foods as inflation spikes

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Prime Minister Viktor Orbán says grocers must limit their markup to no more than 10% of wholesale price on 30 different food items.

Inflation data released Tuesday by Hungary 's statistical office showed an annual inflation rate of 5.6% for February .

Food prices were up 7.1% on the year ; average inflation in the 20 -member eurozone was 2.4% .