No Fuel Price Pass - Through But Hungarian Govt Plans No Intervention
- 17 Feb 2015 2:50 AM
Antal Rogán, parliamentary group leader of governing Fidesz, said early in February that the ministry should analyse the reasons for the failure of lower motor fuel prices to pass through to other prices.
The ministry said that businesses still recovering from the drop in demand during the crisis were probably using the lower fuel prices to improve their profitability.
It noted that consumer prices had fallen by an annual 1.4% in January, accelerating from a 0.9% decline in the previous month, and inflation was expected to remain moderate for the entire year.
Source www.hungarymatters.hu
Follow that link to sign-up for MTI’s twice-daily newsletter.
LATEST NEWS IN shopping