Motor Fuel Firms Officially Requested to Further Reduce Prices in Hungary

  • 1 Jul 2024 7:58 AM
  • Hungary Matters
Motor Fuel Firms Officially Requested to Further Reduce Prices in Hungary
The government called on motor fuel companies to bring prices at the pump under the average in neighbouring countries, in line with the practice in earlier months, in a statement issued by the national economy ministry.

If prices don’t fall, the government is prepared to intervene on the market, it added.

Petrol prices in Hungary were level with the average in neighbouring countries during the week, but diesel prices were higher, data compiled from the EU Weekly Oil Bulletin by the Central Statistical Office (KSH) and published on Friday show.

The price of petrol in Hungary averaged 606 forints (EUR 1.53) per litre during the week, the same as the average in neighbouring countries.

The price of diesel stood at 624 forints per litre, 13 forints higher than the average in neighbouring countries.



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