Gov’t Ready to Intervene If Fuel Prices in Hungary Exceed Regional Level

  • 21 Jan 2025 9:42 AM
  • Hungary Around the Clock
Gov’t Ready to Intervene If Fuel Prices in Hungary Exceed Regional Level
The government is ready to intervene with all means at its disposal if fuel prices in Hungary exceed the regional price level, the Economy Ministry announced.

The ministry said several developments have occurred in recent weeks that have driven up the market price of crude oil and finished products.

The statement did not mention the price-raising effect of the increase in domestic excise tax from January 1, Portfolio observes.

Average prices in the region are Ft 637 per litre of petrol and Ft 654 per litre for diesel, while domestic prices are Ft 636 and Ft 654, respectively, the ministry adds.

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here.

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

Explore More Reports