Fuel prices in Hungary: Retailers asked to align prices with regional average
The government has called on fuel retailers to align fuel prices in Hungary “voluntarily” with the regional average, the national economy minister said on Wednesday.
Márton Nagy said after a government session that the prices of 95 petrol and diesel, especially, had to return to the regional average.
Fuel prices in Hungary high
While prices have fallen some, the prices expected to come into effect on Friday are still higher than that by 10 and 27 forints per litre for diesel and petrol, respectively, he said.
The government has given retailers 2 weeks to comply before the cabinet examines the prices again “and will undertake stringent measures” if prices remain above the regional average, he said.
“The real solution would be peace”, Nagy said, adding that the government will continue to work to curb war-time prices.
Nagy noted that the Hungarian Petroleum Association (MÁSZ) has concluded an agreement to keep fuel prices in Hungary at the regional average, and sector players have aligned prices with the regional average published by the Central Statistical Office on Friday, he said. Hungarian oil and gas company Mol has cut the prices of diesel to 633 forints and that of petrol to 647 forints over the week, he added.
In order to protect families, the government is calling on all retailers to go back to regional prices as soon as possible, he said.
Read also:
- Why are petrol prices soaring in Hungary? Unveiling the truth behind the high costs!
- BREAKING: Russian gas giant Gazprom may be the main sponsor of Hungarian elite soccer club
Featured image: depositphotos.com
please make a donation here
Hot news
Orbán government continues program reshaping Hungary’s property sector
Happy news: 110-year-old nostalgia boat returns to Lake Balaton – PHOTOS
They cannot get bored: 9 June elections decide about war or peace
Mesmerising PHOTOS: Buda Royal Palace renovation in spectacular phase, entire walls being rebuilt
Former PM Gyurcsány’s party afraid of losing mayoral seats on 9 June in Budapest
Unexpected: New Hungarian airline may start operating soon, here is its name!