Fuel prices increase in Hungary again, ministry remains calm

Prices at the pump in Hungary were competitive compared to those in neighbouring countries in the month of December, data compiled from the EU weekly Oil Bulletin by the Central Statistics Office (KSH) show, the National Economy Ministry said on Friday.

The price of petrol in Hungary averaged HUF 617/litre during the month, level with the average in neighbouring countries.

The average price of diesel was HUF 633/litre, HUF 3 under the average in neighbouring countries.

According to Menedzsment Fórum, Saturday will bring another round of price increases. From tomorrow, the average petrol price will be above HUF 627/l, while the average diesel price will stand at HUF 646/l.

Hungary’s government earlier said it would intervene if motor fuel prices exceeded the average in neighbouring countries, MTI wrote.

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