Fuel prices will continue to decrease in Hungary
Domestic fuel prices developed favourably in March compared to average prices in neighbouring countries, the National Economy Ministry said on Friday.
The price of petrol in Hungary averaged HUF 601/litre during the month, HUF 6 under the average in neighbouring countries, the ministry said, citing data compiled from the EU weekly Oil Bulletin by the Central Statistics Office (KSH).
The average price of diesel was HUF 618/litre, HUF 6 under the average in neighbouring countries. Hungary’s government earlier said it would intervene if motor fuel prices exceeded the average in neighbouring countries.
Holtankoljak.hu wrote that the reason for the fuel price decrease is the fall of oil prices on the international markets, and the trend is expected to continue next week.
The Orbán cabinet talked before about a possible intervention concerning fuel prices, if they do not go down.
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