The price of gasoline is the most expensive in the region in Hungary and will continue to rise

Thanks to the Hungarian government’s price cap, Hungary has had the cheapest fuel for more than a year. But now that the price cap is over, the cost of fuel has skyrocketed like nowhere else in the region.

The most expensive petrol in the region

Drivers filling up their tanks in Hungary are in for a rude surprise, vg.hu reports. At the current price, petrol costs HU 635 (EUR 1.58) per litre on average in Hungary, while diesel is charged for HUF 707 (EUR 1.76).

• Here is how Hungarian spas will combat rising energy prices

Looking at the price levels in neighbouring European countries, petrol in Hungary is the highest in the region. Having said that, in Western and Northern Europe, fuel is still significantly more expensive than in Hungary. In Germany, petrol costs EUR 1.70 and diesel EUR 1.83, while in Denmark it is EUR 1.84 and EUR 1.82.

• In Austria, petrol is EUR 1.46 and diesel 1.67,
• in Croatia (where a price freeze is in force), 1.34 and 1.6,
• 1.51 and 1.57 in the Czech Republic,
• 1.40 and 1.65 in Poland,
• 1.33 and 1.57 in Romania,
• 1.5 and 1.76 in Serbia (with a sliding price cap),
• 1.50 and 1.63 in Slovakia,
• 1.25 and 1.48 in Slovenia (also subject to a price freeze) last week.