The almost 35 percent fare increase was justified by higher vehicle fuel prices, rising inflation, and minimum wage increases.Continue reading
The cost of taking a taxi in the capital will rise by one third from Monday, on the back of a rise in fuel prices, higher inflation, and an increase in the minimum wage.
The basic taxi fare in Budapest will rise from 700 forints to 1000, while the per-kilometer fare will go up from 300 forints to 400. The per-minute fee will rise from 75 forints to 100 forints, based on a decree issued by the metropolitan assembly on 13 April.
The fare increase is the result of a compromise reached between taxi companies and the Budapest administration, Ambrus Kiss, one of the city’s deputy mayors, said when the decree was announced.
Featured photo by Zoltán Balogh/MTI