A meeting was called to review international events and economic developments affecting the Hungarian fuel supply.Continue reading
From Friday, fuel prices will change again; therefore, both petrol and diesel cars will be able to fill up cheaper at Hungarian gas stations, writes Index.
According to a recent report by the fuel price monitoring blog, holtankoljak.hu, fuel prices will drop further from Friday, May 17. The wholesale price of petrol will be HUF 5 (1 EUR = HUF 386) lower in gross terms, while the price of diesel will be HUF 4 lower in gross terms.
The price reduction is likely to have been influenced by the strengthening of the forint.
If the change is applied at Hungarian pumps, motorists will see the following average prices from Friday:
As reported by Index, on Monday, the Independent Petrol Stations Association (Független Benzinkutak Szövetsége) issued a statement criticizing the government’s tax policy, saying that family-run fuel retailers in Hungary are under threat.
The Ministry for National Economy quickly responded, calling on the association to stop making accusations in the interests of families. In order to protect families, the government calculated that the price of petrol had been cut by around six percent and that the price of diesel had been reduced by eight percent.
Via Index; Featured image via Facebook/Orlen