This means that average fuel prices will be inch closer to the HUF 600 mark in the second half of the week.
The average price of 95-octane gasoline is expected to be HUF 610/l, while that of diesel will be HUF 618/l.
Eszter Bujdos, head of holtankoljak.hu, told Index that the trends show that fuel prices have been falling steadily in recent weeks.
This is also surprising because earlier the international and domestic markets clearly expected the new Brussels sanctions to have a price-lifting effect, but this seems to have been absent for the time being.
"Looking at the trend, the current state of the forint, either against the dollar or the euro, shows a strengthening. This in turn will help to ensure that this decline is sustained, or that it is set at this level. However, the big question will definitely be the price of oil," the expert told Index.hu.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
