ADVERTISEMENT

Fuel Price Hike Coming This Wednesday

Figures

Image by Pixabay

The rise in fuel prices shows no signs of slowing down, with the next price hike at domestic refueling stations coming on Wednesday, vezess.hu reports.

This time, the wholesale price of gasoline and diesel will rise by seven forints each, which will probably be reflected in prices at the pumps.

Taking into account the change in purchase prices, the new average price of 95 is expected to be HUF 636 forints for gasoline and HUF 645 for diesel.

Several factors can significantly increase the price of fuels, including the decrease in production, the price of Brent crude oil, the weakening of the forint, and the increase in excise duty, according to a recent article by news site index.hu.

it is possible that gas prices may increase to approximately HUF 700 / liter by January 2024, the report points out.

Paks II Work 'Rumbling Ahead,' Says Szijjártó Power

Paks II Work 'Rumbling Ahead,' Says Szijjártó

Hungary Solar Capacity Climbs Over 6,700 MW Government

Hungary Solar Capacity Climbs Over 6,700 MW

New Tenants at Academia Offices Office Market

New Tenants at Academia Offices

Visitor Numbers, Guest Nights Climb in H1 Tourism

Visitor Numbers, Guest Nights Climb in H1

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.