ADVERTISEMENT

October natural gas price lowest in Budapest

Figures

According to an international price comparison study by the Hungarian Energy and Utilities Regulatory Authority (MEKH), the average price of natural gas was lowest in Budapest in October, and Hungarian households paid the second-best price for electricity among the 29 European capitals surveyed, writes profitline.hu.

MEKH emphasized that the price of electricity and natural gas paid by consumers using the universal service in Hungary is kept fixed by law, so the Hungarian population is protected against price increases in the markets.

According to the agency's international price comparison study, the average price of electricity paid by residential consumers in October was 10.62 euro cents per kilowatt-hour, which is the second most favorable in the list of surveyed capitals.

In Budapest, the average household price of natural gas was 2.87 euro cents, the cheapest among the capitals surveyed.

ADVERTISEMENT

Purchasing Managers' Index rises Analysis

Purchasing Managers' Index rises

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

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.