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Postal prices could rise over 10% for some products from Jan

State-owned Hungarian postal company Magyar Posta could raise prices more than 10% for some services from January, although the average increase is not to exceed the rate of inflation according to official statements, daily Népszabadság reported on Saturday.

Magyar Posta could contract with state-owned railway company MÁV for delivery services again, the paper said.

Magyar Posta would not confirm the reports as its business plan has still not been approved. But the company said it would try to see that average prices for the most frequently used retail services rise at a rate in line with inflation.

Népszabadság said the price of postage for a standard letter could rise from HUF 80 to HUF 90. (MTI-Econews)