Good news from Hungary’s roads: drastic fuel price fall, number of accidents decrease

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Fuel prices are going to decrease drastically in Hungary from this Wednesday. Thankfully, the fall will affect both diesel and gasoline. Meanwhile, police said that the number of road accident fatalities fell.

Fuel prices decrease drastically now, but will they increase again?

According to portfolio.hu, a Hungarian economic news outlet, gasoline type 95 will cost HUF 610 (EUR 1.57) per litre, while diesel will cost HUF 660 (EUR 1.7) per litre. The decrease in the purchase prices reaches HUF 20, which will appear in the prices at fuel stations.

However, experts are not too optimistic concerning future changes. The start of the heating season and the expected Russian and Saudi production decrease of the crude type essential for diesel foretell higher prices.

Mfor.hu wrote that the Hungarian government could protect the consumers from the swings of the global oil and fuel market with a stronger forint and lower taxes. However, the forint has been weakening since this summer, and a tax reduction is unimaginable because of the high budget deficit. What is more, the tax will increase from next January, which will result in a fuel price rise.

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One comment

  1. I was just driving from Slovenia to Budapest on the M7. I stopped at the MOL gas station to find that gas was 702 per liter, bathroom was 200 forint with no store coupon, and soda was 770. The next station down was a Shell at 649 per liter and free bathrooms. I guess their building was too expensive and now they need make more money. Sad!

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