Economy
Taxi fares in Budapest will not be raised in January yet - portal
The portal has learned that negotiations between cabbies and the municipality remain informal. It is still uncertain when fares will be raised or if there will be a hike at all.
Taxi drivers argue in favour of higher fares by saying their costs have risen over the last few years, while their revenues are determined by fares that have been the same since 2013. They have no capacity to take 100,000 to 150,000 passengers a month on average because there are not enough taxis on the streets, they claim.
If the Budapest Municipality nods on the taxi drivers’ request, an average nine-kilometre trip will cost 14% more.
Budapest cabbies officially want a 10% fare hike, which would, in fact, make trips about 20% more expensive. Their arguments in favour of higher fares were odd, to say the least. They cited the raise to the minimum wage, inflation and fuel prices as the main factors behind their demand. None of these are valid, though.Front page photo by MTI Fotobank, Zoltán Balogh
Taxi drivers argue in favour of higher fares by saying their costs have risen over the last few years, while their revenues are determined by fares that have been the same since 2013. They have no capacity to take 100,000 to 150,000 passengers a month on average because there are not enough taxis on the streets, they claim.
If the Budapest Municipality nods on the taxi drivers’ request, an average nine-kilometre trip will cost 14% more.
Budapest cabbies officially want a 10% fare hike, which would, in fact, make trips about 20% more expensive. Their arguments in favour of higher fares were odd, to say the least. They cited the raise to the minimum wage, inflation and fuel prices as the main factors behind their demand. None of these are valid, though.Front page photo by MTI Fotobank, Zoltán Balogh
