Fuel prices to be raised sharply in Hungary

Portfolio
Hungarian energy group Mol is to raise the wholesale gross list price of both petrol and diesel on Wednesday (14 February), fuel price tracking site holtankoljak.hu reported on Monday.  
Benzin

The wholesale gross list price of petrol will be raised by HUF 7 per litre and that of diesel by HUF 11 per litre on 14 February. With the planned change, we should find the following retail prices (on average) at the pumps as of Wednesday:

  • 95-octane petrol: HUF 607/litre 
  • Diesel: HUF 651/litre
240212fuel01

By Wednesday, fuel prices will have gone up a lot since the end of 2023, though: HUF 37 (+6.5%) in the case of petrol and HUF 58 (+9.8%) in the case of diesel. You may get some consolation looking at end-2022 prices, but if you look further down the road, the smile will quickly turn into a frown.

This is how fuel prices changed in Hungary since the start of 2023. The price of both fuel types was last this high at the end of October.

240212fuel02

This is how Hungarian fuel prices compared to prices in neighbouring countries last Wednesday:

Cover photo: Shutterstock

 

More in Economy

Alfa Union 2
May 08, 2025 16:27

Alfa and Union insurers also limit their home insurance premiums in Hungary

Giving in to the EcoMin's 'recommendation'

dobrev-gyurcsány
May 08, 2025 15:48

Ferenc Gyurcsány to completely withdraw from Hungarian public life

And is getting divorced

Allianz Hungária 2
May 08, 2025 15:32

Allianz Hungary announces voluntary cap on home insurance premiums

Ministerial pressure at work

korminfo
May 08, 2025 12:50

EU plan to toss Russian energy could scupper Hungarian overhead reduction scheme

15% margin cap to be introduced for drugstores

GettyImages-2204131066-fény-fürdő-higiénia-szennyvíz-viz-vízellátás-vízgazdálkodás-vízkészlet-vízminőség
May 08, 2025 10:32

Hungary implements 15% margin cap for drugstores

Toiletries, household goods are affected

LATEST NEWS

Detailed search