Free Trial

Nagy Recommends Government to Intervene in Fuel Prices

HUNGARY
  • The Minister of the National Economy Marton Nagy has commented on Hungarian fuel prices (via local newspaper vg.hu): “I recommend that the government intervene in fuel prices at tomorrow's government meeting.” Click here to see the full story.
  • As a reminder, the National Economy Ministry said in statement this morning that higher motor fuel prices have added 0.6-0.7ppts to headline inflation. The ministry noted that prices at the pump were up 11pc for petrol and 13pc for diesel compared to a year earlier.
  • The Hungarian cabinet are set to discuss re-introducing fuel price caps at a meeting tomorrow.
96 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • The Minister of the National Economy Marton Nagy has commented on Hungarian fuel prices (via local newspaper vg.hu): “I recommend that the government intervene in fuel prices at tomorrow's government meeting.” Click here to see the full story.
  • As a reminder, the National Economy Ministry said in statement this morning that higher motor fuel prices have added 0.6-0.7ppts to headline inflation. The ministry noted that prices at the pump were up 11pc for petrol and 13pc for diesel compared to a year earlier.
  • The Hungarian cabinet are set to discuss re-introducing fuel price caps at a meeting tomorrow.