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Govt caps petrol, diesel price for wholesalers

February 28th, 2022

The government is capping wholesale price of petrol and diesel at 480 forints (EUR 1.3) a litre from Monday, which will contribute to the more competitive operation of retail gas stations, the ministry of innovation and technology said on Monday. The cap on retail petrol and diesel prices was introduced in November, and has been extended until May 15. The government introduced the measure to cushion the impact of high inflation.


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