The double rise of prices is expected this year, and the rising tariffs may increase the annual inflation rate, too. The official prices of this year had been calculated on the basis of much lower prices of crude oil. The price of gas follows the oil prices with a 9 months’ delay, says László Varró, leading economist of the Hungarian Energy Office to Világgazdaság.
The first half of the year produced a profit of HUF 13 billion for MOL but this sum can be dissolved within four or five months. The economist warns of the fact that 40 pc of the electric power stations in Hungary is operated by gas. The price raise will evidently burden the households which have accumulated already huge debts but it can also upset inflationary expectations.
Translated by Péter Szentmihályi Szabó
origo.hu
Egy szélsőbaloldali provokátor kerül Gyurcsány helyére
