Motor fuel price statistics

HCSO publishes statistics on motor fuel prices in Hungary and in countries in the region monthly from 2 August 2024. The time series can be downloaded from the Experimental statistics subpage from April 2024. The basis of experimental statistics on motor fuel prices is data from the EU’s Weekly Oil Bulletin, of which HCSO calculates regional average prices for 95 octane petrol and diesel fuel. The statistics show regional price disparities as for the different countries and Hungary, helping monitoring and comparisons.

Countries in the region: Austria, Bulgaria, Czechia, Croatia, Poland, Hungary, Romania, Serbia, Slovakia and Slovenia.

The source of the data for EU member states is the EU’s Weekly Oil Bulletin. The different member states supply the data on the basis of Council Decision 1999/280/ECCouncil Decision of 22 April 1999 regarding a Community procedure for information and consultation of crude oil supply costs and the consumer prices of petroleum products.[1]. Motor fuel price data for Serbia come from the GlobalPetrolPrices.com page. The data for Hungary are supplied to the European Commission by the Hungarian Energy and Public Utility Regulatory Authority (MEKH).In compliance with Decree No. 20/2004 (27 February) of the Ministry of Economy and Trade on international data supply on crude oil and oil products.[2]

Weekly data taken from the Weekly Oil Bulletin are referenced as the daily consumer price from Tuesday to Monday for the previous week. Monthly average prices are calculated weighted by the days of the month. If data for the last week of the month is not yet available, the average prices from the latest available Weekly Oil Bulletin release are used for the missing days. No revisions are applied retrospectively. Detailed information on data for the different countries is available on the homepage of Weekly Oil Bulletin.

The regional average price is calculated without the datum for Hungary, as the arithmetic average of the data for the other nine countries in the region.

The average price in neighbouring countries is calculated without the datum for Hungary, as the arithmetic average of the data for the six surrounding countries without Ukraine.

Updated monthly data will be published regularly, at 8.30 a.m. on every first Friday of the month, on the Office’s subpage presenting experimental statistics as well as in the Prices section of the HCSO Monitor interface.

[1]: Council Decision of 22 April 1999 regarding a Community procedure for information and consultation of crude oil supply costs and the consumer prices of petroleum products.

[2]: In compliance with Decree No. 20/2004 (27 February) of the Ministry of Economy and Trade on international data supply on crude oil and oil products.