Energy authority: Budapest gas prices lowest among European capitals in November

The average price of gas was 2.86 eurocent in Budapest in November, the lowest among European capitals, the Hungarian energy authority said on Tuesday.

The Hungarian Energy and Public Utility Authority (MEKH) said in its monthly report that households paid 10.58 cents/kWh for electricity, the second lowest price among the cities surveyed.

MEKH noted that the government had placed a price cap on electricity and gas prices to protect Hungarian private consumers from market volatility.

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