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Feb 08, 2018

Budapest taxi fares set to increase by 15 percent

Zoltán Metal, the head of the National Taxi Federation, said that he has submitted plans to the Budapest Municipal Council, including an increase in starting fee, the price per kilometer and waiting fares

The cost of a taxi in Budapest could increase by 10 to 15 percent in April after drivers submitted a plan to authorities to increase fares.

Zoltán Metal, the head of the National Taxi Federation told Világgazdaság that it has submitted plans to the Budapest Municipal Council, including an increase in starting fee, the price per kilometer and waiting fares.

According to MTI, if the plan is approved by the council, the fare hike would require passengers to pay 300-400 HUF (0.96-1.28 EUR) more on average for a ride. Metal said the federation is ready for further consultations with city management over the matter.

Taxi fares in Budapest have not changed in the past five years, but drivers have seen their expenses rise during the same period, with insurance fees going up by 30-40 percent this year and other costs such as car repair have also risen.