Gasoline and diesel usage and pricing
Cyprus to end its fuel tax break
As of April 1, the reduced consumption tax on fuel in Cyprus will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil.
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Bulgaria: Gasoline Up 3 Cents, Diesel Rises by 6 Cents/Liter in Last Month
Consumers may have noticed a slight uptick in fuel prices over the past month, with gasoline and diesel seeing modest increases in Bulgaria. According to data from the "Fuelo" platform, gasoline prices rose by 3 cents per liter (1.14 percent), while diesel saw a slightly larger increase of 6 cents per liter (2.21 percent).
Cuba to hike fuel prices over 500 percent
Cuba's cash-strapped government has announced that fuel prices will soar by more than 500 percent beginning Feb. 1, part of a series of economic measures aimed at reducing the deficit.
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Natural gas to contribute less to inflation: Central Bank
The contribution of natural gas to monthly inflation is expected to weaken in December, the Central Bank has said.
No sign of food price rise abating
Only a decline in consumption, which could lead to an economic recession and signal the entry of the Greek economy into a new vicious cycle, can now lead to a reduction in food prices.
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Special Consumption Tax on natural gas, petrol hiked
The Special Consumption Tax (SCT) on natural gas for household use and petrol has been hiked, according to a decree published in the Official Gazette.
The SCT on petrol was increased by 5 Turkish Liras ($0.19), but including the value-added tax (VAT), the pump price will be some 6 liras higher, while the cost of filling up a 50-liter tank will rise to 1,702 liras.
Prices at the pump up substantially
Fuel sold at service stations off the Slovenian motorway network will come substantially pricier over the next two-week period with the price of regular petrol hitting a 7-month high and diesel not having been as expensive since late March.
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Double impact on Cyprus gas stations
Cypriot citizens are in turmoil following the termination of reduced special consumption tax rates on transportation and heating fuels, which resulted in increases of 8.32 cents in gasoline and diesel, and 6.83 cents in heating fuel.
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Natural Gas in Bulgaria will become Cheaper by about 8% in July
Natural gas will become cheaper by about 8 percent in July and will be sold for about 60.50 leva per megawatt hour. This was announced by the executive director of Bulgargaz, Denitsa Zlateva, during the public discussion of prices.
US consumer price increases slow
U.S. consumer prices barely rose in May and the annual increase in inflation was the smallest in more than two years, though underlying price pressures remained strong.
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