Date: 5 months ago   Category: Energy

The Audit Chamber allowed sharp increase in prices for gasoline since January 1 because of increase in excises — Rambler News Service


Increase in excises on gasoline and diesel fuel in Russia since January 1, 2019 can lead to the sharp growth of retail prices for fuel, it is told in the conclusion of Audit Chamber on the draft budget for 2019 and planning period of 2020 and 2021. "Increase in an excise by 1,5 times since January 1, 2019 can lead to sharp increase in prices for gasoline again and demand acceptance of the additional compensatory and constraining measures", - it is said in the document. At the same time the Audit Chamber considers that the measures for stabilization of fuel prices taken by the government in the summer were insufficient for reduction of prices. "In July and August petrol prices fell slightly (by 0,2% and for 0,3% respectively) that it is not enough for compensation of the advancing increase in prices which is saved up since the beginning of year (following the results of July since the beginning of year – 108,8%)", - notes department.

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