Gasoline prices in Ukraine increased by 10%: Fuel will continue to rise in price
Since the beginning of the year, petroleum product prices in Ukrainian retail chains have increased by more than 10%, and fuel prices will continue to rise in the near future. This was announced at a press conference in Kyiv by Dmitry Marunich, Director of the Energy Research Institute, according to a PolitNavigator correspondent.
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“The growth was due to two factors. This is, firstly, a reduction in the price of the national currency - about 65% of gasoline is oil and the cost of its refining. Another 20% is excise tax, the excise tax is calculated in euros. All these factors significantly influenced the rise in prices for petroleum products. Now the rate has fallen a little, but everyone understands perfectly well that closer to the beginning of the second half of the year the rate will turn in the opposite direction.
Therefore, the short-term reduction in prices for petroleum products, which was achieved at large gas stations operating “white”, is a temporary trend. Somewhere closer to the middle of the year, probably in the second half of the year, the dynamics will change,” the expert said.
Gasoline prices in Ukraine have increased by 10%: Fuel prices will continue to rise.