Fuel prices – tank discount shows effect – economy

Gasoline and diesel were recently cheaper at German pumps or about as expensive as in most of the direct EU neighboring countries. On June 20, drivers paid an average daily price of 1.97 euros for a liter of Super E5 and 2.06 euros for a liter of diesel, as the Federal Statistical Office announced on Monday. A liter of E5 premium petrol (or Eurosuper 95) was cheaper that day only in Poland (EUR 1.70), the Czech Republic (EUR 1.93) and Luxembourg (EUR 1.94). Diesel was also cheaper in Poland (EUR 1.69), the Czech Republic (EUR 1.93) and Luxembourg (EUR 2.00) than in Germany. “One reason for the relatively lower prices in Germany is likely to be the temporary reduction in the energy tax on fuel as of June 1st, the so-called tank discount,” the statisticians wrote. The rates for petrol were reduced by 29.55 cents per liter and the rates for diesel by 14.04 cents per liter – limited to three months.

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