Fuel prices do not drop next week. Government to change the Tax on Petroleum Products

Fuel prices do not drop next week. Government to change the Tax on Petroleum Products
Fuel prices do not drop next week. Government to change the Tax on Petroleum Products

Fuel prices do not drop next week. Government to change the Tax on Petroleum Products

The price of fuel will not drop at the beginning of the week, because the Government has decided to cut the discount that is being applied to the Tax on Petroleum Products (ISP).

The tax will be reduced by 3.9 cents per liter for diesel and 2.4 cents per liter for gasoline.

This decision should cancel the drop in fuel prices forecast for next week, which pointed to minus 3 cents in diesel and minus 1 cent in gasoline.

The price of diesel may remain unchanged, but gasoline should be 1 and a half cents more expensive from Monday.

Diesel has been falling for seven consecutive weeks and gasoline for a month.

Bloco de Esquerda considers tampering with the ISP “incomprehensible” and “unforgivable”

“It is absolutely incomprehensible the Government’s decision to raise the ISP and with that cancel the decrease that was expected to exist tomorrow [segunda-feira] in fuels. Fuels have had absurd prices, prices that impact the entire economy and the Government’s action in not allowing prices to drop is an action that will harm everyone”, said the party leader.

Catarina Martins pointed out that “Portugal is one of the countries where food goods have increased the most”, which is why she repeated her criticism of the Government for “not keeping up with inflation”.

“We have a Government that did not allow wages to rise and did not follow inflation. It did not control prices”, he said.

The Left Block coordinator defended “control of price margins and energy prices” and admitted that the ISP may not be the solution and stressed that “this is an impossible situation for the country”.


The article is in Portuguese

Tags: Fuel prices drop week Government change Tax Petroleum Products

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