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Gas is rising again: it has jumped from the beginning of the year by 57 cents per liter - voila! Of money

2024-02-28T12:43:30.993Z

Highlights: Gas is rising again: it has jumped from the beginning of the year by 57 cents per liter. The maximum price per liter of unleaded 95 octane gasoline for the consumer at a self-service station (including VAT) shall not exceed NIS 7.51 per liter - an increase of 13 shekels compared to the price set last month. This is the third time in a row that fuel prices have risen. The price of fuel starting Wednesday night will be the highest since July 2022, when the price amounted to more than NIS 8.


The price of fuel will increase by 13 cents per liter on the night between Thursday and Friday, after it had already increased by 44 cents since the beginning of the year


Documenting a robbery at a gas station in Shafaram/Israel Police spokesmen

Fuel is rising again, for the third time in a row.

The maximum price per liter of unleaded 95 octane gasoline for the consumer at a self-service station (including VAT) shall not exceed NIS 7.51 per liter - an increase of 13 shekels compared to the price set last month.



This is the third time in a row that fuel prices have risen, and an increase of 57 shekels per liter since the beginning This year, this after the temporary order that reduced the price of the excise tax was not renewed.



The supplement for full service will be 22 cents per liter (including VAT), unchanged from the previous update.

gas pump.

Direct spending for every household/Flash 90, Olivier Fitosi

The price of fuel starting Wednesday night will be the highest since July 2022, when the price amounted to more than NIS 8.



This is a direct increase of hundreds of shekels for each household in the first stage: an average family car does about 15,000 km per year, which means that the annual increase due to the current increase is 175-225 shekels per vehicle. Within a month this is already an annual increase of 550 shekels per vehicle In addition to this, the increase in fuel prices will also raise the prices of transportation, and

will



create waves of price increases for food and other products. However, an immediate increase in public transportation fares is not expected, these are updated once a year, with the state directly compensating the operators for such increases.



The price of fuel is published monthly by the Ministry of Energy and is determined according to a formula that appears in the inspection order. The formula includes, among other things, the average fuel prices in the Mediterranean basin, and also refines the basket of marketing expenses, excise tax and value added tax.

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Source: walla

All business articles on 2024-02-28

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