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ADAC: Diesel price climbs record high in Germany

2021-10-18T09:46:46.643Z


The fuel prices at German petrol stations have been rising for weeks. Now the diesel price has reached a new high of 1.555 euros per liter. The price increase has several reasons.


The fuel prices at German petrol stations have been rising for weeks.

Now the diesel price has reached a new high of 1.555 euros per liter.

The price increase has several reasons.

Munich - Diesel is more expensive than ever at filling stations in Germany.

In the nationwide daily average on Sunday, the price was 1.555 euros per liter, as the ADAC announced.

This slightly exceeded the previous record of EUR 1.554 per liter on August 26, 2012.

Gasoline is also approaching a peak.

Super of the E10 variety was 1.667 euros per liter on Sunday.

This means that only 4.2 cents are missing from the record of 1.709 euros on September 13, 2012.

Oil price, demand and carbon price

The fuel prices have been rising for months.

The main driver is the oil price, which rose after the Corona slump last year and reached multi-year highs on Monday.

In the case of diesel, this is also reinforced by the high demand for heating oil that is typical of autumn.

Since the beginning of the year, the carbon dioxide price of 25 euros per ton has resulted in an additional surcharge of around 6 to 8 cents per liter.

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Inflation rate in Thuringia at 4.1 percent

Consumer prices in Thuringia continued to rise in September.

They were 4.1 percent higher than a year ago.

In August, the inflation rate in the Free State was still 3.8 percent.

Above all, fuels, heating oil and many services turned out to be price drivers.

This emerges from information from the State Statistical Office on Tuesday.

Inflation rate in Thuringia at 4.1 percent

In the case of electricity, consumers are threatened with further price surcharges

The rising price of electricity is becoming more and more of a nuisance - for consumers and businesses.

Many see the federal government as responsible to stop the soaring.

In the case of electricity, consumers are threatened with further price surcharges

EU makes rising energy prices a top priority

Gas prices have been rising steeply for months.

That is why calls for a reaction from the EU are getting louder.

Germany's largest gas importer Uniper sees little chance of a quick turnaround.

EU makes rising energy prices a top priority

The development is particularly drastic if you compare it with the previous year.

At that time, oil and fuel prices had reached lows due to the corona crisis before the trend reversal occurred at the beginning of November 2020.

The increase is also causing political debates, including the outgoing Transport Minister Andreas Scheuer (CSU) recently calling for effective countermeasures to be prepared in the event of a further sharp rise in energy and fuel prices.

A large part of the fuel price at the pump are taxes and duties.

For diesel, at the current price level, this is around 25 cents VAT, a good 47 cents mineral oil tax and 6 to 8 cents from the carbon dioxide price.

(dpa)

Source: merkur

All news articles on 2021-10-18

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