Petrol and diesel are already above two euros and practically ‘eat’ the 20 cent subsidy

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Compared to a year ago, the average price of a liter of petrol has increased by 55.7%, while diesel is 64% more expensive. Since Russia’s invasion of Ukraine in late February, prices of both fuels have skyrocketed by more than 30%.

Euskaraz irakurri: Petrol eta gasolio litroa bi euroren gainetik, eta 20 zentimoko diru-laguntza ia ‘jan’ dute dagoeneko

The average price of petrol and diesel in Spain has risen this week to a new historical record and is already above the level of two euros, also ‘eating’ practically in both cases the entire subsidy of 20 cents per liter that came into effect last April

Specifically, the average price of a liter of petrol stood at 2,117 euros this week, after an increase of 3.36% from seven days ago, according to data from the European Union Oil Bulletin.

In the case of diesel, the average price per liter has risen by 4.54% in the past week, exceeding the two euros (EUR 2,003) bar for the first time.

Taking into account a year agothe average price of a liter of petrol has become 55.7% more expensive, while in the case of diesel it is 64% more expensive, albeit without taking into account the discount currently in force.

Meanwhile, from the invasion of Ukraine by Russia at the end of February, the prices of both fuels have increased by more than 30%.

With these levels, the price of unleaded petrol of 95 in Spain has been maintained ever since above the European Union averagelocated at 2,042 euros per liter, although not from the eurozone, with an average price of 2,097 euros.

In the case of diesel, the price in Spain is also higher than the EU average of 1,981 euros, although with a price of 2,029 euros it is below that of the eurozone.

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Source: EITB

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