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News Wire / economy

Fuel Tax Cut Benefits Not Fully Passed To Consumers

Bayern 2 Munich 40d Impact 5
German automobile club ADAC reports that mineral oil companies have not fully passed fuel tax savings to drivers. The price decrease for diesel and gasoline at pumps was approximately 3 cents lower than the 16.7 cent tax cut effective since yesterday.

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fuel prices tax cuts Germany

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Sources · 7 independent

Bayern 2

“Die Mineralölkonzerne haben den Tankrabatt bislang nicht komplett an die Autofahrer weitergegeben. Nach Berechnungen des Automobilclubs ADAC fiel der Preisrückgang bei Diesel und Benzin an den Zapfsäulen um etwa 3 Cent geringer aus als die seit gestern geltende Steuersenkung von 16,7 Cent.”

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