Fuel prices in Ukraine
Rising fuel costs will further put pressure on prices for goods and transport services.
The rise in fuel prices in Ukraine will accelerate to more than 9% at the end of 2024. This is stated in the “Inflation Report” of the National Bank of Ukraine.
According to the NBU, the rise in fuel prices slowed significantly to 6% in September, against 25.5% in June, which was less than predicted.
“At the same time, low oil prices and high inventories of gas station networks, formed before the increase in excise taxes, restrained the increase in prices for gasoline and diesel. The effect of the comparison base due to tax changes in July 2023 also had a restraining effect on prices,” the statement says. report.
The NBU predicts that the effect of significant fuel reserves will have quite…
