- Hans Weber
- January 31, 2023
Fuel prices continue to drop. The average price of gasoline fell below 40 crowns
For diesel, the drop was not so drastic, in a week it fell by 51 pennies to 44.70 kroner per liter. This is according to data from CCS, which tracks prices.
Natural 95 started to slowly become cheaper in the Czech Republic at the beginning of the holidays, when the average price was close to 48 CZK/l, which was the highest level ever. Diesel was roughly the same price then, it was only more expensive in the spring shortly after the invasion of Ukraine by the Russian army. During the holidays, fuel became cheaper, the drop in prices stopped only in the last holiday week. But prices are still significantly higher than a year ago. At that time, drivers paid about five crowns less for gasoline, diesel was about 13 crowns cheaper per liter.
The government has taken several measures against the sharp rise in fuel prices. Among other things, from the beginning of June, for four months, the consumption tax on gasoline and diesel fuel was reduced by 1.50 kroner per liter. For diesel, on Wednesday it approved the extension of the consumption tax reduction until the end of next year. According to Finance Minister Zbyňek Stanjura (ODS), the reason is not high prices, but a comparison of the competitive environment, especially with Poland. “If we didn’t do it, our carriers, who for example have competition in border areas, would have a loss of 1.50 kroner for each liter when they create a price offer,” said the Minister of Finance.
The cheapest gasoline is now filled by drivers in the South Bohemian region, where a liter costs 38.67 kroner on average. Diesel is the cheapest in the Hradec Králové region, a liter is sold there for an average of 44.22 crowns. Conversely, the most expensive gasoline is filled by drivers in the Central Bohemia region, where a liter of gasoline costs an average of 39.58 crowns. The most expensive diesel is filled in Prague, where a liter is sold for an average of 45.24 crowns.