The new regulations include limiting sellers' margins, tax changes and introducing direct price controls.
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The Czech Republic wants to lower fuel prices. There will be lower excise duty and maximum margins.
From April 8 in the Czech Republic the maximum margin for fuel sellers will be set at CZK 2.50, or approximately PLN 0.44 per liter. This restriction will apply to both petrol and diesel.
Prime Minister Andrej Babiš pointed out that government analyzes showed cases of disproportionate increase in margins. As he noted, earlier appeals to sellers to reduce prices had not brought any results, so it was necessary to introduce more decisive solutions.
At the same time, the government decided to reduction of excise duty on diesel oil. The rate will drop from CZK 9.95 to CZK 7.60 per liter, which means a reduction of CZK 2.35 (41 gr).
In the case of gasoline, excise duty remains unchanged and is still CZK 12.84 (PLN 2.24) per liter. The different approach to both fuels results from, among others, from their importance for transport and the economy.
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Daily setting of maximum prices.
Another new feature will be the mechanism for setting maximum fuel prices on a daily basis. The system will come into effect on April 7, and prices will be announced one day in advance.
This solution is intended to increase state control over the market and limit sudden and unjustified price increases at gas stations.
The changes introduced are a direct response to the dynamic increase in fuel prices. According to market data EU95 petrol recently cost on average CZK 41.60 (PLN 7.27) per liter, and diesel oil CZK 48.33 (PLN 8.44).
