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Fuel price with taxes in Latvia was lowest in Baltics in the beginning of January

Alla Petrova, BC, Riga, 11.01.2011.Print version
The retail price for 95-octane fuel in Latvia in the beginning of January 2011 was EUR 1,190.48 (LVL 836.67) per 1,000 liters, including taxes, which is the fourth lowest figure in the European Union, according to the European Commission. In Estonia the retail price for 95-octane fuel was EUR 1,194 per 1,000 liters, which is the fifth lowest in the EU, while in Lithuania it was EUR 1,259.95 per 1,000 liters, which is ninth lowest price in the EU.

The Commission's data shows the average fuel prices in the EU on January 3.

 

However, without taxes, the retail price for 95-octane fuel in Latvia in the beginning of January was thirteenth lowest in the EU – EUR 596.82 (LVL 419.45) per 1,000 liters, which is close to the average price level in the EU, informs LETA.

 

The lowest retail price for 95-octane fuel (including taxes) was registered in Bulgaria – EUR 1,123.43 per 1,000 liters, in Cyprus – EUR 1,129.72 and in Rumania – EUR 1,168.71 per 1,000 liters.

 

However, the highest retail price for 95-octane fuel was registered in Greece – EUR 1,593, the Netherlands – EUR 1,579 and in Denmark – EUR 1,522.86 per 1,000 liters.

 

The average retail price for 95-octane fuel in the EU on January 3 was EUR 1,419.80, and EUR 1,437.07 in the eurozone.

 

Excluding taxes, the highest retail price for 95-octane fuel was in Denmark – EUR 647.65 per 1,000 liters. It is followed by Malta with EUR 640.79, Italy – EUR 633.92 per 1,000 liters.

 

The lowest retail price for 95-octane fuel, excluding taxes, was in Ireland – EUR 525.23 per 1,000 liters, followed by Austria – EUR 539.91, and Great Britain – EUR 549.24 per 1,000 liters.

 

In Estonia the retail price for 95-octane fuel, excluding taxes, on January 3 was EUR 527.23 per 1,000 liters, which is seventh lowest price in the EU, while in Lithuania it was EUR 606.85 per 1,000 liters.

 

The average retail price for 95-octane fuel, excluding taxes, in the EU on January 3 was EUR 588.42, and EUR 599.31 in the eurozone.

 

However, the retail price for diesel, including taxes, in Latvia on January 3 was EUR 1,176.39 per 1,000 liters, which corresponds to the average EU level.

 

The cheapest diesel was in Luxembourg – EUR 1,088.59, the most expensive – in Great Britain – EUR 1,499.02 per 1,000 liters.

 

In Estonia the retail price for diesel in the beginning of January was EUR 1,213 per 1,000 liters, which is eleventh lowest in the EU, while in Lithuania it was EUR 1,141.32 per 1,000 liters which is fourth lowest in the EU.

 

The average retail price for diesel, including taxes, in the EU was EUR 1,280.49, and EUR 1,261.96 in the eurozone.

 

The highest retail price for diesel, excluding taxes, was in Greece – EUR 706.34 per 1,000 liters, followed by Finland – EUR 700.65 and Portugal – EUR 673.80 per 1,000 liters.

 

The lowest retail price for diesel, excluding taxes, was in Ireland – EUR 572.95 per 1,000 liters, followed by Austria – EUR 584.65 and Great Britain – EUR 591.34 per 1,000 liters.

 

Excluding taxes, the retail price for diesel in Estonia on January 3 was EUR 617.91 per 1,000 liters, which is seventh lowest price in the EU, while in Lithuania it was EUR 641.17, which is fifteenth lowest in the EU.

 

The average retail price for diesel in the EU, excluding taxes, on January 3 2011 was EUR 636.67, and EUR 642.61 per 1,000 liters in the eurozone.






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