Czech Government Implements Fuel Price Cap
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Insights by Echo AI
The Czech government has introduced a 'price cap' on fuel, making it illegal for petrol stations to sell fuel above set prices. From October 1, petrol can be sold for a maximum of 46.14 CZK/l and diesel for 48.72 CZK/l, an increase of approximately 4 crowns per litre since early September. The state will also limit the margin of petrol stations and temporarily reduce the excise duty on diesel.
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