Significant decline in prices fluid fuel Compared to April last year, this year is the result of the decline in international prices and the euro reinforcement over the dollar.
In terms of fuel, unleaded gasoline appears cheaper by 12%, while diesel is sold at a reduced price of 13%. On the contrary, 7% increased is the cost of gas. Electricity is observed similar trends, which, although slightly more expensive than last year, has a significant decline (33%) than prices at the beginning of the year.
According to data from the Ministry of Development from the latest pricing on April 11, the average price of unleaded is EUR 1,755 per liter, compared to EUR 1,794 in January and EUR 1,962 in April 2024.
The causes of the fall are the international turmoil caused by US duty and concerns about the slowdown of the international economy, and thus the demand for fuel.
Indicatively, the refinery price for unleaded last week fell by 8 minutes per liter to 53 minutes on April 11 against April 61. Taxes, wholesale and retail profit margins as well as profit margins are added to the refinery price to raise the final price in the pump.
The euro is also positive for the consumer over the dollar as international crude and products are expressed in dollars.
In electricity – which now supplies in addition to home appliances and the movement of electric vehicles, developments are as follows: The average retail price fell in April to 13.8 minutes per kilowatt hour from 17.4 in January (minus the state subsidy) while last April was 0.11 minutes.
The period favors the decline in prices due to excess production from renewable sources and low demand. A combination that even causes stability problems in the network and forces network administrators to cut production from renewable sources. The evolution of prices in the first half of April shows that – if the voltage is not overthrown – there will be a continuation of the decline in prices in May.