The NBU expects fuel prices to rise by more than 13% in 2024 due to higher excise taxes.
This is stated in the NBU's Inflation Report.
As stocks are depleted due to the approved excise tax increase, fuel price growth will accelerate to over 13% this year
The regulator notes that this will put additional pressure on production costs, which, in turn, will lead to higher prices for certain goods and transportation services.
In the medium term, a decline in global oil prices will partially offset a further increase in the excise tax burden. As a result, fuel price growth will slow significantly
Recall
In 2024, Ukraine recorded a slight decrease in importsof gasoline and liquefied gas, while imports of diesel fuel increased.