Fuel prices. How long will we refuel after New Years?
With the new year VAT reduction on fuels under the anti-inflation shield ends. “Although the declarations of the authorities and representatives of fuel companies suggested that they would do everything to ensure that the 23% VAT rate did not affect the costs incurred by drivers, the risk of a certain increase at many stations is quite real,” reads Friday’s analysis e-petrol.pl.
“Until recently, it looked like we would enter 2023 at prices similar to those of recent weeks, but the latest forecasts suggest that in the first days of January, however, we may expect a raise” – we read further.
For Pb98, e-petrol exporters expect prices in the range PLN 7.25-7.39 per liter and in the case of Pb95 – PLN 6.68-6.83 per liter. Diesel prices can range PLN 7.84-7.99 per liter. An increase to the range is possible for autogas PLN 2.99-3.10 per liter.
As the authors of the analysis emphasized, the introduction of higher VAT rates and a new fuel surcharge in the period in which stations will be supplying fuel for sale may contribute to a significant spread of prices between individual facilities.
See also: Higher VAT on fuel returns. What does this mean for prices? The president of Orlen responds
Fuel prices in 2023. The increase will not be abrupt
In turn, the task of BM Reflex analysts fuels may go up in price at the beginning of the year, but not by leaps and bounds.
They notice that From January 1, the excise duty and fuel surcharge will increase (respectively by approx. PLN 0.14 per liter of petrol and PLN 0.10 per liter of diesel).
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“These changes could indicate that we are facing a sharp increase in fuel prices. However, taking into account the assurances made by the government that they will do everything to prevent drivers from being affected by the 23% VAT, there is a real chance of keeping fuel prices at most stations at the level from the end year,” reads Friday’s BM Reflex report.
As they reserved, it cannot be ruled out that prices will increase at some stations, “but we are not talking about an increase corresponding to the equivalent of a higher VAT”. Here, retail prices may increase by PLN 0.25-35 per litre, and on a national scale, the first week of January may bring increases on average to a few to a dozen or so groszy per litre.
According to analysts, “one must be prepared that in the coming year fuel prices at stations will remain high. The chances of returning to pre-war levels in Ukraine remain small.”
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