Fourth consecutive rise for fuel prices across the EU

Fuel prices have increased for the fourth consecutive week across the Eurozone, with European Commission statistics showing that petrol prices have risen to a weighted average of €1.39 per litre (up by 2c) and diesel prices have risen to an average of €1.24 (up by 2c).

In a statement, the Labour Party noted some countries that registered an increase in fuel prices- Ireland (3c increase in petrol, 7c increase in diesel), the Netherlands (1c increase in petrol), Italy (1c increase in petrol), the United Kingdom (3c increase in diesel), and Bulgaria (3c increase in petrol and 6c increase in diesel).

They also pointed out that, over the past month, petrol prices in Europe have increased by 8c and diesel prices by 9c. Fuel prices have risen most significantly in Belgium, with petrol rising by 11c and diesel by 13c this month.

“The European Commission’s statistics have yet again contradicted Opposition leader Simon Busuttil’s words that there are European countries where fuel is sold for under €1 per litre,” the PL said. “Indeed, the lowest price of petrol is €1.05 in Bulgaria, while the lowest price of diesel is €1.07 in Lithuania.

“The European Commission’s statistics indicate that the average price of petrol in the Eurozone is €1.39, while that of diesel is €1.24, respectively 40c and 32c more expensive than what Busuttil had claimed.”

They mocked the Opposition’s economic analysis on fuel prices as “completely false”