Taxes responsible for half of fuel price in August

Taxes accounted for 52.2% of the total retail price of petrol and 46.6% of the diesel bill in Portugal in August, when the government updated the carbon tax.

According to the Fuel and LPG Market Report for August, published by the Energy Services Regulatory Authority (ERSE), the retail price (PVP) of plain petrol fell by 2.2%, following the behaviour of international markets, with the largest share of the PVP paid by the consumer corresponding to the tax component, representing 52.2% of the total petrol bill, followed by the price and freight (32.4%).

Michael Bruxo
Michael Bruxo

Journalist for the Portugal Resident.

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