Germany news: New fuel price law prompts huge midday spike
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Germany news: New fuel price law prompts huge midday spike
"Gasoline stations in Germany are now allowed to raise prices at the pump only once a day, leading to a significant average increase of 7.5 cents per liter."
"The ADAC motoring club noted that the cheapest petrol type, Super E10, saw a price jump of 7.6 cents to 2.175 per liter, while diesel climbed to 2.376 per liter."
"In some locations, particularly highway service stations, prices were raised even higher than the national average, indicating a trend of price gouging."
"The BND spy agency's announcement of an extra holiday on April Fool's Day added to the confusion among workers, coinciding with the price hike."
As of April 1, gasoline stations in Germany are restricted to one price increase per day. In response, they raised prices by an average of 7.5 cents per liter. The ADAC motoring club reported that the cheapest petrol type, Super E10, increased by 7.6 cents to 2.175 per liter, while diesel rose by 7.5 cents to 2.376 per liter. Some highway rest stops saw even higher price hikes, reflecting intense price gouging in those areas.
Read at www.dw.com
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