Fuel prices will change in the summer

June 15 2023

July may bring Ukrainians an unpleasant increase in the price of gasoline and diesel.

And all because of the Government’s plans to return 20% of the value added tax on fuel.

We will remind you that last week Danylo Hetmantsev announced the return of VAT on fuel to the “pre-crisis level”.

The price can literally “soar”, because some economists predict, for example, an increase in the price of gasoline by 5-8, or even by 11 hryvnias per liter.

Director of the Institute of Socio-Economic Transformation, Ilya Neskhodovskyi, commented on the “Kyiv” TV channel, saying that the price of fuel may increase from 5 to 8 hryvnias per liter.

At the same time, Serhiy Kuyun, head of the A-95 Consulting Group, predicts a much higher price increase:
📌 gasoline – roughly 11 hryvnias,
📌 diesel fuel – up to 8 hryvnias per liter,
📌 autogas – about 3 hryvnias.

But it will be possible to speak more concretely closer to July 1, because the cost of fuel in Ukraine will depend, including on prices on the world market.