Rising Fuel Prices: Diesel and E5/E10 Costs Surge in Germany
Fuel prices in Germany have seen a significant increase since July, with diesel and E5/E10 prices rising steadily over the past month.
16.08.2023 | German competition authority
Since the second half of July, the average prices for diesel and E5/E10 fuels in Germany have been on a continuous upward trend. This increase has been notable when comparing the prices from July 1 to August 14.
Specifically, the price of E5 fuel rose from €1.85 to €1.92 per litre, while E10 saw an increase from €1.79 to €1.86 per litre. Diesel prices also experienced a significant jump, moving from €1.61 to €1.78 per litre during the same period.
The rising costs of these fuels may have implications for consumers and the broader economy, as higher fuel prices can lead to increased transportation costs and affect various sectors reliant on fuel.