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At retail outlets in Tirana, oil this Friday was traded at 199 lek / liter, along with gasoline. The trend is continuing even though the competition authority announced that it has monitored the hydrocarbon market, due to the immediate price increase, which seemed coordinated.
This is the eighth increase in a few months of fuel, with the price being 40% higher compared to the pandemic.
The price of fuel is also bringing inflation to the economy, as every citizen in car maintenance is spending 13% more than a year ago, according to statistics.
Albania is one of the countries that taxes oil more than any other country in Europe and the region. In the final price of the product according to the calculations about 104 lekë are taxes, starting from the excise that with the new changes is indexed with inflation, then comes the marking, carbon tax, turnover and on these, together with the profit of the trader is decided, VAT- yes.
The Bank of Albania in its inflation report has stated that the price increase has gone beyond the forecasts and is expected to continue throughout the year. According to the institution, these prices reflect the international market, where demand is high and production is low.
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