Business · Energy & Commodities · 5 hrs ago
Turkey fuel taxes set to push petrol above 80 lira and diesel above 100
Turkey is due to raise fuel excise taxes from 1 November as part of a phased change to its fuel pricing system.
The increase is expected to add 4.15 lira per litre to petrol and 3.60 lira to diesel, including VAT.
Based on prices reported in Istanbul, petrol could rise to about 80.45 lira a litre and diesel to 100.50 lira.
The LPG increase is only a reported possibility: industry sources say a 9-lira rise could start on 3 November, but it has not been officially confirmed.
The tax system had absorbed part of fuel price increases to limit what drivers paid at the pump, and the new step is part of a gradual move away from that approach.
Higher diesel costs could raise transport expenses, putting pressure on delivery, food and other goods prices as well as public transport fares.
The petrol and diesel changes are expected to take effect on 1 November, while the timing of the pump price updates may depend on when suppliers apply them.
Turkey is set to raise special consumption tax on petrol and diesel from 1 November, pushing both fuel prices above key thresholds.
The increase is expected to add 4.15 lira per litre to petrol and 3.60 lira to diesel, including value-added tax.
Based on prices cited for Istanbul, petrol is expected to reach 80.45 lira per litre and diesel 100.50 lira.
Reports also say a 9-lira-per-litre increase for LPG may take effect on 3 November, but it has not been officially confirmed.
Higher fuel costs could add pressure to transport, logistics and consumer prices.
- Who
- Turkey’s fuel consumers, including drivers and transport businesses, will face the expected increases.
- What
- Special consumption tax changes are expected to raise petrol and diesel prices; a separate LPG increase has been reported but is unconfirmed.
- When
- Petrol and diesel increases are expected from 1 November. The reported LPG increase may begin on 3 November.
- Where
- Turkey.
- Why
- The changes are part of a phased special consumption tax increase and a gradual move away from the fuel-price adjustment system.
This story does not have two clearly opposing sides.
A presidential decision published in the Official Gazette set out a three-stage schedule for special consumption tax increases.
The tax measure was introduced for diesel, according to Sözcü.
The measure was extended to include unleaded petrol, according to Sözcü.
The next tax increase is expected to add 4.15 lira per litre to petrol and 3.60 lira to diesel, including VAT.
A reported 9-lira-per-litre LPG increase may take effect, though no official announcement has been made.
- Petrol increase
- 4.15 lira per litre, including VAT
- Diesel increase
- 3.60 lira per litre, including VAT
- Expected Istanbul petrol price
- 80.45 lira per litre
- Expected Istanbul diesel price
- 100.50 lira per litre
- Reported LPG increase
- 9 lira per litre, potentially from 3 November; not officially confirmed
5 sources
Benzin ve motorine ÖTV zammı
Akaryakıtta yeni tarife belli oldu: Benzin ve motorinde fiyatlar güncelleniyor
Akaryakıta büyük zam geliyor! Benzin 80, motorin 100 TL'yi aşacak
Akaryakıta büyük zam geliyor: Benzin, motorin ve LPG için yeni fiyatlar belli oldu
Pazar günü akaryakıt tabelaları yerinden oynayacak: Dev zam geliyor