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Retail fuels in brief: could high oil prices end fuel subsidies in Africa?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Consumers across Africa, particularly those in oil import-dependent nations, continue to grapple with a high cost of living and rising fuel prices on the back of elevated crude prices. Soaring prices not only pose a challenge to the governments' popularity but also increase structural inflation. In our report, we look at the different policies some of the major African countries introduced to limit the impact of record-high fuel prices on consumers.
Table of contents
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Increased government spending on subsidies and temporary tax cuts
- Subsidy cuts to curb government spending leads to retail fuel price rises
- Government intervention to protect consumers is shortlived and proves costly
- Conclusion
Tables and charts
This report includes the following images and tables:
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Weighted average European gasoline retail priceWeighted average European diesel retail priceGermany average gasoline retail price
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Italy average gasoline retail priceGermany average diesel retail priceItaly average diesel retail priceWeighted average European gasoline retail marginsWeighted average European gasoline retail marginsGermany average gasoline retail marginsItaly average gasoline retail marginsGermany average diesel retail marginsItaly average diesel retail margins
- 2 more item(s)...
What's included
This report contains:
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