Insight
Retail fuels in brief: could high oil prices end fuel subsidies in Africa?
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 14 images and tables including:
- Weighted average European gasoline retail price
- Weighted average European diesel retail price
- Germany average gasoline retail price
- Italy average gasoline retail price
- Germany average diesel retail price
- Italy average diesel retail price
- Weighted average European gasoline retail margins
- Weighted average European gasoline retail margins
- Germany average gasoline retail margins
- Italy average gasoline retail margins
- Germany average diesel retail margins
- Italy average diesel retail margins
- Egypt retail fuel prices
- South Africa retail fuel prices
What's included
This report contains:
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