Fuel Consumption Collapsed by 30% in 10 Days: with the Surge in Pump Prices, the State "Lost" 407 Million Euros in Revenue
14 Articles
14 Articles
The result of this reduction is the loss of state revenue of around 400 million euros, as announced by the competent state agencies.
Fuel consumption has fallen by 30% in France in the last ten days compared to the previous ten days. The result of this decrease, which is due to the rise in fuel prices internationally, is the loss of state revenues of the order of 400 million euros, the competent state agencies announced. The price of gas today was around 2.41 euros per liter, higher than ever before, for simple unleaded gasoline at 2.17 euros and super at 2.27 euros. In Fra…
While VAT revenues on fuel have increased by €710 million compared to last year, ICTPE revenues have fallen by more than $1 billion due to lower consumption, Bercy says on Tuesday.
The government is talking about a 30% reduction in gas and diesel consumption in 10 days. As a result: €400 million less in state funds.
On Tuesday, the Minister of Action and Public Accounts announced that fuel consumption in France had fallen by 30% in ten days in September compared to the beginning of the month. Revenues fell by 407 million euros.
Paris, Sep 22 (Latin Press) Fuel consumption fell 30 percent in 10 days, amid a rise in prices in France, where social discontent for that cause is growing, local television said today. The post France records fuel consumption collapse due to price rise first appeared on News Prensa Latina.
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