The utmost value of presidency value managed 95 octane gasoline at self-service pumps in Israel will rise on Tuesday at midnight January 1, 2025, by NIS 0.08 per liter to NIS 7.20 per liter, the Ministry of Energy and Infrastructure has launched. The price for service at pumps along with VAT will rise NIS 0.02 to NIS 0.24 per liter.
The value rise is due to a ten% hike in VAT from 17% to 18%, a rise in excise and a 0.66% weakening of the shekel in direction of the buck. Over the earlier month the value of a barrel of oil inside the Mediterranean space has fallen by 1.45%.
In 2024, the utmost value of presidency value managed 95 octane gasoline at self-service pumps has risen by NIS 0.26 from NIS 6.94 on the end of 2023.
Revealed by Globes, Israel enterprise data – en.globes.co.il – on December 29, 2024
© Copyright of Globes Author Itonut (1983) Ltd., 2024
