Deputy head of the FAS: an unreasonable rise in prices for gasoline in connection with a change in excise taxes will not be

Deputy head of the FAS: an unreasonable rise in prices for gasoline in connection with a change in excise taxes will not be


MOSCOW, 1 March. Unreasonable price increases for gasoline in connection with the change of excises will not, prices will change in the inflation rate. This was reported to journalists the Deputy head of FAS Anatoly Golomolzin.

The law, according to which from 1 April 2016 raise the tax rates of excises on automobile gasoline, diesel fuel, straight-run gasoline and middle distillates, was signed by President of Russia Vladimir Putin on February 29.

“We hope that the situation will be such that prices will vary close to the rate of inflation. Definitely to forecast the dynamics of prices is difficult because many factors influence”, – said Golomolzin.

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Deputy head of the FAS added that in the past has repeatedly made predictions about a significant rise in prices. “These forecasts were not justified. In this sense we say that the situation of the current period of control, unjustified price increases”, – he stressed.

Golomolzin said that prices are affected by many factors. According to him, the oil market is stable. “In this sense, shocks to it do not have to wait,” he said.

As previously reported, on April 1, 2016, the excise rate for gasoline increased by 2 rubles. per 1 liter of gasoline. The excise tax on motor gasoline of the 5th class, valid from 1 April to 31 December 2016, will be 10 130 rbl. for ton. The excise rate on diesel fuel is proposed to increase by 1 RUR per 1 liter of diesel fuel. Thus the rate of excise on diesel fuel, effective 1 April until 31 December 2016, will be 5 293 RUB.

According to the estimates of the Ministry of Finance of the Russian Federation fuel prices rise by about 5%, extra Federal budget revenues will amount to about 90 billion rubles to the end of the year.