"Price increase for gasoline, diesel, and LPG on the first day of 2025."

31.12.2024 14:40

On the first day of 2025, there was an increase in the prices of gasoline, diesel, and LPG. This situation will negatively affect the budgets of both drivers and all consumers. The price hikes will also directly impact economic balances and the cost of living.

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The regulation regarding the increase in excise tax (ÖTV) on fuel products has been published in the Official Gazette. Following the regulation, the excise tax increase has reached 83 kuruş at the pump. The increase will be reflected on the price board tomorrow.

With the Presidential Decision published in the Official Gazette, the excise tax increase rate to be applied to fuel products in the new year has been determined. As a result of the decision, the excise tax, which is expected to be increased by around 8% on January 3, has been raised by 6% effective from January 1. The excise tax increase is expected to have an impact of about 1% on prices.

GASOLINE, DIESEL, AND LPG WILL INCREASE BY 77 KURUŞ

The excise tax amount on 1 liter of gasoline will rise from 11.29 TL to 11.98 TL. This increase means that gasoline prices will rise by 83 kuruş, including VAT. With the change, the excise tax amount on diesel will increase from 10.59 TL to 11.23 TL. The increase at the pump, including VAT, will be 77 kuruş.

"WE HAVE MADE AN INCREASE LOWER THAN INFLATION"

In his evaluation regarding the issue, Minister of Treasury and Finance Mehmet Şimşek emphasized that the government is coordinating monetary and fiscal policies, stating, "By limiting the tax increase on fuel products, we are providing strong support to monetary policy. This support will positively contribute to the disinflation process. With the President's Decision, we have limited the increase in excise tax amounts on fuel and natural gas products that concern all parties, from the fuel used by farmers and transporters to the petroleum products used by industrialists and the natural gas used by households."

CURRENT FUEL PRICES

Fuel prices in Istanbul European side - Istanbul European side fuel prices with increase on January 1

Gasoline: Current: 43.14 TL → Increased: 43.96 TL/LT - 82 kuruş increase

Diesel (mazot): Current: 43.91 TL → Increased: 44.67 TL/LT - 77 kuruş increase

LPG (autogas): Current: 26.03 TL → Increased: 26.40 TL/LT - 35 kuruş increase

Fuel prices in Istanbul Asian side - Istanbul Asian side fuel prices with increase on January 1

* Gasoline: Current: 43.02 TL/LT → Increased: 43.84 TL/LT - 82 kuruş increase

* Diesel (mazot): Current: 43.85 TL/LT → Increased: 44.62 TL/LT - 77 kuruş increase

* LPG (autogas): Current: 25.49 TL/LT → Increased: 25.84 TL/LT - 35 kuruş increase

Fuel prices in Ankara - Ankara fuel prices with increase on January 1

* Gasoline: Current: 43.60 TL/LT → Increased: 44.42 TL/LT - 82 kuruş increase

* Diesel (mazot): Current: 44.52 TL/LT → Increased: 45.29 TL/LT - 77 kuruş increase

* LPG (autogas): Current: 26.04 TL/LT → Increased: 26.39 TL/LT - 35 kuruş increase

Fuel prices in Izmir on December 31 - Izmir fuel prices with increase on January 1

* Gasoline: Current: 44.05 TL/LT → Increased: 44.87 TL/LT - 82 kuruş increase

* Diesel (mazot): Current: 45.01 TL/LT → Increased: 44.78 TL/LT - 77 kuruş increase

* LPG (autogas): Current: 25.94 TL/LT → Increased: 26.29 TL/LT - 35 kuruş increase