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Sales of fuel dropped with approximately 10% in the month when the excises went up
Retail for fuels for vehicles in specialised shops dropped by 9.8% as gross series and 2.3% as season adjusted series, in September against August, according to INS after the excise for diesel and gasoline increased starting with 15 September.
In September 2017 as compared to August the volume of the turnover for retail with the exception of auto commerce, gross series dropped with 4.9% due to the drop in the retail for vehicle fuel in specialised shops (-9.8%), the sales of food, drinks and tobacco (-5%) and non-food sales (-1.9%) according to the data published on Monday by INS.
The volume of turnover for retail with the exception of commerce with vehicles and motocycles, adjusted series depending on the number of working days and season, in September 2017 as compared to the previous month increased as a whole with 0.5% due to the increase of sales of food, drinks and tobacco (+9%) and sales of non-food (+0.2%).The retail of vehicle fuel in specialised shops dropped with 2.3%.
The day of 15 September was established as the first increase date with 16 bani per liter of the excises to diesel and gasoline, the next date is 1 October. From the moment of the announcement of the ministry of finances, the prices of fuel increased in the filling stations.
The transporters warned several times that they will buy fuel outside Romania if the fuel gets more expensive. The Confederation of the Operators and Transporters of Romania (COTAR) said that the measure to increase the excise for diesel and gasoline will determine the professional drivers to buy fuel outside the country, as this measure threatens the transport companies with bankruptcy.