German petrol prices rise despite gov’t fuel tax cut-Xinhua
BERLIN, Oct. 5 (Xinhua) -- The German Automobile Club (ADAC) on Monday reported renewed increases in petrol and diesel prices, just days after the government introduced energy tax cuts aimed at easing the impact of high global oil prices on motorists. According to ADAC, the nationwide daily average price of Super E10 rose to 2.14 euros (2.39 U.S. dollars) a litre on Sunday, up 2.3 euro cents (2.6 U.S. cents) from Thursday. Diesel rose by 0.9 euro cents (1.0 U.S. cent) to 2.25 euros (2.52 dollars) per liter. To cushion consumers from rising fuel costs amid the Iran war, the German government introduced a three-month cut in energy taxes on petrol and diesel on Oct. 1, reducing the tax burden by around 17 euro cents (19 U.S. cents) per litre, including value-added tax. The measure is ex...