The utmost worth of presidency worth 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 Power and Infrastructure has introduced.
The utmost worth of presidency worth 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 Power and Infrastructure has introduced. The cost for service at pumps together with VAT will rise NIS 0.02 to NIS 0.24 per liter.
The worth rise is because of a ten% hike in VAT from 17% to 18%, an increase in excise and a 0.66% weakening of the shekel in opposition to the greenback. Over the previous month the value of a barrel of oil within the Mediterranean area has fallen by 1.45%.
In 2024, the utmost worth of presidency worth managed 95 octane gasoline at self-service pumps has risen by NIS 0.26 from NIS 6.94 on the finish of 2023.
Printed by Globes, Israel enterprise information – en.globes.co.il – on December 29, 2024
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Gasoline station credit score: Tali Bogdanovsky
