Greek petroleum marketers say fuel prices return close to pre-crisis levels
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Greek fuel retail prices are falling back toward pre-crisis levels as international gasoline and diesel benchmarks decline, with a roughly 4-day pass-through lag from wholesale to pump prices. Diesel subsidies further dampen retail prices and reduce second-round inflation effects via transport and production costs. The news is most directly linked to gasoline pricing dynamics, but its market-wide impact is limited and primarily localized.
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Data from the Association of Petroleum Marketing Companies in Greece show retail gasoline and diesel prices have fallen back to near pre-war levels as international oil prices eased. Over the past four months, international gasoline prices rose 26.4%, but the recent pullback has lowered the average gasoline price by about 20 leptes per liter from wartime highs. The pass-through to pump prices typically comes with a delay of around four days. A diesel subsidy has also helped limit inflation spillovers by dampening increases in diesel prices.
