Petrol and diesel sales down

FOR THE second time this year, the Portuguese fuel retail association (APETRO) has reported that sales of fuel are down.

Soaring energy prices, inflation and economic uncertainty have contributed to the fact that people are now using their cars less, as well as putting fewer litres in the tank.

According to APETRO, fuel sales are expected to be down by one per cent on last year, as more and more people living close to the Spanish border are filling up in Spain, where fuel is noticeably cheaper.

IVA in Spain stands at 16 per cent, whereas in Portugal it has rocketed up to 21 per cent. Even diesel sales are down, leading the association to call on the government to lower fuel taxes in relation to Spanish equivalents.