Germany’s fuel subsidy end pushed pump prices up 11.2% in a month. For Latin America, it shows how ending a fuel subsidy turns into inflation.
Europe · Inflation
Key Facts
Price spike German fuel prices rose 11.2% month-on-month in July 2026, with diesel up 12.6% and gasoline up 11.0%.
Subsidy end The jump came from the expiry of a government fuel-tax relief on 30 June 2026, plus higher oil prices after the war with Iran.
Ecuador budget Fuel subsidies in the 2026 budget total about US$1.16 billion, down from roughly US$2.5 billion in 2025.
Energiepreise: Inflation steigt nach Ende des Tankrabatts auf 2,8 Prozent
Verbraucherpreise im Juli: Inflationsschub nach Ende des Tankrabatts
Inflationsschub nach Ende des Tankrabatts - WELT
Inflation Deutschland Juli 2026: Inflation steigt nach Ende des Tankrabatts auf 2,8 Prozent
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