{"id":527723,"date":"2026-07-06T10:50:08","date_gmt":"2026-07-06T10:50:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/527723\/"},"modified":"2026-07-06T10:50:08","modified_gmt":"2026-07-06T10:50:08","slug":"end-of-fuel-tax-cut-curbs-german-products-demand","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/527723\/","title":{"rendered":"End of fuel tax cut curbs German products demand"},"content":{"rendered":"<p class=\"lead\">The expiry of Germany&#8217;s temporary fuel tax reduction at the end of June sharply reduced nationwide demand in the week ending 3 July. <\/p>\n<p>Most consumers and filling stations built stocks ahead of the return to regular tax rates on 1 July.<\/p>\n<p>The government had lowered rates from early May by \u20ac14.04\/100\u202fl to ease the effects of the sharp price surge caused by US-Iran war.<\/p>\n<p>Diesel and gasoline sales volumes reported to Argus fell steeply, after stockbuilding drove spot trade higher in the previous week.<\/p>\n<p>Market participants are now drawing on inventories before stepping back into the spot market at July&#8217;s higher price levels. National average prices for diesel and gasoline remain well above late-February pre-war levels, even after the tax cut ended.<\/p>\n<p class=\"bylines\">By Johannes Guhlke<\/p>\n","protected":false},"excerpt":{"rendered":"The expiry of Germany&#8217;s temporary fuel tax reduction at the end of June sharply reduced nationwide demand in&hellip;\n","protected":false},"author":2,"featured_media":3502,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,85,46],"class_list":["post-527723","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/527723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=527723"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/527723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/3502"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=527723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=527723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=527723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}