The government proceeded with an adjustment to the Excise Duty on Petroleum Products (ISP), altering the impact of fuel price variations. For unleaded 95 gasoline, a drop of 5 cents was expected, but the fiscal adjustment absorbed almost one cent of the relief expected by the Automobile Club of Portugal (ACP), thereby reducing the benefit for consumers.
As for diesel, the situation is different. The government maintained the 4-cent increase, and the residual discount applied to this fuel leaves the increase practically unchanged, meaning consumers will feel almost the full impact of the expected increase.
This government intervention in the ISP represents a fiscal policy measure that aims to balance State revenues with the evolution of fuel prices in the international market, ultimately diluting part of the drops that would be felt by consumers at the petrol station.
