Slovenia extends fuel price regulation to highways to prevent inflation surge


LJUBLJANA, June 12 (Xinhua) -- The Slovenian government on Thursday extended its gasoline price regulation to include highways and extended the overall policy for another six months to prevent excessive price increases.

"The main goal of the government is to keep gasoline prices low for people ... Based on this decree gasoline prices on highways will no longer be higher than elsewhere in the country," Deputy Prime Minister Matej Arcon told reporters after a regular government session.

The government has been regulating fuel prices outside highways since 2022. Prices are recalculated every 14 days.

Under the current regulation, which was set to expire on June 17, the price outside highways is fixed at 1.437 euros per liter for unleaded gasoline. Currently, highway prices are approximately 17 percent higher than that figure.

Authorities expect that the extended regulation will help contain inflation, which slowed to 1.8 percent year-on-year in May.

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