Diesel prices in Czechia set to rise after Senate vote

The tax rate on diesel in Czechia is likely to increase in the coming months, returning to the level before June last year, after the Senate approved an increase of CZK 1.50 per litre on Thursday. Analysts say this could make a litre of diesel at the pumps more expensive by CZK 1.80.

Originally, the current reduced rate was to be in force until the end of 2023. However, the government wants to increase the tax rate now, due to lower prices and in a bid to raise budget revenues.