The Accounts Chamber of the Russian Federation predicts a sharp increase in gas prices in 2019.
From January 1, 2019, excise taxes on fuel will increase in Russia. This, according to experts, can bring to a new jump in retail prices for gasoline, the account of the Accounts Chamber for the draft budget 2019-2021 says, TASS reports. “An increase in excise tax is 1.5 times from January 1, 2019 can again lead to a sharp increase in gas prices and demand the adoption of additional compensation and restraining measures,” the document says.