[Photo] Fuel Tax Reduction Begins... Nationwide Implementation Takes 1-2 Weeks View original image


On the 12th, when the government's six-month temporary 20% fuel tax cut began, a gas station in downtown Seoul was quiet. According to government authorities, from this day, the fuel tax on gasoline was reduced from 820 won per liter (ℓ) to 656 won, diesel from 582 won to 466 won, and LPG butane from 204 won to 164 won. It is expected to take about 1 to 2 weeks for the fuel tax reduction to be reflected in consumer prices. / Reporter Mun Honam munonam@



This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing