Effective September 1, fuel prices in the Azores will increase, with petrol rising by 3.5 cents to 1.854 euros per litre and diesel rising by 16.3 cents to 1.885 euros per litre. Bottled butane gas prices also increase by 4.6 cents per kilogram.
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See today’s briefingThe Minister of Environment and Energy stated that the VAT revenue generated by rising fuel prices is being used to offset the Fuel Tax. Additionally, the government is increasing the supervisory powers of the energy regulator, ERSE.
The cost of agricultural and maritime diesel has risen by over 40% in the last half-year. This price hike is significantly increasing operational costs for primary sector businesses, with fishing vessels in Matosinhos reporting an additional 2,000 euros in monthly fuel expenses.
Leiria City Council voted to maintain its municipal tax rates for 2027: the IMI (property tax) remains at 0.3%, the derrama (corporate profit tax) at 1.5%, and the municipal share of IRS (income tax) at 5%. These rates will apply to taxpayers in the municipality of Leiria throughout the 2027 fiscal year.