Expected SCT increase on gasoline began to be applied gradually spread over a three-month period

The approximately 12.48 lira SCT increase on gasoline, which came to the agenda with the end of the sliding scale system and raised inflation concerns, was made gradual by being spread over a three-month period through a Presidential decree published in the Official Gazette.

Gradual SCT Regulation

With the end of the sliding scale system on gasoline as of October 1, an increase of approximately 12.48 liras due to SCT was expected. Following discussions regarding the negative impacts of this situation on inflation, a new Presidential decree was published in the Official Gazette.

First Impact Reflected on Prices

Thanks to the gradual implementation, the initial increase resulting from SCT and VAT on gasoline remained at the level of 4.27 liras for now. With this method, the impact of a massive price hike all at once was mitigated.

SCT Increase Schedule

Within the scope of the gradual transition planning, it was stated that increases will continue in November and December. Accordingly, the SCT on gasoline will be applied as 7.90 liras throughout October.

Current Gasoline Prices

Following the regulations, current gasoline prices in various provinces of the country have also become clear. Prices vary according to provinces.

Regional Price Details

Current gasoline sales prices were recorded as 86.44 TL in Adana, 85.6 TL in Ankara, 86.85 TL in Antalya, 86.67 TL in Ardahan, and 86.26 TL in Çanakkale.

Other Provincial Prices

In other provinces, gasoline prices became 87.07 TL in Diyarbakır, 86.66 TL in Erzurum, 86.34 TL in Hatay, 84.65 TL in Istanbul European Side, and 85.89 TL in Izmir.

Additional Provincial Figures

Additionally, current prices were determined at the levels of 86.37 TL in Muğla, 87.22 TL in Muş, 86.36 TL in Rize, and 87.19 TL in Van.