Categories: Economy

Operation begins its second phase at Easter, fueled by annual highs

Despite the fluctuating weather, there is abundant traffic on Spanish roads during Easter. Estimates suggest that at least 16.5 million trips will be taken during this holiday period. This is accompanied by a slight increase in gasoline and diesel prices. Gasoline prices have been rising for 10 consecutive weeks and are close to last Easter’s prices, while diesel prices are slightly lower compared to the same time last year.

At the start of the second phase of Operation Exit, the cost of gasoline stands at 1.63 euros per liter, representing a 1.24% increase from the previous week. Diesel prices have also risen slightly, reaching 1.5 euros per liter, which is 0.52% more than seven days ago. Despite these increases, both fuels remain much lower than the peak prices they reached in the summer of 2022.

Drivers who plan to fill up their tanks before their trips will find that gasoline prices are around 88.88 euros for a full tank, which is slightly cheaper than last Easter. Diesel, on the other hand, will cost around 84.26 euros for a full tank, which is about 17 cents more expensive than in 2023. Prices may vary depending on the service station, with ranges between 1.35 and 1.95 euros for gasoline and 1.16 and 1.99 euros for diesel.

Despite the recent increases in fuel prices, Spain still has cheaper prices compared to the euro zone average, thanks to a lower tax burden and lower raw material costs. The second phase of Operation Exit began with 4% more traffic than last year, with around 9.6 million trips. This holiday exodus started the previous Friday and will end on Monday of the following week.

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