Fuel prices in Germany have surged to new record highs, intensifying pressure on consumers and prompting political debate over how to mitigate the cost burden. Benzin (E10) averaged 2.286 euros per liter as of Monday, according to the ADAC, while Diesel stood at 2.412 euros—just four cents below its April peak. Diesel’s price remains the highest since April, while Benzin’s recent rise marks its first record in over a year.
German fuel prices hit record high; Merz proposes tax cuts amid consumer backlash
Bundeskanzler Friedrich Merz signaled potential tax relief measures to ease the burden on drivers amid soaring fuel costs, while opposition parties demand further action to curb record-high prices.
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Sophie Laurent · FX & Rates Desk · 16 Sept 2026 · 13:21 · 1 min read
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Sophie Laurent
FX & Rates Desk
Sophie covers currency markets and central bank policy across Europe, with a focus on how rate decisions ripple through FX pairs. She has been tracking the ECB's policy path since the start of the current easing cycle.
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