Fuels: Excise Duties
The question
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of maintaining the level of fuel duty on inflation in the next three financial years.
Answered by James Murray
Fuel duty applies to petrol, diesel and other fuels for road and non-road uses, such as construction. The Government carefully considers the impacts of fuel duty rates on the fiscal position and the economy, including on inflation, with decisions on rates made at fiscal events.
The Office for Budget Responsibility provide an assessment of the impact of government policies on inflation in their economic and fiscal outlook after each fiscal event.
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