ZAGREB, Nov. 9 (Xinhua) -- Croatia will lower retail fuel prices starting Tuesday, with gasoline prices falling by 8 euro cents (9 U.S. cents) per liter and diesel prices by 4 euro cents, the government announced on Monday.
Under the new prices, which will remain in effect for seven days, gasoline will cost 1.61 euros per liter, down from 1.69 euros, while diesel will fall to 1.85 euros per liter from 1.89 euros.
The price of blue diesel, used mainly in agriculture and fisheries, will decrease to 1.38 euros per liter.
The government adopted the new price caps at a telephone session on Monday, continuing its policy of regulating fuel prices.
The Croatian government has regulated retail fuel prices for an extended period, introducing price caps to protect consumers and businesses from fluctuations in global energy markets and sudden increases in fuel costs.
The measures come amid persistent inflationary pressures in Croatia. Consumer prices rose 4.9 percent year-on-year in October, according to the Croatian Bureau of Statistics, adding to concerns over the cost of living. (1 euro = 1.12 U.S. dollars) ■
