Fuel prices to increase as tax reduction ends on September 1st

내일부터 유류세 환원 조치 시작…기름값 오른다With the government's temporary fuel tax reduction period ending today, fuel prices will return to normal beginning Sunday.The finance ministry announced that the 10 month tax reduction period will officially end on Saturday and that fuel tax will be back up beginning September.The government cut fuel tax by 15 percent from November last year, to help the public cope with the increase in global oil prices.As the measures end, gasoline prices are expected to rise by 4-point-8 cents per liter, diesel by 3-point-4 cents and LPG by 1-point-2 cents.