The Canary Islands government has decided to maintain a zero IGIC (Canary Islands General Indirect Tax) rate on fuels for the month of September. This decision comes after the Consumer Price Index (CPI) for gasoline and diesel in July surpassed last year’s figures by over 15%.
This measure aims to alleviate the burden of rising fuel costs on consumers in the region. The provision reflects the government’s ongoing efforts to manage inflation and support residents and businesses in Fuerteventura and across the archipelago.
Fuerteventura, known for its beautiful beaches and tourism, is a part of Spain’s Canary Islands, located off the northwest coast of Africa.
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