Radu Marian
This was stated by the Chairman of the Parliamentary Commission on Economy, Budget and Finance Radu Marian, commenting on the rise in the price of diesel fuel and gasoline.
“I love numbers. And it is important that we do not encourage expectations of inflation. The maximum share of fuel costs in the economy is about 10% of the total expenditure of a company – a study has shown that. Some have it at 5-6-7%, but the maximum is 10%. Any 10% increase in the cost of fuel leads to an increase in total business expenditure of just 1%. In the last two weeks, since the war started, fuel prices have increased by about 15%. This means that total enterprise costs have increased by a maximum of 1.5%. Is that a lot or a little? These are the numbers,” Marian said on Cinema1.
He also expressed hope that “there will not be individual entrepreneurs who, out of certain interests, will take advantage of this situation and raise prices or costs unreasonably.”
At the same time, the MP noted that he was not in favor of increased state control.
“We are a market economy. In most spheres there are many producers, and the risk of collusion is minimal. But there are certain industries that require more careful control. Now we are in the process of reforming, reorganizing and strengthening the work of the National Competition Council,” Radu Marian concluded.
