The government, acting under Royal Decree 11/2022 to curb inflation, introduced measures intended to lessen the burden on households. Among these steps were a reduction in value-added tax and price controls on certain food items and essential goods, a move prompted by the ongoing crisis in Ukraine. A prominent outcome of these policies is the price cap placed on the 12.5 kilogram butane cylinder, a limit that remains in force through December 31 of this year.
Under the rule, the maximum price for the 12.5 kilogram bottle was set at 0.99 Turkish lira in the local market, with the equivalent around 19.55 euros at the time of the measure. As of the latest review in May, the same cylinder costs about 15.96 euros. This marks a decline of more than 18 percent since November 2022, reflecting the impact of the stabilization efforts and the evolving energy market.
The next formal price review is scheduled for July 23. The policy framework currently allows for revisions of up to 5 percent between reviews, with a ceiling that cannot exceed 16.76 euros for the cylinder price. Analysts and consumer groups, including the Organization for Consumer Unity (OCU), have noted that the tariff surplus has grown since the May review. They anticipate that the July price could hold around 15.17 euros, maintaining the upward trajectory seen since the initial adjustment while leaving room for potential further reductions if market conditions improve. This perspective reflects a broader expectation that the price stabilizations implemented by the decree will gradually translate into lower consumer costs for butane, particularly during peak heating and cooking periods where households rely on cylinder gas. It is important to monitor how subsequent reviews will balance government control with market dynamics, ensuring affordability remains a priority for families and small businesses alike.