Cost of Living
Fuel consumption falls 10.3% in August and prices rise up to 6.4%
In August, diesel prices increased by 6.4% and simple 95 gasoline by 1.2%, while total road fuel consumption dropped by 10.3% compared to July. Despite the monthly consumption dip, year-on-year data shows a 2% increase in road fuel consumption and significant annual price hikes of 30.2% for diesel and 15.8% for gasoline. Estimates from the ACP and Anarec suggest fuel prices will decrease by approximately three cents per litre starting next week.
Why it mattersIf you drive, you faced higher fuel costs in August, though you can expect a slight relief of about three cents per litre at the pump next week.
RTP
