Petrol Prices Fuelling Inflation Warns

(PRWEB UK) 29 August 2012

The AA has warned that fuel price increases in the last month could risk damaging the UK governments inflation targets and herald the arrival of record prices in the next few weeks., home of cheap car insurance quotes for many of Britains hard-pressed motorists, has learned from the AAs research that fuel pump prices have risen a staggering 2.5% in the last month alone, equating to increases of 3.3p per litre of petrol and 3.2p per litre of diesel. These take average prices to 135.5p and 140.5p for petrol and diesel respectively, still short of the record highs of 142.5p and 147.9p recorded in April this year. But with wholesale fuel price increases not yet having found their way through to pump prices in part due to fierce price competition at supermarkets there are fears that prices will continue to rise over the next few months.

The recent increases mean that a two-car family will be spending

Tags: , , , , ,

Comments are closed.

CIGI Experts Outline Prescriptions for Cannes Summit and Beyond in Special Report on G20 Issues

Waterloo, Ont. (PRWEB) October 20, 2011 With a possible euro zone collapse and Greek insolvency likely to dominate the upcoming [...]

Pathways Home Health and Hospice Satu Johal Receives CFO of Year of the Year Award; Silicon Valley Business Journal Honoree

Sunnyvale, California (PRWEB) December 02, 2011 Satu Johal, CFO at Pathways Home Health & Hospice, received the Silicon Valley Business [...]

Latest Financial Regulation News

Working Together Towards Better Financial Regulation and Stability in Asia Image by Asian Development Bank Tellers attend to clients in [...]

European financial regulation – 4 questions to Olivier Garnier (Societe Generale)

Olivier Garnier, Chief economist at Societe Generale Group, expresses his view on European financial regulation and its reform. Video interview [...]

AMS Health Care Mortgage Corporation Provides Debt Service Savings to Hospitals Utilizing FHA 242 Mortgage Insurance Program

Jacksonville, FL (PRWEB) August 30, 2013 An oft-overlook and relatively unknown federal program for hospitals seeking capital for needed and [...]

Vermont’s Captive Insurance Industry Off to Best Start Since 2005

Montpelier, VT (PRWEB) April 16, 2012 First quarter licensure of new captive insurance companies is off to a strong start [...]