Petrol value reaches new list excessive at 170p a litre and diesel at 181p, information presentations | Trade Information

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Reasonable petrol costs have reached a brand new list excessive of 170.4p a litre, new figures display.

Diesel reached 181.4p for the primary time, in step with information company Experian Catalist.

A 12 months in the past lately, petrol was once 129.0p a litre, with diesel at 131.3p a litre.

RAC gasoline spokesman Simon Williams known as it “every other unlucky landmark”.

“Whilst wholesale costs could have peaked in the intervening time closing week they’re nonetheless worryingly excessive which means that there is no respite from the record-high pump costs that are so relentlessly contributing to the cost-of-living disaster”, he mentioned.

“We badly want the federal government to take extra motion to ease the load on drivers which we are hoping will characteristic in its announcement anticipated this week.

“VAT at 20% on gasoline is these days benefitting the Treasury to the music of round 30p a litre which turns out very unfair whilst you imagine it is a tax on a tax as gasoline responsibility – regardless of being minimize to 53p a litre on the finish of March – is charged on the wholesale stage.”

He mentioned there may be “nonetheless fairly some variation in pump costs amongst gasoline stations in maximum spaces”, announcing it’s “specifically galling” when supermarkets of the similar emblem rate “considerably extra” at one location when compared with every other in the similar area.

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