Petrol Price: Ten Per Centum Increase Early On 2018 To K3.50 Per Litre, Port Moresby

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Title : Petrol Price: Ten Per Centum Increase Early On 2018 To K3.50 Per Litre, Port Moresby
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Petrol Price: Ten Per Centum Increase Early On 2018 To K3.50 Per Litre, Port Moresby

Petrol cost has increased yesteryear 7.27% inwards five months to Dec 2017. The increment may convey looked small, but it isn't. Here is how much less petrol a client gets since September 2017 - ii Litres *less* on a total tank refilled.


At the electrical current trend,  petrol users are probable to pay a 10% increment every bit early on every bit Jan 2018. The tabular array shows the cost of petrol betwixt September together with Dec from a Service Station inwards Port Moresby. *Prices are based on actual receipts, dated.

January 2018 petrol cost based on the average increment projected


Petrol cost was fairly stable inwards September, but started increasing on the 2nd calendar week of October. 

The bar graph shows the exponential increment of over 7% betwixt September together with Dec 2017 together with 9% to Jan 2018.




In fact, when a consumer refills petrol inwards December, (and at 7% increase), they get  70 millilitres *less* for every Litre of petrol (bought at K3.432 per Litre) compared to the September together with tenth Oct 2017 cost (K3.195 per Litre). That agency that:
  • For x Litres of petrol, consumers larn 700 mL *less*;
  •  A near-full tank of around thirty Litres, the customers larn 2100 mL *less*, that is 2.1 L less!
By Jan adjacent twelvemonth consumers are probable to pay K3.50 per Litre of petrol - the highest petrol price. And, users volition realise how less petrol they get. K3.50 is a conservative estimate.

There is a quest to notice out why the cost is increasing together with whether the increases (in October, Nov together with December) convey been monitored. 



Thus the article Petrol Price: Ten Per Centum Increase Early On 2018 To K3.50 Per Litre, Port Moresby

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