The price of petrol and of diesel decreased by 21c per litre at midnight. This is good news for consumers faced with increased electricity, food and telephone costs.
The petrol price decrease could also have a positive effect on the inflation rate, which is showing signs of decreasing, hopefully leading to a further cut in the interest rate. The decrease also should have a favourable impact on tourism.
Whale Cottage Portfolio: www.whalecottage.com
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