Petrol in India is More Expensive than 98 Other Countries
By siliconindia   |   Friday, 04 November 2011, 01:30 IST   |    1 Comments
Printer Print Email Email
United Kingdom
UK
The UK has the eleventh highest petrol price in Europe. The petrol price increases do have a substantial effect upon consumption a 10 percent increase in price could reduce consumption by as much as 7 percent. However, with rising incomes in the UK, and falling costs of purchasing and maintaining vehicles, the demand for fuel and road travel continues to grow. The petrol price based on PPP is $1.85 and diesel price is $1.91.

Digital Supply Chain Transformation – Winning the AI/ML Way