Islamabad: The government has announced an increase in the prices of petroleum products for October 21. According to the new rates, petrol has become expensive by 88 paise, while diesel has become expensive by 53 paise per litre.
After the price hike, the new price of petrol has been fixed at Rs 382.20 per litre, while the price of high-speed diesel has become Rs 389.80 per litre.
Changes in the prices of petroleum products may affect the expenses of users of motorcycles, private vehicles and other means of transport. The increase in the price of diesel may also affect the expenses of the freight and agricultural sector.
Changes in the prices of petroleum products are also likely to affect the delivery of daily necessities and business costs. However, the overall economic impact of this slight increase in prices will depend on other factors as well.
