Pump price falls for 10th week in row

Jiji Press TOKYO (Jiji Press) — The average retail price of regular gasoline in Japan as of Monday fell ¥2.7 from a week before to ¥143.9 per liter, down for the 10th consecutive week, the government said Wednesday.

The drop reflected a down trend of crude oil prices due to concerns over a global economic slowdown.

Retail gasoline prices fell in all of the country’s 47 prefectures for the first time in 2 weeks, according to the survey released by the Natural Resources and Energy Agency.

Kanagawa saw its average price decrease by ¥4.8, the biggest amount by prefecture, and Hokkaido by ¥4.6.

Pump prices are expected to continue declining the next week, said an official of the Oil Information Center, which carries out the price survey for the government agency.


Click to play


+ -

Generating speech. Please wait...

Become a Premium Member to use this service.

Become a Premium Member to use this service.

Offline error: please try again.