This month carries good news on fuel prices – they’re dropping! Although the drop is being pushed by a price war between the supermarkets more than the drop in the barrel price. This does make the price drops a lot more variable and this is reflected in the latest figures having the highest regional variation since I’ve started doing the measurements. It is also worth pointing out, that the drop so far has only taken fuel prices back by a couple months rather than to last year’s price plus annual inflation.
Source figures courtesy of the AA.