In the eight such hike in a year, aviation fuel prices on Saturday were increased by Rs 277.5 to Rs 1,13,202.33 per kilo litre or Rs 113 per litre. This is the eighth rise in the year and second in a month’s time.
A close look at price rise on fuels and gas since the past month reveals petrol and diesel were costlier by Rs 10 a litre since last month, CNG was dearer by Rs 14 a kilo and piped natural gas was dearer by Rs 10. The domestic LPG rates too rose by Rs 25 per cylinder, developments that could see a further spike in inflation in the coming months.