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Thursday, January 29, 2009

Govt cuts petrol, diesel and LPG prices

The government on Wednesday, 28 January 2009, midnight slashed petrol prices by Rs 5 per litre, diesel by Rs 2 per litre, and LPG by Rs 25 per cylinder, in an attempt to pass on the benefit of weakening international oil prices to consumers.

Earlier, on 6 December 2008, the government had reduced the petrol price by Rs 5 a litre and diesel price by Rs 2 a litre.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jun 16
04:00 Business NZ PSI 2 48.5
04:31 Rightmove House Price Index (YoY) 1 1.2%
04:31 Rightmove House Price Index (MoM) 1 0.6%
12:00 Producer and Import Prices (YoY) 1 -0.5%
12:00 Producer and Import Prices (MoM) 1 0.1% 0.1%
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