Lower Petrol Prices Present Several Benefits

  • Jul 27, 2020 NZST
  • Team Kalkine
Lower Petrol Prices Present Several Benefits

As per the Stats NZ, low and middle-income groups gained the maximum benefits due to the decrease in petrol prices amid Covid-19 global pandemic.

Consumer prices manager Sarah Johnson said these income group people spend more of their earnings on petrol than the high-income group people.

NZ saw free transportation in many parts of the country and also a significant fall in petrol costs. Lower transport price was the leading contributor for this quarterly drop. Crude oil prices plunged sharply in the global market in March and April.

 


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