The interim government, in power for just a month, has announced its third consecutive increase in petroleum product prices.
Petrol prices have surged by Rs. 26.02 per liter, reaching Rs. 331.38, while high-speed diesel prices have risen by Rs. 17.34 per liter, now standing at Rs. 329.18.
The Finance Division released a brief statement citing the continuous upward trend of global petroleum prices as the reason for these revisions.
This latest hike means that since August 15, the price of petrol has jumped by Rs. 58.43 per liter, and high-speed diesel prices have climbed by Rs. 55.84 per liter.
— Ministry of Finance (@FinMinistryPak) September 15, 2023
In the previous bi-weekly price review on August 31, the interim government had increased petrol prices by Rs. 14.91 per liter, setting them at Rs. 305.36, and high-speed diesel prices had gone up by Rs. 18.44 per liter, reaching Rs. 311.84.
On August 15, the interim government initiated a series of increases, raising petrol prices by Rs. 17.50 per liter and high-speed diesel prices by Rs. 20 per liter.
