With rupee achieving greater depth as the days pass, and with petrol’s pocket getting unlucky by ₹7.50, any sane person would run cursing the Government’s bad omens. This increases a consumer’s pressure with respect to inflation, and going by the figures, it seems that the inflation will in no time cross the double-digit barrier.

petrol price hike

At present, difference between per liter costs of Petrol and Diesel is about ₹25, a gap huge enough to make the consumer reconsider his choice between a petrol and diesel variant of a car. With the current trend, one can expect a price hike in diesel too, but even that won’t be as high as the petrol price hike.