Economic Weather Report: Brace for higher petrol prices as tax increases bite
3rd Nov 09, 5:11pm
by
Watch the You Tube video here. Bernard Hickey delivers an economic weather report on why petrol prices may be about to rise as oil company margins are compressed because of higher taxes. The weaker New Zealand dollar and a firm oil price will also keep the pressure up on the petrol price. Here is the full interactive chart showing the various components of the petrol price.
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