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Japan average pump price rises to 169.2 Yen

The average retail price of regular gasoline in Japan rose by 0.1 yen from a week before to 169.2 yen per liter. (Shutterstock)
The average retail price of regular gasoline in Japan rose by 0.1 yen from a week before to 169.2 yen per liter. (Shutterstock)
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26 Oct 2022 06:10:37 GMT9
26 Oct 2022 06:10:37 GMT9

Tokyo: The average retail price of regular gasoline in Japan as of Monday rose 0.1 yen from a week before to 169.2 yen per liter, up for the second straight week, the industry ministry said Wednesday.

The average pump price was up in 23 of the country’s 47 prefectures, flat in four and down in the remaining 20.

The southwestern prefecture of Nagasaki posted the highest average price, at 182.2 yen.

Government subsidies paid to oil wholesalers in the week through Wednesday had the effect of pushing down pump prices by 39.5 yen.

From Thursday, the amount of subsidies will be 36.4 yen per liter.

JIJI Press

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