The prices of unleaded fuel, diesel, and premix have seen a decrease as of today. Starting from the first of the month, the price of kerosene has dropped from $1.79 to $1.67 per liter. Unleaded fuel now costs $2.62 per liter, down from $2.73, while diesel is priced at $2.18 per liter. Additionally, the price for premix fuel has reduced from $2.55 to $2.43 per liter.
On the other hand, the cost of gas has risen, with a 4.5kg gas cylinder increasing from $14.80 to $14.97, and a 12kg cylinder now priced at $39.91.
Joel Abraham, the CEO of the Fijian Competition and Consumer Commission (FCCC), emphasized the importance of maintaining affordability for Fijian families. He stated that these recent price adjustments are part of the FCCC’s commitment to protecting consumers from the volatility of global market trends. Abraham acknowledged the challenges rising costs pose to daily life and assured that through careful monitoring and regulation, the FCCC aims to ensure that essential goods, particularly fuel, remain accessible, especially for vulnerable populations.
By managing fuel prices, the FCCC is not only assisting households in maintaining their budgets but also affirming its dedication to consumer protection and equitable market practices.
As consumer costs fluctuate, the efforts of the FCCC to stabilize fuel prices offer a beacon of hope for families grappling with economic pressures, reinforcing the idea that with diligent oversight, essential resources can remain within reach.
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