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Tuesday, November 27, 2018

Fuel price hike to worsen living standards—experts - The Nation Online

Fuel price hike to worsen living standards—experts - The Nation Online: Economic commentators have warned that standards of living for the low and middle income earners are in jeopardy following the anticipated rise in prices of goods and services triggered by last week’s fuel price hike.

On Thursday, Malawi Energy Regulatory Authority (Mera) increased the price of petrol by 6.2 percent to K990.50 per litre, diesel went up by 6.9 percent to K990.40 per litre while paraffin is now selling at K785.80 per litre, an increase of 3.93 percent

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