• Fuel prices have experienced a significant decline over the past week, dropping by 7 centimes.
  • This decrease brings gasoline prices to their lowest levels seen in years.
  • Specifically, the SP95 and SP95-E10 fuels have not been this affordable since the end of September 2022.
  • Meanwhile, the SP98 fuel has reached its lowest price point since the end of October of the same year.

Quick Summary

Fuel prices have seen a sharp decline over the course of the last week, falling by 7 centimes. This reduction marks a significant shift in the market, bringing costs down to levels not seen in several years. The decrease affects various types of gasoline, offering widespread relief to consumers.

The most notable drops have been recorded in standard unleaded fuels. This price movement represents a substantial break from the trends observed in recent months, signaling a potential change in the economic landscape for the automotive sector.

📉 Sharp Decline in Weekly Prices

Gasoline prices have retreated significantly over the past week, with a recorded drop of 7 centimes. This decrease brings the average price of fuel down considerably, marking a positive development for motorists. The price of SP95 has fallen to its lowest point since the end of September 2022.

Similarly, the SP95-E10 variant has followed this downward trend, reaching the same low levels observed in late 2022. This price correction is a notable event in the current economic climate.

⛽ Specific Fuel Price Points

The recent price adjustments have brought specific fuel grades to multi-year lows. The SP95 and SP95-E10 are now priced at their most affordable rates since September 29, 2022. This represents a significant saving for drivers using these standard fuel types.

For premium fuel users, the SP98 has also seen a considerable reduction. It has reached its lowest price level since October 31, 2022. The synchronized drop across different fuel grades indicates a broad market trend rather than an isolated adjustment.

📅 Historical Context and Trends

Comparing current prices to historical data highlights the magnitude of this recent drop. The last time fuel was this inexpensive was over three years ago, during the fall of 2022. This long-term perspective underscores the significance of the current price reduction.

Consumers have faced steadily rising costs in the intervening period. The return to 2022 price levels offers a welcome respite and could influence spending habits and economic activity in the automotive sector.

✅ Conclusion

The recent 7 centime drop in fuel prices represents a significant development for the market. With SP95 and SP95-E10 reaching lows not seen since September 2022, and SP98 hitting its lowest since October 2022, consumers are experiencing tangible financial relief.

This downward trend provides a positive outlook for the automotive sector as the year concludes. The sustained lower prices could have lasting effects on consumer confidence and expenditure in the months ahead.

Frequently Asked Questions

How much have fuel prices dropped recently?

Fuel prices have dropped by 7 centimes over the past week.

When were fuel prices last this low?

SP95 and SP95-E10 prices were last this low at the end of September 2022, while SP98 was last at this level at the end of October 2022.