A recent announcement states that the price of petrol has increased by Rs 9.99 per litre, to Rs 275.60 per litre.
The cost of high-speed diesel has also increased significantly, rising by Rs 6.18 a litre. Diesel is now priced at Rs 283.63 a litre.
Furthermore, kerosene now costs Rs 0.83 more per gallon.
The cost of products and services is predicted to rise in response to the increase in petroleum prices, further taxing household budgets and jeopardizing the stability of the economy.