The retail price of regular gasoline this week was 171.2 yen per liter on average nationwide, up 0.3 yen from last week.
Although the price increase has been suppressed to some extent by the government's measures, the amount of subsidy will reach the upper limit as early as 10th, and future measures will be the focus.
According to the Petroleum Information Center, which is commissioned by the government to investigate gasoline prices, the retail price of regular gasoline as of the 7th was 171.2 yen per liter on average, up 0.3 yen from last week.
The price has risen for 5 consecutive weeks and has been at the highest level for the first time in about 13 years.
In addition, the over-the-counter price of kerosene was 2005 yen per 18 liters on average nationwide, an increase of 7 yen from last week.
The price has risen for 5 consecutive weeks, which is also the first level in 13 years.
The government has been implementing an unusual measure to reduce the wholesale price of gasoline and other products by subsidizing the oil sales company since 27th last month, and the Ministry of Economy, Trade and Industry has taken this measure for 2.5 yen per liter for retail sales. It is said that the price increase was suppressed.
However, from the 10th, the amount of subsidy will reach the upper limit of 5 yen per liter as early as possible, and future measures will be the focus.
To discuss additional measures at government-related ministerial meetings
The government will hold a ministerial meeting on the 10th to examine the effects of the measures taken so far and discuss additional measures.
Chief Cabinet Secretary Matsuno said at a press conference in the morning, "We are not at the stage where we can answer specific measures, but the government will take the initiative and flexibly to minimize the impact on people's lives and economic activities. I think we need to keep going. "