In the other major cities of Delhi, Kolkata and Chennai, petrol was sold at Rs 76.76, Rs 79.42 and Rs 79.67 per litre, up from Rs 76.59, Rs 79.26 and Rs 79.49 respectively on Thursday.
On
an upward trajectory since July 5, petrol
prices in the financial capital of the country crossed the Rs 84
per litre mark on Friday and was sold at Rs 84.14 a litre.
The
cost of the fuel in Mumbai rose 17 paise from Rs 83.97 on Thursday,
according to data from the Indian Oil Corp.
In
the other major cities of Delhi, Kolkata and Chennai, petrol was sold
at Rs 76.76, Rs 79.42 and Rs 79.67 per litre, up from Rs 76.59, Rs
79.26 and Rs 79.49 respectively on Thursday.
In
Mumbai, along with the other metros prices rose to unprecedented
levels in May, with the all time high being Rs 86.24, recorded on May
29. It had first touched the Rs 84 a litre level on May 20.
After
a hiatus of around 36 days fuel
prices started to rise on July 5. However, on July 10 and 11
prices were steady.
In
tandem with petrol, the price of diesel also went up across the four
metros. It was sold at Rs 68.43, Rs 70.98, Rs 72.61 and Rs 72.24 per
litre in Delhi, Kolkata, Mumbai and Chennai respectively, up from the
previous levels of Rs 68.30, Rs 70.85, Rs 72.47 and Rs 72.10 per
litre.
The
high prices of diesel gain significance as it is used in the
transportation of agriculture and food products, which in turn
impacts the country's inflation rate.
The
retail inflation in June, as released on Thursday, touched the 5 per
cent mark, compared to 4.87 per cent in May, one of the reasons being
the high fuel prices.
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