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Petrol price hike causes sales crash [View all]
A SURGE in pump prices led to last month's petrol and diesel sales crashing to winter levels, an AA analysis of Government figures shows.
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July 2013 sales of diesel were down 5% on June's, dropping to just over 2.21 billion litres. These figures include commercial usage.
The AA said that in June 2013, when the average cost of petrol levelled at 134.6p a litre after surging to 140.0p in the spring, stable lower prices lifted petrol sales to a level last seen in November 2011.
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Tax income from duty on petrol and diesel sales fell £142 million in July compared to June and £35 million compared to July 2012, the AA said.
http://uk.cars.yahoo.com/news/petrol-price-hike-causes-sales-crash-100500066.html
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