A Coffee break with… Keith 3
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Loading...European Petrol(Gas) Prices keep on climbing
The latest European figures for average petrol (gas) prices for various countries are now out for May 2010.
| International Petrol Prices : May 2010 | ||
| Surveyed in May | ||
| Country |
Unleaded (Litre-Euro)
|
Unleaded (gallon – USD)**
|
| Germany |
1.43
|
6.77
|
| Greece |
1.45
|
6.89
|
| Italy |
1.39
|
6.60
|
| Spain |
1.18
|
5.61
|
| France |
1.40
|
6.65
|
| UK |
1.43
|
6.78
|
| USA* |
0.62
|
2.94
|
| Norway |
1.69
|
8.03
|
But thank goodness the exchange rate has come down a little between the Euro and USD. At its height of around 1.55 USD to the Euro, Italians were paying over 8 USD a gallon.
These prices, and the extent to which the are rising, is causing significant inflationary pressure on all goods and services – the impact of which is also discussed in the article on Apartment rental in Rome and what is happening to prices.
* 1 US Gallon = 3.8 Litres.
**Exchange rate calculated at 1 Euro = 1.25 USD
(Source, AA)
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