RHA: Ninth consecutive weekly increase in haulage fuel costs
The RHA’s weekly fuel price survey, published at lunchtime today, shows a leap of 2.39 pence a litre in the national average price compared with a week ago, to 100.49 pence a litre before VAT.
“This is the ninth consecutive weekly increase, during which time prices have risen by 10%,” says director of policy Jack Semple. “In early-February, hauliers were paying 91.47 pence a litre.”
“With diesel accounting for 30-to-40% of truck operating costs, these increases have a serious impact on the cost of road haulage, an indisputably essential element of the UK supply chain.
“It is clear that prices have been pushed up by the weakening value of the pound against the dollar, plus the government’s policy on fuel duty, which has risen by one per cent per month during the recession.
“We are also seeing the impact of the ending of the Treasury’s biofuel duty rebate to oil companies, which has caused many suppliers to impose an additional price rise of around 0.8 pence,” Semple said.
Road Haulage Association – phone us first
For more details, contact RHA Head of Media Relations, Kate Gibbs on . . .
Tel: +44 (0) 1932 838917
Mob: + 44 (0) 7979 531451
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