New data from RAC Fuel Watch reveals that the average price of unleaded petrol in the UK decreased to 131.91p per litre in January. This represents a reduction of 3p per litre compared to previous figures.
The drop marks the lowest petrol price level seen since 2021, reflecting changes in fuel costs over recent months.
**Why this matters**
Lower petrol prices can reduce the cost of travel for consumers and businesses, potentially easing household budgets and operating expenses. Monitoring fuel price trends helps understand economic pressures and inform decisions related to transportation and energy use.
Source: NewsData