Gasoline prices in Japan in October fell by almost 20% because of cheaper oil

TOKYO, November 27. /Corr. Vasily Golovnin/. Gasoline in Japan in October fell by an average of 19.2% compared with the same month last year due to falling prices for imported oil. This was announced by the Central Bank of Japan.

Cheaper oil led in October to a General drop in payments for energy including electrical, 11.8%. Especially significantly decreased the price of kerosene in Japan in winter is actively used in heating devices, – by 27.4%.

The reduction in payments for energy in the country is causing a General fall in prices in October they decreased by 0.1% compared with the situation a year ago. It does not cause delight at the government and the Central Bank of Japan, which wanted to put out a small controlled inflation to reviving the business environment and enhancing domestic demand, forming 60% of the gross domestic product of the country.

Tokyo plans to increase the price in the country at 2%, but now this task is postponed to the end of 2016 – beginning of 2017.