- Falling fuel costs, along with falling food costs, continue to be one of the main drivers behind the rise in discretionary income
- Asda Income Tracker shows that inflation on vehicle fuel is down -14% compared with the same period last year
- Regions such as Scotland, Northern Ireland and the North East of England, would be hit the hardest if there was a rise in fuel duty
- Asda cuts fuel by up to 2ppl on unleaded and 1ppl on diesel. New national price cap means drivers will pay no more than 103.7ppl on unleaded and 106.7ppl across its 273 filling stations
Asda today (Monday 26th October) once again led on reducing the price of fuel by up to 2 pence per litre on Unleaded and 1 pence per litre on diesel with the retailer also calling on the Government to maintain its freeze on fuel duty in next month’s autumn statement.
Asda’s October Income Tracker showed that falling fuel costs, along with falling food costs, continue to be one of the main drivers behind the rise in discretionary income (the money left over once essentials like bills, food and housing have been paid for).
The report shows that inflation on vehicle fuel is down by -14% compared with the same period last year and when the national picture is broken down, the falling cost of fuel and food is even more central to boosting household spending power in regions such as Scotland, Northern Ireland and the North East of England, and a rise in fuel duty would hit families in these regions hardest.Find out more.