Inflation: LPG price hiked by Rs 50; Rates up by Rs 244 in one year

Inflation: LPG price hiked by Rs 50; Rates up by Rs 244 in one year

Cooking gas LPG price on Wednesday was hiked by Rs 50 per cylinder, the eighth increase in rates in the last one year that took the cumulative rise to Rs 244. Non-subsidised LPG now costs Rs 1,053 per 14.2-kg cylinder in the national capital, up from Rs 1,003 previously, according to a price notification of state-owned fuel retailers. Firming international energy prices have led to non-subsidised cooking gas (LPG) prices being increased on eight occasions in the past year. In all, rates have gone up by Rs 244 per cylinder…

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