Falling oil prices have triggered a supermarket-price war
Falling oil prices have triggered a supermarket-price war, in particular Sainsbury’s switch to much lower pump prices across all of its forecourts. Although the countryside and small rural towns lag behind, average UK prices have dropped significantly.
Unleaded prices are down 2.0p from 129.2 ppl to 127.2 ppl. Diesel prices have fallen 2.1p from 133.4 ppl to 131.3 ppl. The price difference between unleaded and diesel has shrunk slightly to 4.1 ppl.
Scotland has recorded the highest price for unleaded at 127.7 ppl. London and the South East have recorded the lowest price for unleaded at 127.0 ppl. Wales has recorded the highest diesel price at 131.7 ppl. London has the cheapest diesel at 131.1 ppl.
Supermarket prices for unleaded have fallen to 125.4 ppl. The gap between supermarket prices and the UK average for unleaded has increased to 1.8 ppl.
(Fuel price data is supplied by Experian Catalist in cooperation with Arval UK Ltd)
(28 October 2014)