Another blow to inflation, increased prices of domestic LPG cylinders

Publish Date: 07 May, 2022 |
 

In May, once again the shock of inflation has hit the common people. The price of petrol, diesel and CNG was increasing continuously but now the price of LPG gas is also increasing continuously. Today, oil companies have made the price of domestic LPG cylinders costlier by Rs 50. The burden of inflation will once again increase on the pockets of the common people. At the same time, companies have also increased the prices of commercial LPG cylinders this month.

Now the price of a 14.2 kg domestic LPG cylinder in the capital Delhi has gone up to Rs 999.50 per cylinder. Earlier, on March 22, the price of domestic LPG was increased by Rs 50. There was no increase in the price of this cylinder in the month of April.

The prices of commercial LPG cylinders also increased recently

It is worth noting that earlier this month, the prices of commercial LPG cylinders were also increased. Oil companies on 1 May increased the price of 19 kg commercial LPG cylinder by Rs 102.50 to Rs 2355.50. Earlier, the price of a commercial LPG cylinder was Rs 2253. Also, the price of a 5 kg LPG commercial cylinder was increased to Rs 655. Earlier, in the beginning of April, the price of a 19 kg commercial cylinder was increased by Rs 250. After which this price had gone up to Rs 2,253.

There was an increase in March

After the end of the elections in five states including Uttar Pradesh, the increase in the prices of petrol, diesel and LPG had already started. After that the price of LPG also started increasing. In this sequence, on 22 March 2022, the price of domestic LPG cylinders was increased by Rs 50. After that the price of a gas cylinder in Delhi had gone up to Rs 949.50.

Before March 22, the prices of LPG cylinders remained stable for almost six months. There was no change in the rate of domestic LPG cylinder after 6 October 2021. But this time the price of a 14.2 kg cylinder was increased in a span of just one month. Gas prices are seeing an increase due to the supply chain affected by the ongoing war between Russia and Ukraine. 

 

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