india’s lpg cost: Indian cooking gas price highest in the world – india’s lpg cost highest in world

by time news
New Delhi: India has the highest LPG price in the world in terms of purchasing power of domestic currencies. Liquefied petroleum has the highest price per liter in the country. In terms of petrol prices, petrol prices in the country are the third highest in the world. Diesel prices are in the eighth position. There are several factors that drive up fuel prices, including crude oil prices and higher prices in other countries.

However, the difference in the exchange rate is the main reason why the country is most affected by this price hike. This is due to the rate at which currencies are traded in the international market and the high value of the dollar. As the income of each country varies, so does the impact of price increases on different countries.

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In the case of Western countries, a liter of petrol is enough to set aside a small portion of the average daily income. For the average Indian, 1/4 of the daily income should be spent on fuel. At the same time, in the African country of Burundi, fuel prices are higher than the average daily income.

Comparing LPG prices in 54 countries, the average price in India is $ 3.5 per liter. This is the highest rate in the world. India is followed by Turkey, Fiji, Moldova and Ukraine. At the same time, in countries like Switzerland, France, Canada and the UK, the price of LPG is only one dollar per liter.

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