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Hokkaido Gasoline Rises Above National Average After Second Weekly Increase

Rising local gasoline, kerosene and diesel prices point to short-term upward pressure on household and transport fuel costs.

Overview

  • The Ministry of Economy, Trade and Industry's Oct. 7 release, covering prices as of Oct. 5, put Hokkaido's average regular gasoline at 171.30 yen per liter, up 10 sen from the prior survey and marking a second straight weekly rise.
  • The nationwide average for regular gasoline held steady at 170.20 yen per liter from the previous survey, leaving Hokkaido slightly above the national level.
  • Hokkaido's average kerosene delivery price rose 7 yen to 155.20 yen per liter, and the national diesel price increased by 10 sen to 159.60 yen per liter in the same METI update.
  • Kerosene is commonly used for home heating in Hokkaido, so the 7-yen jump is likely to raise winter heating bills for households that buy delivered fuel.
  • METI's weekly retail-price survey is the standard data source for short-term fuel trends and tracks small changes measured in sen, so observers will watch coming weekly releases to see if Hokkaido's rises become a sustained trend.