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Costs up noderately

21st February 1981
Page 7
Page 7, 21st February 1981 — Costs up noderately
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'ERATING costs increased at a noderate level' in the quarter to December 1,1980, accordg to the Freight Transport Asiciation's cost and rate report. le increase has resulted in a nail reduction in the overall inual rise in costs.

Wage costs have risen by 18 lr cent since December 1, 1979, Je mainly to the costs of settleents made in September, Ocber and November of 1979, le decrease in the level of age settlements throughout inistry has not yet been greatly .flected in the cost tables.

On average, fuel costs fell, ith companies reporting a reJction in the cost of bulk ipplies by 1.6p per gallon corn3red with the previous quarter. le average cost per gallon at ecember 1 was 104.2p per gal

As in the previous quarter — ) September — most haulage ites remained unchanged. orne reductions were reported, rid a small number of rates in-eased,

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