Small rise
7th August 1982, Page 5
7th August 1982
Page 5
Page 5, 7th August 1982
— Small rise
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OVERALL vehicle operating costs rose by about seven per cent in the year ending June 1982, according to the latest Freight Transport Association cost and rates report.
The Budget increases in fuel tax have not been so noticeable, because of the intense competition to sell fuel.
Tyre prices have at last started to increase, and insurance premiums are continuing to move steadily upwards, the report states.
As a result of this, the annual overall rate of inflation in vehicle operating costs continues to moderate and now ranges from 6.9 to 8.4 per cent, depending on the class of vehicle.
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Freight Transport Association