Gasoline prices increased in January
Feb. 21, 2025
Global Korean Post
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Compared with the same month one year earlier, energy prices rose 5.3% in January following a 1.0% increase in December, driven by higher prices for gasoline and natural gas.
Prices at the pump increased 8.6% on a year-over-year basis in January, up from a 3.5% increase in December. In January, prices increased the most in Manitoba (+25.9%) due to the re-introduction of the provincial gas tax at a lower rate after its temporary suspension from January to December 2024.
