KOCHI: Fuel prices hikes again. For petrol, the price increased by 24 paise per litre and for diesel, it increased by Rs 26 paise. With this, the fuel price in Kochi has crossed Rs 90 similar to Thiruvananthapuram. In Kochi, the petrol price is Rs 94.59 and for diesel, it is Rs 90.18.
In Thiruvananthapuram, diesel and petrol prices are 91.74 and 96.47 respectively. Within 29 days, diesel prices were hiked by Rs 4.47 and petrol prices were hiked by Rs 3.73.
The fuel prices began to increase across the state following the assembly elections. When the election process in five states began, the petroleum firms did not increase the prices. With the declaration of results, companies increased the prices to unprecedented levels. In the month of May alone, fuel prices increased 16 times.