The price of regular gasoline was 180 yen.70 per liter, the first increase in two weeks. Since the subsidy will be reduced from the 16th, the price is expected to rise to a historic level of around 185 yen.

According to the Agency for Natural Resources and Energy, the average retail price of regular gasoline nationwide as of the 14th of this month was 180 yen.70 per liter, 10 sen higher than the previous week. This is the first price increase in two weeks.

Until last year, the government had been providing subsidies to keep the price at around 175 yen, but it has been gradually reduced since last month.

The subsidy will be reduced by 5 yen from the 16th, and gasoline prices are expected to rise to historic levels of around 185 yen.