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Like interest rates, petrol and diesel prices were also on the rise today with a four cent per litre price hike across the major oil companies.
The increase takes the price of unleaded 91 octane to 155.9c a litre, 96 octane to 160.9c and diesel to 101.9c.
BP spokeswoman Diana Stretch said the price rise was due to increases in the international cost of refined petrol and diesel.
Caltex and Shell confirmed they had also raised prices by four cents.
- NZPA
