Gas prices expected to drop another 3 cents per litre

By CityNews Kitchener Staff

Posted Aug 17, 2022 01:25:29 PM.

Another drop in gasoline prices is on the way.

The price is expected to drop by 3 cents per litre overnight into Thursday. It follows a 3 cent decrease on Wednesday.

It will put the price at most local stations at around $1.60 per litre on Thursday.

The recent decline in gas prices helped push July's inflation rate down to 7.6 per cent. Still, gas prices rose 35.6 per cent year-over-year in July, compared with 54.6 per cent in June.

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