Car Hire and Petrol Prices Falling in Europe
8 Jul
It’s not very often that you hear good news about fuel prices. The normal trend seems to be price rises even when the oil price goes down. This makes sense I suppose, why pass on the saving to the consumer if they are going to buy fuel anyway? Anyway, back to the good news before this deteriorates into a rant…
Fuel costs in mainland Europe are apparently 12% less this year than last and the cost of hiring a car is also falling. This is good news for tourists looking to keep costs down this summer particularly those visiting Switzerland where unleaded petrol is currently at 91p per litre. Everything else in Switzerland is massively over priced (over £4 for a Cappuccino?!) so if you’re not paid Swiss wages you might want to keep on driving.
The cost of renting a car has also fallen across the continent with Portugal seeing a 21% drop in price and french car hire also coming down in price. One place where driving costs are increasing is Florida where ‘gas’ prices and the week pound are affecting British holidaymakers. I would be surprised if it was anymore expensive than driving here though as petrol prices in the US are still much lower than in the UK.
“This year’s report shows more evidence of price cutting activity to boost tourism in popular European summer holiday resorts. The huge drop in costs in both Portugal and Greece is great news for UK tourists and is another factor that should be taken into consideration when choosing a holiday this year.”
Sarah Munro, Post Office head of travel
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