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AAP

Politics

Colin Brinsden, AAP Economics and Business Correspondent

Petrol back below $2 for some motorists

CBA Internet Commonwealth Bank Commonwealth Bank of Australia RBA

Petrol prices have eased below $2 per litre, ending a six-week run of increases. (AAP)

As borrowers brace for another interest rate rise from the Reserve Bank of Australia, there was at least some modest relief for households with the national price for petrol easing after six weeks of consecutive increases.

The Australian Institute for Petroleum said the national average petrol price was down 3.1 cents in the past week to 196.9 cents per litre.

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