Record petrol prices exert braking effect
Record high petrol prices have caused more than one-fifth of Swedish motorists to reduce their driving, the national news agency TT reported today. Citing a public opinion survey by Sifo, TT says 22% of a thousand polled said they used their cars less because petrol had become too expensive. Swedish 95-octane reached an all-time high of 10.89 kroner (euros 1.18) per litre in May. Similar reports of road traffic declining in the face of high fuel prices have emerged in France and Denmark (EED 21/05/01).