Based on my driving experience, I have never seen a double
digited price increase. The highest so far I had seen was a 6 cent
increase sometime in May-June when record oil prices kept topping
the chart.
At least the petrol companies are doing something to keep their
pump prices as realistic and in tandem with world market
conditions.
It would be a little difficult for me to comment on public
transportation's pricing but perhaps I could do a little
justification for why such fares have been on the rise.
Crude oil had nearly increased by 100% in July as compared to
the same period as the last and that public transportation
companies only have the opportunity to propose fare amendments once
a year as compared to petrol companies which have the jurisdiction
to allow their pump prices to move in tandem with market
conditions.
There are other reasons - but the way public and private listed
companies operate, well, a monopolisation of the mass market is
always bad.
Not just here, but evident elsewhere in the world.