Diesel duty hike's impact on public transport fares expected to be minimal

The increase in diesel duty will have a negligible impact on public transport fares.

This will be the case despite the fare formula having a specific component that takes into account changes in fuel and energy costs, observers said, referring to the latest 10-cent increase in diesel duty to 20 cents a litre, which took effect on Monday.

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A version of this article appeared in the print edition of The Straits Times on February 20, 2019, with the headline 'Impact on fares expected to be minimal'. Subscribe