In contrast, Aviation Turbine Fuel (ATF) usage recorded a significant rise of 9.48%, totaling 720 TMT, indicative of a recovery in aviation activities.
The report also noted an increase in petrol consumption, which rose by 2.80% to reach 3,144 TMT. Similarly, Liquefied Petroleum Gas (LPG) usage saw a modest growth of 1.10%, amounting to 2,704 TMT.
Reflecting on longer-term trends, the PPAC highlighted that since September 2019, petrol consumption has surged by 32.54%, marking a compound annual growth rate (CAGR) of 5.80%. Diesel's growth stood at 8.93% over the same period, with a CAGR of 1.73%. Meanwhile, ATF and LPG have expanded by 10.19% and 24.58% respectively.
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