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Average gasoline price rises to record Y159.20 per liter

Japan's average retail price of regular gasoline rose to an all-time high of 159.20 yen per liter as of Monday, surpassing the previous record of 155.50 yen set last December, the Oil Information Center said Wednesday. The average price was up 5.80 yen from last Thursday, when many gas stations raised retail gasoline prices on the revival of an extra tax of 25.10 yen per liter.