---
title: No bias in pump price movements up or down - NZIER Insight 29
description: Petrol prices have been rising in recent weeks. It may feel like petrol prices at the pump move up faster and further than they fall, but we find there is
---

[Latest publications | NZIER ](https://www.nzier.org.nz/publications)

# [No bias in pump price movements up or down - NZIER Insight 29](https://www.nzier.org.nz/publications/no-bias-in-pump-price-movements-up-or-down-nzier-insight-29)

 Written by [Admin](https://www.nzier.org.nz/publications/author/admin) | September 15, 2011

Petrol prices have been rising in recent weeks. It may feel like petrol prices at the pump move up faster and further than they fall, but we find there is no empirical evidence to support this. Prices fall as quick and as far as they rise when crude oil prices change.

[View full post](https://www.nzier.org.nz/publications/no-bias-in-pump-price-movements-up-or-down-nzier-insight-29)

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