• Kyodo News

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The retail price of regular gasoline averaged ¥106.80 per liter as of Monday, down ¥3.80 from Dec. 22 and falling below the ¥110.00 line for the first time in four years and seven months, the Oil Information Center said Wednesday.

The average price of regular gasoline was last seen below ¥110.00 in late May 2004. A comparison with the previous week is not available due to the yearend and New Year holidays.

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