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Fuel prices start to weigh on consumers
Report: Energy costs may be going up but consumers find ways to keep them down.
October 25, 2005: 12:10 PM EDT

NEW YORK (CNN/Money) - Consumers are curbing their driving habits as high gas prices decrease demand, a marketing information company said Tuesday.

According to the NPD Group, three out of four consumers said recent hikes in gasoline prices have affected how much they spend to refill.

Sixty-nine percent of consumers surveyed are driving less frequently, 42 percent plan to drive not as far and only four percent of consumers have taken advantage of employee discount incentives from major car dealers.

Nearly a quarter of the consumers surveyed said that increased airline fares would affect their travel plans or choice of airline, the NPD said.

Meanwhile, gasoline prices fell across the board Tuesday, and even diesel prices dropped by more than two cents, according to travel club AAA's daily fuel report.

The NPD Group's survey was conducted September 22-29, 2005.

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