Massive fuel price hike expected in June

With inflation on the rise, we are likely to see another interest rate hike this week. And from June, that fuel price reprieve created three months ago will fall away with experts warning we could see a jump in the fuel price. Economist Dawie Roodt has more. #DStv403

JOHANNESBURG - Experts warn of a possible massive fuel hike next month.

This as the temporary fuel levy reprieve ends at the end of the month.

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The fuel hike will have a ripple effect pushing up inflation.

This in turn will force the Reserve Bank's hand to increase interest rates.

Source
eNCA

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