Penny wise, pound 'fuel-ish'

The price of fuel has gone up, once again, sparking fears that a rise in inflation will follow. Petrol, inland, will cost R13.55 a litre.

JOHANNESBURG - The price of fuel has gone up.

As of Wednesday at midnight, a tank of petrol will cost R13.55 a litre. 

According to economist, Chris Hart this latest increase could mean consumers may have to brace themselves for a rise in inflation, unless the rand stops weakening.

Speaking to eNCA, Hart said after pay day, a hike such as this was likely to put pressure on household budgets as well. 

He said however that compared with other countries, South Africa doesn't suffer as much as others dependent on fuel.

*Watch his full interview in the gallery above.

Price increase

Petrol will cost inland users R13.32/lt (Unleaded 93 and Lead Replacement Petrol (LRP)), R13.55/lt (Unleaded 95). On coastal areas, you'll pay R13.12/lt (Unleaded 93) and R13.18/lt (Unleaded 95 and LRP).

Diesel will cost R12.53/lt inland, whilst at the coast, you'll pay R12.26/lt.


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