Penny wise, pound 'fuel-ish'

Petrol attendant puts petrol in a car

A petrol attendant puts petrol into a car. South African consumers have been alarmed at the steep increases in the price of fuel.

A petrol attendant puts petrol into a car. South African consumers have been alarmed at the steep increases in the price of fuel.

Petrol attendant puts petrol in a car

A petrol attendant puts petrol into a car. South African consumers have been alarmed at the steep increases in the price of fuel.

A petrol attendant puts petrol into a car. South African consumers have been alarmed at the steep increases in the price of fuel.

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&39;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&39;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&39;ll pay R12.26/lt.