fuel price

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The cost of fuel has increased and motorists will have to dig deeper into their pockets to fill up their vehicle's tanks. However, not only motorists and vehicle owners will be affected by the most recent fuel price increase. 


Motorists are expected to feel some relief from their pockets due to the positive fuel price adjustments for July 2023. However, not everyone on the road will experience the same.


Much to the relief of many consumers, the cost of fuel is expected to drop this week. The decrease will reportedly affect all conventional fuel sources, including paraffin, with only gas prices expected to go in the opposite direction.


With petrol prices expected to climb at the end of the month and a 9% increase in the price of electricity tariffs on the horizon, the cost of living in South Africa is growing 


The Consumer Price Index (CPI) is a monthly measurement where the price of a range of consumer products are measured. The difference in the price of a good is its inflation.


Over the past two months, the price of fuel has increased by around R2 per litre. This has resulted in increased calls for the government to revise how the price of fuel is calculated in South Africa.


Motorists will be paying 75 cents more per litre of petrol from December 1 2021. 


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