Impact of fuel price hikes to see consumers paying more for goods & services

JOHANNESBURG - South African consumers can expect to pay more for some goods and services as fuel prices are expected to increase from Wednesday.

Both grades of petrol will be hiked by 37 cents per litre - while the price of diesel will increase by between 71 and 72 cents per litre.READ: Volatile rand remains a threat to lower petrol prices, says economist "The reasons for these adjustments are as follows; the higher oil prices lead to higher prices of all petroleum products during the period under review. The rand appreciated against the dollar and cushioned the prices - LP gas is decreasing by R1.69 per kilogram due to lower prices of propane and butane," said the department's Robert Maake.

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