Motorists paying more for fuel, as inflation quickens slightly
Updated | By Sibahle Motha
Motorists are paying more for fuel than they would have over a year ago.
Data released by the Stats SA on Wednesday show that motorists were on average paying 2.3% more for fuel compared to March 2020.
The price of fuel for April, reached a record high when it increased by a whopping R1 a litre while diesel increased by between 63 and 65 cents.
ALSO READ: Olievenhoutbosch residents barricade roads amid eviction operation
“This is the first time in 12 months that fuel prices have increased on an annual basis. In other words, for the first time in a year, motorists are paying more for fuel than they were 12 months before,” says Chief Director for Price Statistics Patrick Kelly.
Meanwhile, headline consumer inflation quickened from 2.9% in February to 3.2% in March.
The slight increase means inflation is still within the South African Reserve Bank’s target range of 3–6%.
Show's Stories
-
Boris Kodjoe reveals that he trolls his kids' social media
Now this dad is a dad we can get down with... one that doesn't apologise...
The Workzone with Alex Jay 26 minutes ago -
Little girl decorates her hair with prickly thorns from the garden
What would you do if your kid came into the house looking like she had a...
The Workzone with Elana Afrika-Bredenkamp 26 minutes ago