South Africans will face another fuel price increase at the start of the new year, marking the third consecutive adjustment. While illuminating paraffin prices will decrease, petrol and diesel prices will rise, placing further strain on consumer budgets and potentially leading to higher prices for goods and services.
South Africa ns will unfortunately start the new year with another fuel price increase, marking the third consecutive adjustment.
He expressed concern over the cumulative impact of consecutive increases which are expected to drive up transport costs, which may in turn lead to higher prices for goods and services, placing further pressure on already stretched consumer budgets. He also stressed the importance of supporting small businesses in the petroleum retail sector during this challenging period.
Fuel Prices South Africa Inflation Economy Consumer Spending
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