Petrol price impacted consumer price index, says StatsSA
JOHANNESBURG - Statistics South Africa said fuel prices were the main driver of changes to the consumer price index from April to June.There was a drastic decrease in the petrol price when the country went into a hard lockdown in March and April.
Stats SA chief director of statistics Patrick Kelly said: “So for example, we recorded negative 0.5 and negative 0.6 in April and May. This month, we have a positive 0.5% increase and again, it’s driven by the 7.5% increase in fuel prices between May and June.”
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