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The Automobile Association says diesel prices will increase for the fourth consecutive month when fuel prices for October are officially adjusted next Wednesday.
Commenting on Friday on unaudited fuel data from the Central Energy Fund, the AA said petrol and illuminating paraffin prices will also increase – both for the third consecutive month.
Spokesperson, Layton Beard, said according to the current data, diesel is expected to increase by around R1.60 per litre, while petrol is expected to increase by between 75 and 80 cents a litre depending on the grade.
He says illuminating paraffin will go up by an expected R1.50 per litre.
“As was the case with the previous increases, these latest significant adjustments are mainly attributable to rising international oil prices. While the weaker Rand/US Dollar exchange is also playing a role in the hikes for all fuels, its contribution is less substantial than the international product prices,” Beard said.
He also advises that as the end of the year approaches many people will be making plans for their annual vacations.
“Part of that planning must include budgeting properly for fuel expenses now and including some extra finds to offset possible additional increases that may occur in November and December”.
