Month-end fuel price predictions are pointing to more relief for motorists and other consumers in July.
The Automobile Association says unaudited data from the Central Energy Fund shows a significant drop in the price of petrol can be expected next Wednesday.
"According to the latest unaudited data from the Central Energy Fund, ULP93 and ULP95 are expected to drop by around R1/litre, while diesel and illuminating paraffin prices are likely to drop by around 30cents/l and 25c/l respectively," said AA spokesperson, Eleanor Mavimbela.
It will be the first time this year that prices have fallen in two consecutive months.
"Lower fuel prices will especially benefit South Africans with vehicles which will save a little on their monthly transport budgets.
"Consumers generally will also benefit as input costs won’t be negatively impacted, and prices at the till are, therefore, unlikely to increase," Mavimbela added.
"Although we are expecting fuel to be cheaper in July, we remain concerned about the overall soaring prices which impact all consumers.
“A sustainable solution to mitigating rising fuel costs is still necessary, and until that solution is found, citizens will be at the mercy of fuel price hikes.
“As the country awaits finalisation of the new Cabinet, we implore the new administration to prioritise finding sustainable solutions to rising fuel costs by conducting a long overdue and transparent review of the fuel pricing structure,” she said.
