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Cash-strapped consumers will have to dig deeper into their pockets next month as unaudited data from the Central Energy Fund points to fuel price hikes for all grades.
The Automobile Association (AA) says according to the data, petrol ULP95 will climb by around 35 cents a litre, and petrol 93ULP by around 30c/l.
Diesel could increase by around 72c/l which effectively means consumers will have to pay more for goods and services down the line.
The AA says they predict an increase in illuminating paraffin of 72c/l.
The data is showing that the main driver behind the expected increases in international oil prices which escalated steadily throughout the month.
Easing some of the pressure on fuel prices is the Rand which improved its value against the US Dollar throughout the month.
The strengthening of the local currency against the Greenback throughout the month is ensuring the expected fuel increases are not higher but this is not doing enough to avoid the hikes.
