Spokesperson – Layton Beard – says with winter in full swing, the poorest or the poor will be hardest hit.
“Although it is a huge increase. It’s not any silver-lining, but unfortunately, the trend is that we are seeing increase on the horizon. The major contributors to this are obviously the strength of the Rand against the US Dollar and we know that has taken a hit over the last couple of weeks.”
Based on mid-month fuel price data, the @AASouthAfrica reckons we are in for substantial increases in fuel prices in July 2020. See the fuel forecast here: https://t.co/ct7QYANUcB pic.twitter.com/XQLPrajYNf
— Cars.co.za (@CarsSouthAfrica) June 15, 2020
Fuel also increased in the beginning of June.
However, in May motorists paid R1.74 less for a litre of fuel.
The price of diesel went down by R1.61 cents per litre and illuminating paraffin by R2.23 cents per litre.
Plummeting oil prices caused by a virtual halt in global economic activity during the coronavirus pandemic led to the decrease.
