AA: Anticipated diesel price increase to have adverse effect on consumers
The Automobile Association (AA) said the anticipated increase in diesel prices will have adverse effects on consumers as fuel price increases impact production costs in many sectors.
On Friday, the association said the prices of petrol and illuminating paraffin are likely to decrease for a second consecutive month.
However, the association said the high international oil prices point to an increase in diesel prices.
“The decrease to the price of petrol is naturally welcome news and will provide some relief to embattled consumers,” said AA spokesperson Layton Beard.
“The increase to diesel, though, means input costs in, amongst other sectors, the agricultural and manufacturing sectors are also likely to increase, which may result in higher prices for consumers,” Beard added.
Fuel prices for July will be adjusted on Wednesday, 5 July.
-EWN
In other news – #DurbanJuly: Actor Thembinkosi Mthembu shows off his tailor-made suit for Durban July – VIDEO
Popular Mzansi actor Thembinkosi Mthembu known for his role as Mabutho on Mzansi Magic’s The River showed off his Durban July suit, leaving fans in awe.
Durban July is one of the events in South Africa where celebs get to showcase their fashion. Most fans were thrilled that one of their favourite actors would be there this year. Announcing the great news that fans that he will be part of this year’s Durban July, Thembinkosi said. Learn More
