Fuel prices for August are set for changes with petrol up and diesel down.
According to the latest figures, the Automobile Association forecasts that petrol will increase by about 12 cents a litre, and diesel will be down by 16 cents with Illuminating paraffin going down by eight cents a litre.
The decrease in diesel is quite significant because when the price of diesel goes up then the input costs from the manufacturing and agricultural sector go up and they are passed on to consumers and with the cost of petrol going up, it will knock consumers in their immediate short term.-Layton Beard, Spokeserson – Automobile Association
With European and other first world countries phasing the use of diesel out, due to its high carbon footprint, South Africa is once again, lagging behind. – Ed