Increase in fuel prices on the cards in February

Increase in fuel prices on the cards in February

The prices of petrol and diesel might go up next month, according to data shared by the Automobile Association.

Petrol pump prices
Erik Mclean/AFP

The AA says, based on unaudited data from the Central Energy Fund, all fuel grades might cost a little more. 


The exception will be illuminating paraffin.

 

Consumers can expect a slight increase of between R0.11 and R0.14 a litre for petrol.

 

Diesel could go up by R0.09 cents a litre.

ALSO READ: January fuel price drop brings relief to many

 

The cost of illuminating paraffin shows a slight drop of around R0.03 cents a litre.

 

The AA says the weaker rand to US dollar exchange rate is contributing to most of the expected increases in fuel.

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