Price of petrol forecast to increase in April
Updated | By Nushera Soodyal
Petrol users might have to fork out more money to fill up in April.
The Automobile Association predicts the price of petrol to go up by 25 cents a litre.
It would be fresh from a steep R1.27 increase in March.
The association says it expects decreases of 20 cents and 68 cents in the cost of diesel and illuminating paraffin, respectively.
READ: Santaco, businesses must operate but be aware of shutdown - Malema
It based its prediction on unaudited mid-month fuel data from the Central Energy Fund.
The AA's Layton Beard says a weaker rand to US dollar exchange rate is contributing to the increase in the petrol price.
"The weaker rand to US dollar exchange rate is contributing to the increases in petrol and clawing back some of the decreases to diesel and illuminating paraffin, with lower international oil prices having the reverse impact.
"However, in the case of diesel and illuminating paraffin, the weaker rand is not resulting in increases."
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