South African petrol prices will increase by 17 cents, or 2,3%, to R7,64 a litre for all grades next Wednesday, the government said on Friday.
A statement from the Department of Minerals and Energy said the wholesale price of diesel would go up by 7 cents to R7,32.
High fuel and food prices have been the main driver for consumer inflation, which accelerated to 8,6% year-on-year in December from November’s 7,9%, according to official data this week. — Reuters