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Consumers expect a "shock" with the third rise in gasoline prices expected in May – AA



Unsurprisingly high fuel prices at the international level have increased the likelihood of undesirable increases in fuel prices in May, the Automotive Association warned on Monday.

He commented on unrecognized fuel price data published by the Central Energy Fund (CEF).

According to AA, current data suggests that at the end of April gasoline could increase by 56 cents per liter, while the price of diesel could drop by five cents and lighten paraffin for cents.

If this increase materializes, this will be the third consecutive increase this year.

"The international diesel price slightly increased in the first half of April, while gasoline jumped considerably," said AA statement.
AA said the rand strengthened strongly against the US dollar since the end of March. The daily rate used for the calculation of fuel prices increased over from R14.60 / $ 31 March to below R14 / $ currently.

"The country that got rand has mitigated part of the blow, while diesel currently shows a slight decline, but gas users are in shock," AA said.

"The price stability in paraffin lighting is welcome when South Africa enters its own winter, during which many households will use paraffin as a heating fuel.


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