The Automobile Association (AA) says South African motorists can expect a petrol price increase of between 31 and 35 cents a litre in April.<\/p>\n
This, it said,\u00a0will be on\u00a0top of the 30 cents a litre increase in the fuel levy which also becomes effective from April.<\/p>\n
The AA, commenting on unaudited mid-month data released by the Central Energy Fund (CEF), said sustained gains in international petroleum prices were the biggest factor affecting the predicted hikes.<\/p>\n
“The current picture is of a price increase ranging from 31 to 35 cents a litre for petrol, 60 cents for diesel and 52 cents for illuminating paraffin,” the association said.<\/p>\n
Read: Here is the expected petrol price for April 2016<\/a><\/strong><\/p>\n “Although the average Rand\/US dollar exchange rate has continued to retreat since the beginning of the month, this positive factor has been overcome by the renewed uptick in oil prices,” the AA said.<\/p>\n The next fuel price increase will also include the 30 cents a litre hike in the fuel levy announced by Finance Minister Pravin Gordhan in his February budget.<\/p>\n “Combined with the fuel levy increase, the predicted increase of 60 cents a litre for diesel, could mean a price increase of nearly a rand a litre for diesel users,” the AA said.<\/p>\n It follows an interest rate hike announced by the SA Reserve Bank on Thursday, with the AA warning that motorists’ budgets are likely to come under renewed pressure next month.<\/p>\n South Africa\u2019s petrol price explained in one infographic<\/a><\/strong><\/p>\n South Africa\u2019s petrol price vs the world<\/a><\/strong><\/p>\n How the new fuel levy will hit South Africa\u2019s petrol price<\/a><\/strong><\/p>\nMore on petrol<\/h3>\n