Shock over petrol price increase

Florentia Roman
01 September 2012

In a shock announcement for motorists and consumers, the Energy Department has announced that the price of all grades of petrol will shoot up by 93 cents a litre.

The increase is set to go up on Wednesday.

Merina Willemse, economist at Efficient Group says the almost one rand per litre increase in petrol prices will be a small adjustment to consumers budgets now.

The diesel price will go up by 69-cents a litre.