The wholesale price of diesel has declined by 79 cents and the cost of diesel with lower sulphur has dropped by R1.05.He says, “The fact that the rand has strengthened has enabled inflation rate pressures to come down and we have seen as a result this fourth consecutive month of big fuel price cuts.
The prognosis now is that the inflation rate may well fall to below 4% in the next couple of months and that will pave the way for the Reserve Bank to cut interest rates for at least half a percent before the end of the year. It will be the first cuts in interest rates in a year and a half.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
'Springboks-All Blacks clash celebrates rugby’s greatest rivalry' - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The match will also be broadcast live on SABC 2, SABC Sports channel and streaming platforms.
Lire la suite »
Free State MEC to visit Sasolburg fire site - SABC News - Breaking news, special reports, world, business,The exact cause of the blaze is still being investigated.
Lire la suite »