JOHANNESBURG - Consumers might have to fork out a little more at the tills in the first three months of this year, as the fuel price is expected to continue pushing up headline Consumer Price Index inflation. Statistics South Africa reported yesterday that the CPI edged higher to 4percent year-on-year in December from a low of 3.6percent in November.The hike was in line with market expectations.
In December, the price of 95 octane unleaded petrol rose by 22cents a litre, while that of diesel dropped by about 15c a litre. In January, petrol dropped 14c a litre.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Eskom to blame for mining, retail retrenchments, says union | IOL Business ReportTrade union UASA said on Tuesday that increased retrenchments were because of the energy instability plaguing South Africa. Am yet to hear of a union blaming itself for any retrenchments
Source: IOL - 🏆 46. / 51 Read more »
MTN launches TikTok data bundles for prepaid customers | IOL Business ReportMTN has launched customised MTN TikTok data bundles to grow the number of TikTok users in South Africa. busrep busrep Where are we in terms of hiking data prices. We are still waiting. busrep There you go MarthaPuth, just for you 😂 busrep When are they reducing data Price's as they were told?
Source: IOL - 🏆 46. / 51 Read more »
New low-cost iPhone to enter mass production in February | IOL Business ReportThis will be the first lower-cost iPhone model since the iPhone SE. It will look similar to the iPhone 8 from 2017 and include a 4.7-inch screen. busrep
Source: IOL - 🏆 46. / 51 Read more »
SAA’s business rescue efforts are being sabotaged deliberately, says Numsa and Sacca | IOL NewsNumsa and Sacca, the cabin crew association, wag the finger at Ministers Tito Mboweni and Pravin Gordhan as 10 000 jobs said ... What’s new Numsa_Media are always able to raise the cash themselves if they think the others cannot...What do they think this is Some free for all SAA is finished Numsa No Numsa and Sacca - we are all tired of the big black hole that is flysaa - billions of rand’s worth of bailouts every year. With no positive results. No one is buying the sob story any more. Too many fingers have been burnt. It’s enough! ENOUGH!
Source: IOL - 🏆 46. / 51 Read more »