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.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
स्रोत: SABC News Online - 🏆 32. / 51 और पढो »
स्रोत: SABCNews - 🏆 37. / 51 और पढो »