Press release automobile association of south africa prn44 – 28 July 2017

Fuel prices are on their way up again. This is according to the Automobile Association, which says unaudited month-end fuel price data released by the Central Energy Fund (CEF) confirms the mid-month picture.

"The increases we expect at the end of July have mainly been driven by the weaker Rand / US dollar exchange rate," the AA says.
"The Rand accounted for about two-thirds of the hike, with a slight uptick in international fuel prices contributing the remainder."

We expect petrol to increase by around 20 cents a litre, but diesel is predicted to go up by nearly 31 cents, with illuminating paraffin showing a 27 cent hike.

"While the Rand continues its volatile trend, international fuel prices have surged strongly in the past ten days. If this upwards movement continues into August, fuel users can expect further bad news," the AA concludes.
ENDS

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About The Automobile Association of South Africa

The Automobile Association (AA) has been the trusted champion of the South African motorist and traveller for over 85 years. Along with our AA Accredited Sales Agent stores located countrywide, the AA offers access to over 50 benefits on 1 card as well as other travel and mobility services that extend far beyond 24-hour roadside assistance - from technical and legal advice, to emergency rescue services, roadside security and a mobile app suite. The AA offers specialised apprenticeships to help motor industry players build in-house skill, and short skill courses for individuals.
For more information please visit www.aa.co.za or aasa.mobi, or contact:

Automobile Association of South Africa (AA)

AA Public Affairs

011 799 1126 or 083 386 6954