The Automobile Association (AA) has warned that the fuel price is likely to increase substantially on the back of stronger international fuel prices and a slow weakening of the Rand.

"The Rand has (recently) shown reasonable strength against the US dollar," the AA said in responseto unaudited mid-month fuel price data issued by the Central Energy Fund (CEF)."However, this is not enough to counter rampant increases in the international prices of fuels, which have risen by up to 6% in the past two weeks."

The current data predicts a month-end price hike of up to 35 cents a litre for petrol, 33 cents for diesel, and 29 cents for illuminating paraffin.

"Without the benefit of Rand strength, the increase per litre would have been up to 50 cents in some cases," the Association concluded."We are now seeing what we believe is the beginning of some Rand weakness… the current picture may deteriorate by month-end."

Related Content

Top 10 Most Fuel Efficient Budget Friendly Cars (2016)

Top 10 Most Fuel Efficient Cars in SA (2016)

Most Fuel Efficient SUVs in SA (2016)

5 Most Fuel-Efficient Double-Cab Bakkies in SA (2016)

10 Ways To Save Fuel

Needa new or used car?

Find a new or used car on Cars.co.za