Brent crude is falling. Your petrol price isn't. Here's why.
South Africa’s inflation eased to 4.3% in July, but higher oil and fuel prices could slow further progress ahead of the Reserve Bank’s September interest-rate decision.
The rand strengthened, inflation eased and the food basket fell in August, but higher fuel costs and weak salary growth may limit household relief.
Statistics South Africa reported a decrease in Consumer Price Inflation for July, yet consumers continue to face rising costs, particularly in fuel and essential goods.