Data from the Central Energy Fund show that in June 2022 motorists are expected to further increase fuel prices.

Motorists need to tighten their belts again, as the Central Energy Fund (CEF) predicts further increases in gasoline and diesel prices in June 2022.

Gasoline is expected to grow by 1.93-1.97 R per liter, diesel by 1.60 to R1.62 per liter, and lightening paraffin by a whopping R2. 14 liters.

Despite easing the government’s 1.50 rupees GFL (Total Fuel Collection) to try to get rid of the increases, it hasn’t helped much and this easing ends this month.

“In late March, the government lowered the GFL by 1.50 R for April and May, bringing temporary relief to consumers. The big question now is how the government plans to combat rising fuel prices from June, especially given that base prices are projected to rise significantly in June. Based on current, unverified data from CEF Petrol, ”AA notes.

“The two main factors influencing local fuel prices are the R / USD exchange rate and international oil prices. The rand is currently trading weaker against the dollar, and oil prices are also still high. Given this, the forecast of fuel prices in June does not look positive, “- says AA.

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