Latest diesel price hike raises concerns of knock-on effect on inflation

The original article can be found here.

Article highlights:

  • The Energy Department’s Robert Maake said that the significant increases in the prices of diesel and illuminating paraffin would have a substantial impact on the cost of living in South Africa.
  • Fuel prices have been rising dramatically over the past few months and the slight decrease in the petrol price is little relief.
  • Germany has become the latest country to suggest stricter sanctions on Russian oil and gas.