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‘Motorists can expect several petrol hikes this year’

The Automobile Association is predicting a 12 cents a litre petrol price increase this month.

Picture: EWN.

CAPE TOWN - An economist says consumers can expect several petrol price hikes this year, if the rand does not continue to strengthen.

The Automobile Association is predicting a 12 cents a litre petrol price increase this month.

But diesel could drop by around three or four cents a litre.

Economist Dawie Roodt says, "The only thing that will save us from a further increase in the petrol price soon will be a strengthening currency and fortunately for us the rand hasn't been doing too badly.

"But I'm afraid this is only temporary and over time I think we have to get used to the fact that petrol prices are going to be much higher that what it is at the moment."