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AA predicts petrol price hike & diesel price drop for August

According to the latest figures, the AA forecast that the price of petrol would increase by about 12 cents a litre, and diesel costs would be down by 16 cents per litre.

Picture: EWN.

JOHANNESBURG - Fuel prices for August are set for changes, with predictions that the petrol price would go up and the diesel price would come down.

According to the latest figures, the Automobile Association (AA) forecast that the petrol price would increase by about 12 cents a litre, and diesel costs would be down by 16 cents, with illuminating paraffin prices going down by eight cents a litre.

CapeTalk's Pippa Hudson spoke to AA spokesperson Layton Beard on the changes.

"The decrease in diesel is quite significant because when the price of diesel goes up, then the input costs from the manufacturing and agricultural sector go up and they are passed on to consumers.

Listen to the audio below for more.

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