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OFM Business Hour - How the fuel price affects CPI

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From midnight, both grades of petrol will go up by 5 cents per litre, while diesel would cost motorists 45 cents more. Illuminating paraffin will go up by 52 cents; this is significantly lower than the increase we saw last month. Spokesperson for the Automobile Association; Layton Beard, discusses why this is the case and also explains exactly what the Consumer Price Index is and how the fuel price affects it.

4 Aug 2020 1PM English South Africa Business · Daily News

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