OFM Business Hour - How the fuel price affects CPI

Loading player...
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

Other recent episodes

Capitec Bank soars high with 23% increase in headline earnings

Capitec Bank has reported a strong performance, with headline earnings climbing 23% to R16.8 billion for the financial year ending February 2026. The growth was largely driven by double-digit gains in interest income, supported by improved interest rates in 2025. Group CEO Graham Lee remains optimistic the bank can sustain…
23 Apr 6AM 4 min

Standard Bank fosters partnerships in fight against FMD, gears up for Nampo

Brendan Jacobs, Head of Agribusiness at Standard Bank Business and Commercial Banking South Africa, unpacks the bank’s partnerships with Clover and the Milk Producers’ Organisation in tackling foot-and-mouth disease. He also shares what to expect from their presence at Grain SA’s upcoming Nampo trade show, with a strong focus on…
15 Apr 6AM 6 min