Petrol price September 2022

2022 - 8 - 29

Post cover — Image courtesy of "BusinessTech"

Good news for petrol and food prices in South Africa (BusinessTech)

Consumers are in for a reprieve in the coming months in South Africa as economic indicators point to food price inflation stabilising, while end-month data ...

The positive news is that in all three scenarios, food price inflation eases from current levels (10.1% in July). These cuts would put the petrol price at R23.13 per litre and diesel at R23.26 per litre. Headline inflation is forecast to moderate gradually off a high base in the coming months, ending the year at 6.7%,” it said. The rate of increase for food prices could also start to moderate in August, implying that the July figure may have signalled the peak in headline CPI,” the BER said. “We forecast headline inflation to average 6.7% over the whole of 2022. The group’s food basket was up marginally, by 0.6% month-on-month in August. Inflation is forecast to average around 5.2% in calendar 2023.” In the second scenario, where local grain prices moderate due to favourable conditions in international markets, local food price inflation eases to 5.5% for the year. In a more practical example, the BFAP said a household basket of nutritional food for a family of four would show inflation of between 4.9% and 7.4% for the best- and worst-case scenarios, respectively. According to the Bureau for Food and Agricultural Policy (BFAP), there are three different scenarios for food price inflation in South Africa. “On a more positive note, in August, the monthly CPI rate should decline on the back of the sharp fuel price decline at the start of the month. Consumers are in for a reprieve in the coming months in South Africa as economic indicators point to food price inflation stabilising, while end-month data from the Central Energy Fund shows a likely petrol price cut for September.

Good news, as another sizeable petrol price cut expected in ... (Citizen)

The decrease in the petrol price will bring some much-needed reprieve to motorists and cash strapped consumers.

“This means we could see another sizeable cut in fuel prices at the start of September. The current economic crisis propelled two of the biggest unions Cosatu and the South African Federation of Trade Unions (Saftu) to take to the streets last week, in various cities across South Africa to voice their concerns. “A cut of this magnitude would dampen headline inflationary pressures considerably and position the July inflation print of 7.8% as the peak for this current cycle.” This follows cuts of over R1.30 for petrol, R0.80 for diesel at the start of August.” [Energy Department](https://twitter.com/Energy_ZA) is expected to make the official announcement on the petrol price at the end of this week, Johannes Mokobane told The Citizen. There may be some good news at the petrol pumps for motorists – with reports that the petrol price may be decreased in September, according to the Central Energy Fund’s latest data.

Can you wait a week? September's petrol price will be SLASHED! (The South African)

Here we go! The pain at the pumps will be reduced great in September - but we'll be made to wait for our petrol price decrease.

“Despite a weaker rand and the end of a R0.75/litre reprieve on the general fuel levy, the easing in global oil prices has resulted in local petrol and diesel prices declining by R1.32/litre. At present, we expect retail petrol prices to decline at the start of September, by around R2.20/litre.” The odds are starting to balance in favour of the public. However, even with this slashed offering, fuel will still be about R3p/l more expensive than it was at the start of the year. The figures were confirmed by economic experts at That’s because the petrol price is adjusted on the first Wednesday of every month.

Petrol price drop still on track for September despite fluctuating oil ... (CapeTown ETC)

There's no denying that soaring petrol prices have been crippling South Africans, but with the price of petrol expected to drop, there may be a silver ...

Diesel and illuminating paraffin are expected to follow suit with a drop of around a rand. While South Africans had initially expected a price drop of around R2 for Diesel and R2.6o/litre for 95 unleaded, things appeared to take a different turn as oil prices continued to fluctuate. The latest statistics show that the price of 95 unleaded petrol is expected to dip by R2.28/ litre, while 93 petrol could fall to around R2.12/litre.

UAE set to announce fuel prices for September: Will rates go up or ... (Khaleej Times)

Retail prices were hiked in June and July as oil prices spiked but reduced in August.

For August, the government slashed fuel prices by 60 fils per litre. Retail fuel prices were hiked in June and July as oil prices spiked but reduced in August after global prices plunged due to the fear of global recession and slowdown in the Chinese economy. The UAE will announce retail fuel prices for the month of September either today or tomorrow as part of its policy announced in 2015 to deregulate prices to bring them in line with global rates.

Petrol price likely to go down for first half of September 2022 - Profit ... (Profit by Pakistan Today)

ISLAMABAD: The price of petrol is likely to go down in the range of Rs14 to 20 per litre while the price of High-Speed Diesel (HSD) may be jacked up between ...

They added that the government is likely to collect Rs60 billion in the month of September on account of PL and Rs31 billion under the head GST. They said if the government increases the PL and adjusts the arrears of exchange loss then there are less chances that the price of petrol would go down while the HSD price may witness substantial hike if the government imposes sales tax on the sale of diesel in the first fifteen days of September 2022. They added that the government has so far not adjusted the exchange loss which is at Rs23 per litre on petrol and Rs13 on diesel.

Fuel prices still on track for a cut next week - but margin is shrinking (Creamer Media's Engineering News)

According to the latest data from the Central Energy Fund, the price of 95 unleaded petrol is expected to fall by around R2.28 a litre in the first week of ...

[Energy](/topic/energy) Fund, the price of 95 unleaded petrol is expected to fall by around R2.28 a litre in the first week of September. Earlier this month, petrol looked set for a R2.60 cut next week, while diesel was also due for a decrease of more than R2. Diesel could be reduced by more than a rand a litre. It was trading at around R16.92 on Monday. [[email protected]](mailto:[email protected]) or [click here](https://store.creamermedia.co.za/products/magazine-online-hard-copy-south-africa-only) The fuel prices are usually adjusted on the first Wednesday of a month, and determined by the price of oil and the rand-dollar exchange rate.