The yr acquired off to a superb begin with a drop within the worth of oil (which suggests decrease costs for petrol and diesel).
As of January 4th, the worth of petrol has dropped under what commuters had been paying again in February 2022 (earlier than the Russian Invasion of Ukraine) for the primary time.
Petrol dropped by R2.06/ Litre
Diesel dropped by round R2.69/Litre
A pending world recession appears to be on the cardboard which can put different pressures on shoppers however at first the upside is a reducing within the worth of Brent crude oil.
As that is taking place nonetheless, the US Greenback has made some positive aspects vs the Rand and which will affect what occurs with costs in February.