OFM Business
How the fuel price affects CPI─── 19:59 Tue, 04 Aug 2020
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.
How the fuel price affects CPI:
