ads…petrol prices record biggest increase this century as transport costs surge
South Africa’s inflation climbed to a 20-month high in April as the Iran conflict pushed fuel and transport costs higher across Africa’s most industrialised economy, with petrol prices recording their biggest increase this century.
According to data released Wednesday by Statistics South Africa, consumer prices rose to four percent year-on-year from 3.1 percent in March. It marked the highest inflation reading since August 2024, when headline inflation stood at 4.4 percent.
On a monthly basis, the consumer price index rose 1.1 percent.
“Consumers were dealt a painful fuel price blow in April. The index for fuel rose by 18.2 percent from March, the steepest monthly increase since the current CPI series began in 2008,” the statistics agency said in its inflation report.adsads
