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Fuel prices and inflation

Fuel prices are shocking many in South Africa.  It makes it much harder to live and it is not something that the average person budgets for.  What is important to understand though is that this is a global phenomenon.  It is not just in South Africa. In fact, fuel prices in the United States as well as in Europe have roughly doubled in the last one and a half years, largely as a result of oil prices going up.  Fuel prices are certainly not helped either by Russia’s invasion of Ukraine, which further pushed up global prices.  It does not give too much extra comfort to know that everyone is having the same problem, but it is important to know that this problem is not isolated to South Africa at all!

Posted by Michael de Broglio on Tuesday 07-Jun-22 Share on Facebook   Tweet It

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Comments

Daniella  said:
on Monday 29-Aug-22 02:05 PM
Fuel prices and inflation definitely hit harder in a developing country. Inflation has now hit 7.8%

Masilo Patrick Sedutla  said:
on Friday 29-Jul-22 03:48 PM
The motor industry has been too comfortable to move away from Petrol cars. the signs of this commodity not ben sustainable has been there for many years. Petrol and water and hunger are the three biggest things that will bring about a third world war.

Danielle  said:
on Tuesday 28-Jun-22 10:08 AM
This is such a depressing topic because may people is struggling due to increase in fuel prices & food prices. People can now only manage to buy the very basic things. One can only pray for things to change and get better.


Roxanne  said:
on Monday 27-Jun-22 03:26 PM
The fuel price is just crazy and unjustifiable. The Government will do anything to put extra in their pocket and watch their country fall

Sinead  said:
on Monday 27-Jun-22 09:35 AM
I get that everyone is affected by this, but in SA the government will use any excuse to push the prices up even more than they need to be. We are in for more fuel increases though. Apparently reaching around R30 a litre by August 2022.

Minimum wage (per hour) in South Africa is less that 1 litre of petrol at the moment. I don't think Europe and the States have this problem.

Melissa  said:
on Thursday 23-Jun-22 09:00 AM
This is a never ending story. Things are just getting worse by the day. I don't know how we will survive in lets say 10-15 years. This is absolutely ridiculous

Brenda  said:
on Wednesday 15-Jun-22 03:37 PM
This is an very bad topic, Fuel prices is ridiculous i know we are not the only country with High fuel prices but we cannot keep up anymore we really hope for some relieve sooner

Jessica  said:
on Tuesday 14-Jun-22 04:09 PM
Yes but in South Africa they like to always put things up all the damn time. It is annoying. Then they strike it comes down for like 2 or 3 months. Then it's back at square one.

Helen  said:
on Wednesday 08-Jun-22 02:52 PM
This is very true that this topic is not one of the positive topics to talk about.
Hike of fuel prices, rise in food prices and increase of prime interest rate takes us more in the deeper debt and struggle to survive.
Only one positive point leaving in South Africa right now that we do not have declared martial law like in Ukraine and civilian buildings does not get destroyed.
Let's all hope that soon this war can end and we might go back to prices we used to.


Lucretia  said:
on Wednesday 08-Jun-22 08:28 AM
We do understand that the petrol problem is a global problem, the difference between us and the rest of the world is, our government will continue to hike everything else, electricity, rates and taxes, food, etc and offer LESS services. One is literally working just to survive, not much fun in that.....

Ashleigh  said:
on Wednesday 08-Jun-22 07:50 AM
I am definitely feeling more poor every year that passes. I feel like it is just going to get worse the rate things are going. Prices are on the increase at such a rapid speed. I call it daylight robbery and what can we do about it, Nothing.

Franzelle  said:
on Wednesday 08-Jun-22 07:44 AM
This is actually a really negative topic. We only get poorer by the day. Every month you struggle to just get trough the month

shona  said:
on Wednesday 08-Jun-22 07:26 AM
the more food and fuel prices increase the more the people stave, such a sad reality

Henrietta  said:
on Tuesday 07-Jun-22 03:08 PM
I really don't know how we do it, but everyday we stand up and continue while the prices of fuel and food is killing us. Its actually a really negative topic. We can go on an on about how this prices are ridiculous but it won't stop or go down, once they see that we have no choice but to pay it just goes up from there. I am really hoping for some relieve sooner rather than later because I can't see how we going to survive if it continues like this. The war also has contributed to a lot of thing and I find it so unnecessary.

Alexis  said:
on Tuesday 07-Jun-22 02:41 PM
Fuel, inflation, the cost of food, absolutely everything has gone up. It is difficult to say the least and one must do their utmost to even try and cut down where they can. It is not easy though...

Victoria Dougans  said:
on Tuesday 07-Jun-22 02:10 PM
It is absolutely ridiculous how everything all over the world has become more and more expensive. Everyday living expenses are rising and soon all these increases are going to be to much for people to afford, most people can't afford the increases as they are now. Everyone is struggling in some way or another. The world is going to become more depressed then it already is. I am wishing for easier times for everyone.

Angelique Jurgens  said:
on Tuesday 07-Jun-22 10:33 AM
Everyone all over the world is complaining. There is a huge difference when I fill up my tank. We really all just need to tighten our belts and try cut down on anything that is not a necessity. I wonder how long they will be able to maintain a reduced fuel levy because government is constantly reminding us that they cannot afford to keep extending these fuel price interventions.

Chante  said:
on Tuesday 07-Jun-22 10:32 AM
The increase of fuel prices as well as the cost of living is ridiculous, it is hard to keep your head above water and actually make it through a month comfortably. All we can do is hope that the economical situation improves.

Zandelee  said:
on Tuesday 07-Jun-22 10:29 AM
These fuel price hikes are also definitely going to start affecting small businesses, small businesses rely on providing affordable services to its consumers but now consumers,due to the increase in daily living expenses, are also cutting back on their lifestyles.

Sarah  said:
on Tuesday 07-Jun-22 09:45 AM
I really don't know how people are going to survive and we must just prayer that the war between Russia and Ukraine ends soon, the price of cooking oil is even ridiculous now. Bread everything is going to go up even more.

Clare  said:
on Tuesday 07-Jun-22 09:08 AM
It is ridiculous, the fuel price is crazy. I use R600.00 that used to last me a whole week, now R700.00 just just makes it for my and my traveling buddies to get to work and home each day. The prices of everything is going up and its crazy. I don't know how the people that don't have jobs are doing it.

Melissa van Tellingen   said:
on Tuesday 07-Jun-22 08:43 AM
The increase in fuel prices has made life difficult for many and alongside all of that the increase in food prices also causes many families to struggle to come by. I do hope that some relief comes soon as many families are struggling to keep their heads above water at the moment.

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Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!
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