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SA petrol price down, diesel up from 5 October
![Source: Reuters/Siphiwe Sibeko](https://biz-file.com/c/2210/672576-700x364.jpg?1)
Fuel prices are adjusted monthly due to factors including global oil prices and the rand exchange rate.
The Ukraine war and its knock-on effects sent oil prices soaring earlier this year, driving South African fuel prices higher and sending inflation to a 13-year peak of 7.8% in July.
But global oil prices have eased in recent months, helping domestic inflation to fall slightly to 7.6% in August.
Despite that decline, South Africa's central bank delivered another 75 basis point interest rate hike in September as it tries to bring inflation back within its 3% to 6% target range, citing oil prices among potential risks.
Source: Reuters
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Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.
Go to: https://www.reuters.com/About Anait Miridzhanian
Reporting by Anait Miridzhanian; Editing by James Macharia Chege![](/res/img/s.gif)