Feeling the pinch

While you and I prepare for a massive fuel price increase the question we’re all facing is 'what sort of knock-on effect will it have on our cost of living?’

The Automobile Association has predicted a petrol price hike of around R1.00 per litre while it says the cost of diesel and paraffin will rise even more.

Economist Hugo Pienaar predicts that the proposed fuel prices will influence inflation.

(PHOTO: Flickr)