Infographic: The Petrol Price

DirectAxis has created this interesting infographic on the SA petrol price. What they under emphasize is the huge impact that the weakening rand has on the fuel price (and all other prices) over time. The weakening of the rand and the US dollar together are the most important reason for the long-term trend of rising fuel prices. If your salary is not rising faster than the petrol price, it means you are far removed from the central bank’s printing press.

CLICK ON THE IMAGE TO SEE THE FULL INFOGRAPHIC

ThePetrolPrice