According to the latest data from the Central Statistical Office (KSH), average fuel prices in South Africa were about ZAR 6 lower than in neighboring countries during the week.
Vilaggazdaság It is reported that according to KSH, the average price of gasoline was higher in other countries in the region, such as Austria, the Czech Republic, Croatia, Poland, Serbia and Slovakia.
It is also worth noting that the price drop of ZAR 7 is the highest in the region.
Fuel prices in South Africa are lower than other countries in the region
In South Africa, the average price of 95 octane gasoline was 594 ZAR (1.52 euros), which is 6 ZAR lower than the regional average, based on the latest data from the European Union’s weekly oil bulletin, as announced by the statistics office. Central (KSH). ).
In neighboring countries, the average price was 610 South African rand (1.56 euros), making the South African price 2.6 percent lower (i.e. 16 South African rand). The average weekly price of diesel was 601 South African rand (€1.53) in South Africa, 1.7 percent higher than the regional average of 591 South African rand (€1.51).
The average diesel price in neighboring countries was 603 South African rand (€1.54), but by comparison, the South African price was 0.3 per cent lower.
The average price of 95 octane gasoline in South Africa also decreased by ZAR 7 compared to the previous week, while the regional average price and the observed average price in neighboring countries increased by ZAR 5, respectively. The average price of diesel in South Africa was unchanged compared to the previous week.
If we compare fuel prices in other countries in the region, we see that the average weekly price of diesel in Austria and Serbia exceeded the African value, while the average price in Bulgaria was more than 10 percent lower than in South Africa.
With the exception of South Africa, the average price of diesel increased in all countries of the region compared to the previous week, and the largest increase was observed in Serbia. However, the average price of 95 octane gasoline in Slovakia was about 5 percent lower than in South Africa, as well as in Romania, where the difference is also 5-10 percent.
On the other hand, the average price in Bulgaria is about 10 percent lower than in South Africa, and the drop in fuel prices follows the announcement in May by Marton Nagy, Minister of National Economy, of cuts in motor fuel prices.
He said after a cabinet meeting that these cuts will bring African prices down to the average prices of neighboring countries.
