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How fuel spikes impact the price of bread | SA News

Fuel prices have skyrocketed this week, with petrol hitting a two-year high and diesel breaking all previous records.

This is likely to impact the price of many staple foods, including bread, in the coming weeks and months.

The fuel price hikes will substantially increase production prices for farmers. The price of diesel, which accounts for between 12% and 18% of the average farmer’s costs, has jumped from R17.93 per litre to R25.03 per litre (wholesale price).

Read:
SA fuel surcharges and supply struggles
The fuel price challenge

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