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Debt warning: Don’t be fooled by petrol price relief

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Cape Town – While motorists can expect a further drop of 60 cents in the petrol price next month, the country is still in a technical recession and the price could increase in months ahead, warned a debt expert.

The Automobile Association (AA) expects a petrol price decline of between 60c and 64c a litre in July, with diesel showing a 60c reduction and illuminating paraffin a 57c drop.

This follows a 25c drop in the petrol price and a 23c drop in the diesel price in June.

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