SciELO - Scientific Electronic Library Online

vol.28 issue1Use of artificial roughness to enhance heat transfer in solar air heaters - a review author indexsubject indexarticles search
Home Pagealphabetic serial listing  

Services on Demand



Related links

  • On index processCited by Google
  • On index processSimilars in Google


Journal of Energy in Southern Africa

On-line version ISSN 2413-3051
Print version ISSN 1021-447X


RANGASAMY, Logan. The impact of petrol price movements on South African inflation. J. energy South. Afr. [online]. 2017, vol.28, n.1, pp.120-132. ISSN 2413-3051.

This paper analyses the impact of petrol price movements on inflation outcomes in South Africa since the mid-1970s. The results show that, over time, the direct contribution of petrol inflation to headline inflation has not only increased, but has also exceeded its weight in the consumer price index. In addition, Granger causality tests and the autoregressive distributed lag approach to co-integration testing reveal that petrol prices have an important bearing on the prices of other (non-petrol) commodities in the economy. The results essentially show that petrol price increases had an important bearing on inflation outcomes in South Africa. This implies that petrol price movements warrant special attention in policy formulation and implementation in South Africa if inflation outcomes were to be kept in check.

Keywords : commodity prices; energy prices; inflation; core inflation.

        · text in English     · English ( pdf )


Creative Commons License All the contents of this journal, except where otherwise noted, is licensed under a Creative Commons Attribution License