A motorist pulls the fuel pump nozzle from their car at a petrol station in Egham on January 2, 2011. Motorists are having to pay record prices at the pumps after a Government fuel duty was added ahead of the VAT rise which will again rise the cost of fuel later the week. The Automobile Association estimates that the two increases will add around 3.5 pence to the cost of a litre of petrol and diesel. AFP PHOTO / ADRIAN DENNIS

Johannesburg - The retail price of petrol in South Africa will jump by nearly 7 percent (81c) a litre next Wednesday, while the wholesale diesel price will increase by 5 percent (58.3c/l), the energy department said on Friday.

The wholesale price of illuminating paraffin would go up by 57 cents a litre, and the Single Maximum National Retail Price (SMNRP) would rise by 76 cents a litre.

The maximum retail price for LP gas would go up by R1.18 a kilogram.

The department said that during the period under review the average international product prices of petrol, diesel, and illuminating paraffin had increased.

The average rand/US dollar exchange rate had weakened when compared to the previous period, and this had increased the contribution to the basic fuels price on petrol, diesel, and illuminating paraffin. - Reuters, Sapa