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FNB economist says fuel price cuts could slow inflation and boost consumer confidence [SOUND]

# FNB economists say petrol and diesel price cuts could help slow inflation and boost consumer confidence. From today, 93-octane and 95-octane petrol will drop by 51 cents-per litre, while diesel prices will fall by 19- to 21-cents per litre. The bank’s economist, Paul Makube, says lower fuel costs ease transport and production expenses, giving households more disposable income and supporting businesses, including agriculture and logistics:

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