Beware the negative impact of fuel price hike


THERE is no way we can greet a fuel price hike with a smile. So little of our lives is spared the painful impact of a rise in the prices of petrol and diesel.

A fuel hike is never just a fuel hike. Many of us immediately feel the pinch on our trips to the petrol station. But it is the indirect hit that hurts us the most. Inevitably, businessmen will impose their own price increases for the goods and services they offer, blaming this on higher fuel costs.

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