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Fuel prices to go up between 5% and 10% – IES

Consumers of petroleum products should expect fuel prices to go up between 5% and 10% at the various pumps across the country from September 2022.

According to the institute for Energy Security, IES, this will add close to 70 pesewas to the current price.

Currently, a litre of petrol is going for about GHS11 on average and GHS13 on the average for diesel.

The institute attributes the rise to the sharp depreciation of the Ghana Cedi against the US Dollar at over 10%.

It is thus advising consumers to plan accordingly to the expected price hikes in the coming days.

Story by Matilda Youpele

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