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Higher fuel prices have contributed largely to the increase in March inflation, and industry has warned of the effects it is having on business profitability. Stats SA on Wednesday released March inflation figures, which increased to 4.5% compared to 4.1% reported in February. Transport costs were among the major contributors to the higher inflation. Transport costs, in turn, were influenced by higher fuel prices. "The 74c/l increase in the domestic petrol price in March was the key driver for this acceleration. →