“The idea is to reach a price agreement for four months with the main fuel operators in the country, to add it to the Fair Prices program”they stated.
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The Central Bank of Uruguay is analyzing the implementation of alternative payment platforms to reduce the cost of card fees.
fuel targets
They intend to achieve a price agreement Facing the summer break because of the expectation that there is in front of the internal tourist movement next summerafter a 2022 that showed record results.
At the beginning of the month, companies YPF and Shell they increased the price of fuel by an average of 6% in gasoline and diesel. The increase had a lower incidence in gasoline, which averaged more than 5%, while diesel increased more than 7%.
This disparity is due to the fact that the import cost and the price in local supplierjust like him imported volume to complete the local supplyare higher for diesel than for gasoline.
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price increases
The adjustment in the City of Buenos Aires was 5.9% in gasoline and 7.9% in dieselslightly higher than the average adjustment, in order to reduce the price gaps between the Capital and the Interior of the country, especially with the NOA provinces, which rose 1% less than in the Buenos Aires territory.
In the last 12 months, the accumulated price adjustment of gasoline was approximately 52% and that of diesel was 74% (62% on average).
The increase was driven by the start of the staggered increase in taxes on liquid fuels (ICL) and Carbon Dioxide (IDC), after their update had been postponed seven times by the current Government.
Source: Ambito

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