YPF will increase the price of its fuel next week

YPF will increase the price of its fuel next week

He increase will reach 1.75% on average throughout the countrywhich represents the smallest increase in the last 12 months. lGasoline prices increased by 256% between November 2023 and December 2024: the liter of Super went from $311 to $1,108 in the city of Buenos Aires.

According to a December report from the consulting firm Politikon Chacogasoline and diesel sales last month reached 1,472,085 cubic meters, an interannual drop of 10.5% and a slight monthly increase of 0.6%. In the breakdown by type of fuel, 56% of the total sold corresponded to gasoline, which registered a decrease of 6% compared to November 2023. Within this category, Super gasoline fell 3.3%, while premium gasoline showed a more pronounced decrease of 13%.

Diesel, which represents 44% of total dispatch, suffered a year-on-year drop of 15.6%, with declines of 20% in common diesel and 6.3% in premium. In monthly terms, the diesel achieved a recovery of 1.7%, while gasoline sales fell 0.4%.

Government authorized increases in electricity and gas rates starting in January

Starting in January, electricity rates will increase by 1.6% and gas rates by 1.85%-both settings will be located below expected inflation-. This month, the Government had already authorized increases in the wholesale prices of electricity and gas of around 2% and 2.5% respectively.

The update includes the values ​​corresponding to various categories and subcategories, including the Own Distribution Cost (CPD), the Cost of Energy Supplied in Bad Conditions (CESMC) and the Cost of Energy Not Supplied (CENS). These increases will modify the rate tables of the service provider companies; among them Edenor, Edesur, Distrocuyo SA, Transpa SA, Epen, Trasnoa, Transcomahue, Transnea, Transba and Transener.

It is worth remembering that Subsidized consumption has a limit: In the case of level 3 users (those with medium income), if consumption exceeds 250 Kwh/month, they will pay the full rate for the excess, while level 2 users (low income) have a limit of 350 Kwh/month.

Although the Government has been carrying out a process of regularizing the tariff schedules, to date it is still 9.5 million electricity users are subsidized out of a total of 16 million. In the case of gas, The subsidized ones reach 5.3 million users out of a total of 9.5 million.

Source: Ambito

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