The undersecretary of the MIEM, Walter Verri, admitted that a reduction in values is likely, according to Import Parity Prices.
The MIEM anticipates a new reduction in fuel prices.
Photo: Public Media
The price of the fuels would have a reduction in January 2024, as anticipated from the Ministry of Industry, Energy and Mining (MIEM), when echoing the lowering of the Petroleum on an international level.
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This was indicated by the undersecretary Walter Verri, who confirmed receipt of the monthly report of Import Parity Prices (PPI) that prepares the Energy and Water Services Regulatory Unit (Ursea) -which has not yet been publicly disclosed-, where he spoke of “a downward trend”, which could lead to the second consecutive setback after what was decided a month ago.


“He PPI “What we received yesterday in relation to the price of the previous month marks a downward trend,” he admitted. Verri in dialogue with Subrayado and pointed out: “We are in a world that is in permanent changes and in sensitive areas in terms of pricing. Petroleum, so it is difficult to predict very far.”
The leader highlighted the government’s actions regarding the value of the fuels. “We have never been above what the PPI”, He highlighted and added that “in most cases we have been below, which may be the trend in this case.”
During the last month, the government defined a reduction in the price of Super 95 gasoline which remained at 75.54 pesos, while the same thing happened with the Diesel 50S, that It is at 57.39 pesos per liter.
Verri projects rates below inflation
Besides, Verri highlighted “the enormous effort of public companies” and anticipated that, as already confirmed UTE and OSE, companies have in mind updates below the inflation.
“Beyond the enormous difficulties that the world has gone through and that our country was not exempt from consequences, we have always adjusted the fee under the CPI and in this case it will not be the exception,” anticipated the leader.
Source: Ambito