Super gasoline is 30% more expensive in Uruguay, while the difference reaches 61% in the case of diesel.
The sales of fuels on the coast have improved by 80% in recent months, due to the reduction in price gap between Argentina and Uruguay, that occurred after the inauguration of the president Javier Milei in the neighboring country.
This situation is part of the lesser crossing of Uruguayans due to the shrinking of the exchange difference and, according to the Border Price Indicator of the UCU Jump, the super gasoline or costs 30% more on the other side of the shore, taking into account the discount of the Imesi of 40%. Meanwhile, the gap in the case of gasoil reaches 61%.
When evaluating the trajectories of the price difference in both countries, a notable decrease is seen between the current level and the one before Milei took office, which reached 193.4% in the case of gasoline in September of the year. last and reached 290.2% in terms of diesel in November 2023.
grafbre.jpg
Gasoline went from a ratio of 5 to 1 to a difference of $10 per liter
The economics consultant and businessman of Salto, Luis Muguerza, who assured Informativo Uruguay that “the gap that until a few months ago marked a ratio of 5 to 1 was reduced to 10 pesos per liter,” after the increases in rates in Argentina.
The thing is that, with the updates on the other side, gasoline went from 15 to 36 Uruguayan pesos, while, applying the discount of the Imesi, It reaches about 46 pesos on Uruguayan soil.
When assessing the “noticeably smaller” differential, Muguerza analyzed that “which removes the incentive for many people to cross the river with the purpose of filling the tank” and admitted: “There are still people who continue going to Concordia or Columbus, but much less than before.”
Meanwhile, the president of the Soriano Shopping Center, Gustavo Filipini, He confided to Subrayado that “the difference already means that the Uruguayan does not go to Argentina as much”, confirming “the difference that existed before of 5 to 1”.
However, Filipini insisted that the government headed by the president Luis Lacalle Pou give a discount to border service stations to improve service competitiveness.
Source: Ambito
