Fuels: the average price of gasoline and diesel will rise again by 2.5% starting Monday

Fuels: the average price of gasoline and diesel will rise again by 2.5% starting Monday

August 29, 2024 – 18:32

The government will once again postpone the entry into force of most taxes. With this new monthly adjustment, all types of fuel will cost more than $1,000 per liter.

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The national government will once again postpone the entry into force of most of the taxes on fuels and Gasoline and diesel prices will increase by an average of 2.5% across the countryWith this new monthly adjustment, all versions of fuels will be worth more than $1,000 per liter.

As he was able to corroborate Scope According to business and government sources, the increase starting next Monday at service stations will be between 2.5% and up to 3%.

The main reason for this increase is the monthly devaluation (crowling peg) of 2% that the Executive Branch allows every month on the peso.

The main barrier to the increase does not exceed 15% in one go is that the same economic team of Javier Milei decided not to apply the update corresponding to September Taxes on Liquid Fuels (ICL) and Carbon Dioxide (IDC). In this way, the Energy Secretariat will enable the adjustment equivalent to only 1% increase at the pumps.

With an average increase of 2.5%, the liter of super gasoline YPF In the city of Buenos Aires -which is used as a reference in the market- it will go from $992 to $1,016a four-digit value that was not reached 32 years ago.

Source: Ambito

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