YPF announced the new prices of the fuels starting Friday, November 1 in the city of Buenos Aires.
As far as he could know Energy Report, starting at zero hours a 2.75% “base linear increase” for the entire country and all products, seeking to partially compensate for the effects of the projected October devaluation (of 2%) and the update of Taxes on Liquid Fuels and Carbon Dioxide, which had an average additional 1% tax.
However, the flag oil company applied greater increases to 2.75% in the Patagonia region to “close the gap” with the rest of the country. In fact, There are provinces where increases of between 4% and 6% were recorded.
The initially expected average increase was going to be greater due to an impact of the rise in biofuelswhich could add up to 2% more. However, sources of YPF indicated that it was decided to cut the rise to get closer to the “import parity”, and not be above.
This is how fuel prices have been in CABA since November
These are the new average values at the pumps of YPF gasoline and diesel at CABA service stations, which are used as a reference for the local market.
- Super Gasoline: $1,077
- Infinia gasoline: $1,332
- Diesel 500: $1,092
- Infinia Diesel: $1,343
Fuel sales fall: 10 consecutive months down
As revealed Scope, in september Fuel sales to the public throughout the country fell 11.8% year-on-year and adds 10 consecutive months of decline.
The economic contraction and the decrease in border sales managed to record ten consecutive months of decline in fuel consumption.
The consulting firm Politikon Chaco warns that, during last month, 1,313,875 cubic meters were sold, including gasoline and diesel. This is a year-on-year decrease of 11.8%.
An aggravating factor: the data indicates second consecutive month an acceleration of the rate of fall (July -5.2% and August -9.2%). Furthermore, compared to the month of August, sales also showed a decline of -7.1%.
Project to equate fuel prices throughout the country
A group of senators from the Radical Civic Union This Tuesday he presented a project for equalize the price of fuel throughout the country, in order to reduce “regional inequalities.”
The project consists of seven articles, which ask that the public sale price of liquid fuels is “uniform” in the country.
Furthermore, it is fixed to the Secretary of Energy of the Nation as the insurer of the “uniformity of the public sale price of liquid fuels throughout the territory of the Argentine Republic.”
The text also indicates that, in case of non-compliance, there will be sanctions and fines related to the price included in the Commercial Loyalty Regime, in the Consumer Defense Law and/or in the Competition Defense Law.
Finally, the project signed by the senators of the interior Carolina Losada, Mercedes Valenzuela, Eduardo Vischi, Flavio Fame and Pablo Blancoasks the Executive to form a federal table between the provinces and the Federal Capital to eliminate or harmonize the imposition of the Gross Income tax and other taxes that levy the commercialization of fuels.
Source: Ambito
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