Starting Sunday, fuel prices will exceed $1,000 in the country

2024-09-01 13:13:36

Starting next Sunday, the main oil companies will apply a new 4% increase in fuel prices. This variation would lead to prices above $1000 becoming widespread in the country.

In the Tucumán market, higher prices have been recorded in August. In the previous adjustment, the value of super gasoline went from $1,040 to $1,066 and Infinia to $1,283 at local service stations.

This new adjustment responds to a new increase in the tax on liquid fuels (ICL) and carbon dioxide (IDC), within the market liberalization program promoted by the government of Javier Miley.

This measure is part of a series of adjustments aimed at managing the impact of monthly inflation, the crawling peg of 2%, to compensate for the accumulated delay in tax burdens, according to the country’s media today.

The Ministry of Economy published this Friday in the Official Gazette the resolution confirming the adjustment in the fuel tax, although without detailing the exact figures. The lack of specific information from the private sector and the Energy Secretariat keeps consumers in uncertainty about the new prices.

In August, fuel prices rose by 3%, including a 1% increase in the official dollar, plus a 2% devaluation.

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