Fuel dealers across the country will display prices to two decimal places rather than three as is currently the case. The measure will take effect from the 7th. This is what Resolution No. 858/2021 of the National Agency for Petroleum, Natural Gas and Biofuels (ANP) determines, which gave resellers a deadline to adapt until that date.
As informed today (2) the ANP, the purpose of the change is to make the price of fuel more precise and clear for the consumer, in line with the numerical expression of the Brazilian currency. Prices must be displayed to two decimal places, both on the price panel and on the dispenser pump displays.
The ANP pointed out, however, that, at pumps, the third digit will be allowed to be kept, as long as it is zero and is locked at the time of supply. The agency understands that, in this way, the stations will not need to change the pump modules, which could incur costs for economic agents. As the third decimal place will be zeroed and locked, the perception is that there will be no doubts and that the purpose of the rule, which is to give clarity to consumers.
The agency evaluated that this change will not impact the final value of fuel prices, since it will not bring relevant costs to resellers, nor restrictions on prices.
