Consumers will also continue to pay the full IEPS per liter of Premium and diesel.
In the week of October 2 to 8, they will be paid 6.1752 pesos per liter of magna, 5.1246 per liter of premium and 6.7865 pesos per liter of dieselaccording to what was published in the Official Gazette of the Federation (DOF).
Why aren’t there always subsidies?
The Mexican government, depending on oil prices, decides whether or not to grant, as well as the magnitude, a subsidy to the IEPS with the objective of cushioning the rise in the Mexican market.
However, each time the stimulus is applied, it translates into lower tax collection.
How much does gasoline cost?
According to Petrointelieence.com, this Friday the average price of fuel nationwide is:
- Magna: 23,905 pesos per liter.
- Premium: 25,309 pesos per liter.
- Diesel: 25,508 pesos per liter.
