This is the second price increase so far in 2022, and the sixth increase in a single year, since February 2021. On that occasion the readjustment was G. 400, in May there was an increase of the same amount, as well as well as in July. In October there was another rise of G. 600 per liter.
Throughout 2021 there was an increase of G. 1,800 per liter in all fuels.
At the end of January of this year, there was a new readjustment in fuel prices, this time, it was between G. 400 and G. 600 depending on the product. As soon as this decision was made, the different sectors involved were already threatening a new increase in the coming weeks.
This took place this Friday, after a series of meetings between the Government and private emblem, the latter announced that they were going to proceed with the readjustment of G. 500 per liter from this Saturday, while Petropar will do so from Tuesday, March 1 .
The argument given to justify the rise is that the crisis unleashed between Russia and Ukraine already affects international oil prices, since both countries are exporters of the product and the conflict in question caused the barrel to rise to more than US$100. , a cost that had not been had at least since 2014.
It must be remembered that the Government had made the decision this month to reduce the Selective Consumption Tax by 4% for Ron 91 gasoline, 10% for virgin gasoline, which went from 20% to 10%, and diesel / diesel type III which was reduced from 18% to 6.2%. This was extended days ago for a month, to try to minimize the impact, however it was not enough to stop a new increase in prices.
CHAIN EFFECT
As soon as the new increase was announced, from the different related sectors they already began to pronounce on the consequences of the increase in fuel prices.
One of them is public transport, whose representative, César Ruíz Díaz, indicated that the price of the ticket could rise G. 150, either through the subsidy or the final amount paid by the passenger.
“If diesel goes up, it depends on the Executive Power if that increase is transferred to the economy of the passenger or to the subsidy, that is a political decision, not a business one,” stressed Ruíz Díaz.
Likewise, he clarified that Cetrapam no longer makes raise proposals, since there is a technical rate analyzed every 30 days. In this sense, it is worth mentioning that fuel has a 45% influence on the cost structure for setting the price of the ticket.
In turn, the national economist, Amílcar Ferreira, indicated that the price of a barrel of oil will remain in the range above the barrier of US$ 100, which he considers is not convenient for the producers themselves. He maintained that in the coming months demand will suffer strongly, which will cause prices to fall.
“The transfer effect of this global situation is almost immediate in our market, at least in the fuel category,” he stressed.
The entrance The day-to-day war: the sixth increase in the price of fuel in a year was first published in diary TODAY.
