Fuel increase: YPF raised its prices 12.5%, before the freeze

2023-08-18 03:18:00

After the increases applied at the beginning of the week by Axion, Puma and Shell, now the oil company with a state majority has joined, YPF, who arranged an increase of 12.5% ​​in its pumps since 00 hours this Friday.

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According to company sources, the updating of gasoline and diesel It is in line with the increases of the other oil companies and it began to apply from this midnight, in all its service stations.

Going forward, it was also reported that a new “price trail» with the Ministry of Economy for the months of September and October, with the aim of moderate the effect of the devaluation of the official dollar and rising inflation.

Last Tuesday night, it became known that three of the main companies in the domestic market, the prices of their gasoline and diesel would rise12% on average.

However, the increases, as occurred on previous occasions, were not the same throughout the country and the region, there were service stations that updated their blackboards up to 18%both in Neuquén and in Río Negro.

Since the end of last year, one of the official strategies to contain the inflationary process was the price agreement that was established with the oil companies and that established, for the first part of this 2023, a schedule of 4% monthly increases in fuels.

But the change in economic conditions and, above all, the higher-than-expected increase in the cost of living and the results of the last PASO elections, left that program outdated.

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