Average price of gasoline rises to R$ 5.88 at gas stations and reaches the highest level in more than a year, shows ANP

Average price of gasoline rises to R$ 5.88 at gas stations and reaches the highest level in more than a year, shows ANP

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Survey for the week of August 20 to 26 also points out that diesel jumped 10.22%, to R$ 5.93, and ethanol advanced 1.39%, to R$ 3.66. G1 Calculator helps you choose the most advantageous option when fueling up. Average price of gasoline rises more than 5% and goes to R$ 5.67 at gas stations. Reuters The average price of gasoline rose to R$ 5.88 at gas stations in the country and reached the highest level in more than a year. The data were disclosed by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) this Friday (25). The survey refers to the week of August 20th to 26th. The value is below only the average price found by the ANP in July 2022, R$ 5.89. ▶️ Gasoline: This week’s R$ 5.88 represents an increase of 4.07% compared to the previous week’s R$ 5.65, according to ANP data. The maximum fuel price found at gas stations was R$7.62. ▶️ Ethanol: The average price of ethanol, in turn, rose to R$ 3.66 in the last week. The increase was 1.39% compared to the R$ 3.61 of the previous week. The highest price identified by the ANP was R$6.37. ▶️ Diesel: The liter of diesel already hit its fourth consecutive discharge and was found at gas stations, on average, at R$ 5.93. The jump was 10.22% compared to R$ 5.38 in the previous week. The most expensive value found by the agency in the week was R$ 7.75. See below, in the g1 calculator, which is the most advantageous option when fueling up. g1 Calculator Check which fuel is more worthwhile: How does the calculator work? The average calculation is based on the price and performance of each fuel. With the oscillation of prices for gasoline and ethanol at gas stations, the most advantageous option may vary. According to specialists, ethanol is more worthwhile when it costs up to 70% of the price of gasoline. Understand calculus. Increase in fuels On August 15, Petrobras announced an increase in gasoline and diesel prices for distributors, which took effect the following day. The liter of gasoline increased by R$ 0.41, reaching R$ 2.93. A liter of diesel will rise by R$ 0.78, rising to R$ 3.80. In a note, Petrobras pointed out that “the amount effectively charged to the final consumer at the service station is also affected by other factors such as taxes, blend of biofuels and profit margins from distribution and resale”. Previous announcements On June 30, Petrobras announced a reduction in the price of gasoline for distributors. The measure went into effect the following day. A liter of fuel went from R$ 2.65 to R$ 2.52, a reduction of approximately R$ 0.14 a liter, or 5.3%. Until then, the last gasoline reduction had been announced by Petrobras on June 15th. The last cut in the cost of diesel took place on May 16th. It is worth remembering that the prices charged by gas stations take into account, in addition to taxes, the profit of distributors and resellers. Return of taxes At the end of June, the federal government also raised federal taxes on gasoline and ethanol. The increase in taxation was, in practice, R$ 0.34 per liter for gasoline and R$ 0.22 per liter for ethanol, according to information from Abicom. ICMS on gasoline On June 1st, the change in the method of charging ICMS (Tax on Circulation of Goods and Services) on gasoline in the Brazilian states became effective. The change established the collection of the state tax at a fixed rate (in reais) of R$ 1.22 per liter. The value is valid for all states. Since then, the price of fuel at gas stations increased from R$5.21, in the week from May 28 to June 3, to the current R$5.88 — an increase of 12.86%. Change in pricing policy On May 16, Petrobras announced a change in its pricing policy. Since then, the state company no longer obeys the international parity policy (PPI), which readjusted the price of fuel based on changes in the dollar and the price of oil abroad. Now, the company will take two points as a reference for determining its prices: the customer’s alternative cost, as a value to be prioritized in pricing; the marginal value for Petrobras. VIDEOS: latest economics news

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