Shell reported that as of this Wednesday the price of its
fuels will have an
average increase of 3.8%.
The increase, which is framed in an agreement between the oil companies and the Government, was announced hours after knowing the inflation for the month of February, which registered a rise of 6.6%, with a year-on-year variation reaching 102.5%.
In this way, the path of increases
in the amounts of gasoline defined between the Ministry of Energy and the companies in the sector
continues .
Although the rest of the oil companies have not yet announced it, once a company raises its prices, the others tend to fold, so rebrands are expected in other firms.
After this increase scheduled for March, the Government and companies will sit down again to outline the rest of the year.
This is the
third fuel increase in the year
, after those implemented in January and February, when they were also confirmed shortly after the inflation data was known, and the fourth that is applied within the agreement with the Government.
In 2022, meanwhile, the oil companies had arranged seven increases.
The new gasoline prices in Shell
Starting this Wednesday, gasoline prices will change at Shell service stations located within the City of Buenos Aires.
The new values will be
$169.07 for super gasoline
, $205.33 for premium, $189.05 for regular diesel, and $245.41 for premium diesel.
The oil companies joined the Fair Prices program last November, when they agreed with the Ministry of Energy that they will apply increases with a cap of 4% during the first three months, until reaching the last increase during the month of March.
In this way, companies sought to give their support to the Government's strategy to contain prices and lower inflation.
The Fair Prices program was applied to mass consumption products in supermarkets.
The companies and the chains "self-imposed" limited increases after the "suggestion of the Secretary of Domestic Trade, which depends on the Ministry of Economy," they slipped at that time.
IS
look also
February inflation: the increase in food tripled the ceiling of Fair Prices
Consultants forecast 7% inflation in March: "There is a higher inertia than expected"
