Gasoline price increases in Brazil for 4th consecutive week; up 35.5% year-on-year

RIO DE JANEIRO, BRAZIL – The National Petroleum Agency (ANP) on Friday, September 17, reported that the average price of a liter of gasoline in Brazil stands at R$6.076 (US$1.15) in the week between September 12 and 18.

Compared to 4 weeks AGO, when the liter cost R$5.982, there was a 1.57% increase. Compared to last week (from September 5 through 11), the increase was 0.2%. Year-on-year, gasoline has climbed 35.5%, according to ANP.

In 3 states, the price of a liter of gasoline is still higher than R$7. This is the case in Acre (with a maximum price of R$7.13), Rio de Janeiro (R$7.199) and Rio Grande do Sul (R$7.185).

Diesel prices have also increased this week, in their 4th weekly hike. The average price of the liter reached R$4.709 in Brazil, higher than the R$4.695 last week and R$4.608 4 weeks ago. The year-on-year increase is 30.5%.

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