They insure that fuel will increase by at least 12% in June

Fuels have not entered the "Essential Products" program or the "freezing" of tariffs for services. The Federation of Fuel Shippers (Fecac) announced that in June 2019, there would be an increase of at least 12% and demanded an agreement with the executive power to put an end to the increases that will later become inflation.

Gabriel Bornoroni, president of FECAC, explained that within the institution, they rely on a "statistical system of fuel sales", but he noted: "Those who increase fuels are those based on petroleum, not us but this statistical system allows us to note a delay which can lead to the practice or not of the oil companies ".This delay marks us approximately 15% because it varies according to the dollar and the biofuels"he said.

Fuels: an increase of more than 70% since the beginning of the year pushes inflation

In this sense, Bornoroni explained that at the end of the year "a point of international balance and there was no delay " between the dollar and the international price of oil. However, he pointed out that so far in 2019, "with the existing increases, which were already four and averaged 14.5%, Prices have been cut back. The dollar and crude have risen faster than cartel increases. "

"According to the law, two years ago, every three months, taxes increase, according to the consumer price index (CPI) .They will now affect June 1. In June, yes or yes, the fuel prices will go up 12%, "he explained during a dialogue with the radio FM La Patriada.

Even in your account Twitter The owner of Fecac explained: "Due to the update of the fuel and carbon dioxide tax in June, the fuel could rise again. According to information elaborated by our economic advisers ".

Due to the update of the fuel and carbon dioxide tax in June, fuel could rise again. According to the information developed by our economic advisers. The increases expressed in pesos would be

– Gabriel Bornoroni (@BornoroniG) May 8, 2019

"The increases expressed in pesos would be 0.725 cents for diesel and 1.095 for super naphtha. This 11.8% adjustment corresponds to the first quarter of the current year 's inflation and would apply in the month of June. in case the oil companies and the government fail to reach an agreement, "he added.

Increases in pesos would be 0.725 cents for diesel and 1.095 for super naphtha.
This 11.8% adjustment corresponds to the first quarter of the current year 's inflation and would apply in the month of June if the oil companies and the government fail to reach an agreement.

– Gabriel Bornoroni (@BornoroniG) May 8, 2019

In addition, he warned that the sector was going through a difficult period due to the decline in consumption. That's why they have "tried to bring oil companies closer to the government, to create a compensation fund with Chile so that oil companies and gas stations do not always increase" "

D.R./F.F.