Gasoline Price: How Far Could Gradual Increases Go? – Sectors – Economy
In order to reduce the gap that the Fuel Price Stabilization Fund (FEPC), the Government defined last year a plan to gradually raise the price of gasoline.With the one in February, five months of consecutive increases in the cost of gasoline have already been completed, which add up to approximately 1,243 pesos. On the other hand, diesel has risen 57 pesos.(You can also read: Does gasoline go up to $254 in Colombian cities starting today?) In October, November and December 2022, the increase was 200 pesos per gallon. In January, the average increase was 389 pesos per gallon for gasoline…
