The Government postponed the electricity and gas increase scheduled for July and will reduce the fuel tax

The Government postponed the electricity and gas increase scheduled for July and will reduce the fuel tax
The Government postponed the electricity and gas increase scheduled for July and will reduce the fuel tax

The measure seeks to reduce the impact on inflation. In the tax for gasoline and diesel, the increase will be less than originally planned.

With the beginning of July another strong increase in electricity and gas ratesHowever the National government decided to postpone the adjustment. In this way they aim to reduce the impact on bills in a month with a high level of consumption.

The measure adopted since Ministry of Economyled by Luis Caputo, also aims to reduce the rate of inflationIt should be remembered that both services registered large increases in June in the midst of the withdrawal of subsidies.

A rate increase was planned for July to improve the margins of companies that provide regulated public services for the transportation and distribution of electricity and natural gas, he said. Clarion. Thus, the bills would have had a new increase of between 2 and 3 percent.

With the decision of the last hours The adjustment would be postponed for a month and the increase could only be applied with August consumption.

What will happen with fuels?

For the beginning of July a new one is confirmed increase in fuel tax although it will be less than originally planned. In this case the rate will increase by 1 percent.

To this component, oil companies are expected to add the monthly devaluation. For this reason the increase would be between 3 and 5 percent for the naphtha and the gasoil.

With this provision, super gasoline would exceed 1,077 pesos in Córdoba taking into account the last update applied in the June start.

 
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