The increase in fuel taxes will also be deferred, as in May and June.
The Minister of Economy, Luis Caputo, defined that electricity and gas rates will not have increases due to inflation starting in July, although the portfolio will continue with work to define a new monthly indexation mechanism in the bills.
The increase in the fuel tax (ICL) scheduled for next Monday will also be deferred, like May and June. This was confirmed to Infobae fountains of the Treasury Palace.
The Government does not want to put at risk the slowdown in inflation, which could have been interrupted in June, so they will move forward in postponing increases in sensitive items for consumers. Obviously, that implies greater future pressure on retail prices but short-term relief in the pocketbook.
In the next few hours, the Executive Branch will publish a decree in which it will postpone the increase in the ICL scheduled for next Monday, as it happened in May and June. From July 1, the increase in the tax will result in an increase of only 1% in the final prices of gasoline and diesel, less than the 18% expected.
