Gasoline prices rise by 0.32% in October

Even with the 4.9% cut in the price of gasoline for distributors, effective since October 21, the average fuel price at Brazilian gas stations registered a slight increase of 0.32% in the month, reaching R$ 6.36. Ethanol, on the other hand, had a reduction of 0.23% and reached an average of R$ 4.40. The data are from the Edenred Ticket Log Price Index (IPTL), which monitors price behavior based on real transactions at over 21,000 accredited stations in the country. According to Edenred, the effect of the reduction at refineries has not yet been fully perceived by the end consumer due to the time required for the pass-through in distribution chains, which may occur in the coming weeks. Regional variation indicates price contrasts The regional analysis reveals that gasoline increased in most regions, with the exception of the North, where there was a decrease of 0.15% (average of R$ 6.82, the highest in the country), and the Southeast, which remained stable at R$ 6.21, the lowest ...