The United Kingdom consumer price index rose 9.9% annually in August, compared to 10,1% in July, according to estimates published on Wednesday by the Office for National Statistics, below a consensus forecast of 10.2%, but food prices continued to rise at its fastest pace since 2008.
Paraguay's state-run oil company Petropar has announced a reduction of PYG 250 (US$ 0.036) for liquefied petroleum gas (LPG), marketed under the brand Ñande, and of PYG 150 (US$ 0.022) for 88-octane gasoline known as Kape, effective this coming Friday.
A survey from Brazil's National Oil, Gas and Bio-fuels Agency, ANP, showed that the average price for a liter of gasoline in service stations across Brazil had dropped 2,77%, and this way the price is now R$ 5,25 this week, the lowest it has been since February 2021.
While Brazil's Energy Minister Adolfo Sachsida appeared Tuesday before the Lower House to answer questions about the current situation regarding the state-owned oil company Petrobras, the Government of President Jair Bolsonaro is concocting other strategies to curb the neverending increases in the price of fuel.
The shortage of diesel fuel, which at first affected only 8 provinces, has spread to the extent that Patagonia is the only region not yet going through a crisis, it was reported.
Argentina's Federal Government Wednesday announced new measures to guarantee the proper supply of diesel fuel nationwide after governors of the country's 10 Grand North provinces complained last Friday of recurrent shortages.
Uruguayan authorities Wednesday announced the price of fuel at pumps will go up as of Friday, April 1. President Luis Lacalle Pou confirmed that gasoline will go up UR$ 3 (US$ 0.07), from UR$ 74.88 (US$ 1.81) to UR$ 77.88 (US$ 1.88) and UR$ 5 (US$ 0.12) for diesel, from UR$ 53.99 (US$ 1.3) to UR$ 58.99 (US$ 1.49).
The state-run oil company Petróleos Paraguayos (Petropar) has announced an increase in the price of fuel at pumps effective Saturday, Feb. 12, despite previous announcements that there would be no changes until the end of the month.
The Government of Uruguay Monday announced a small reduction in the price of fuel at pumps due to the use -for the first time- of the new Import Parity Price (PPI) adjustment formula devised by the current administration.
Brazilian President Jair Bolsonaro said on Tuesday he would suspend a tax on diesel fuel, to try and placate truckers, but the government would instead hike taxes on banks to offset lost revenue.