Gasoline price drops 1.69% in the first half of November compared to October, says Ticket Log

The price of a liter of gasoline closed the first half of November at R$ 5.83, a value 1.69% lower than the consolidated figure for October, according to the Edenred Ticket Log Price Index (IPTL), a survey that consolidates price behavior of transactions at 21 thousand gas stations.

According to the company’s general director of Mobility, Douglas Pina, gasoline is following a downward trend recorded since September in the five Brazilian regions, with emphasis on the Northeast, where the price per liter fell 2.97% and closed the fortnight R$ 5.89. The lowest averages were found in the Southeast and South, at R$5.73, and the highest in the North, at R$6.42.

Among the States and the Federal District, only Amazonas recorded an increase in the price of gasoline, of 1.71%, compared to October. The average sold at gas stations in Amazonas was R$6.56. The most significant decline for gasoline, 3.91%, was identified at gas stations in Bahia, where the average closed at R$5.90. Even so, the cheapest liter in the country was registered in Rio Grande do Sul, at R$5.63, and the most expensive, in Acre and Roraima, at R$6.64.

Regarding ethanol, the IPTL pointed out that the price of a liter closed the first half of November at R$3.73 in the country, a reduction of 0.80%, when compared to October.

Just like gasoline, in the five Brazilian regions the fuel also became cheaper and the most significant reduction, of 2.68%, was recorded in the Northeast, which closed with an average of R$4.35. The Central-West sold a liter at the lowest average, at R$3.57, and the North, closed at the highest, at R$4.67.

The most significant reduction in the price of ethanol was 4.63%, recorded at fuel pumps in Goiás, sold at R$3.50. Goiás also ranked with the lowest average price in the country for ethanol, at R$3.50, as did Mato Grosso. The most expensive ethanol in the entire national territory was registered in Roraima, at R$ 5.02.