Gasoline, diesel and cooking gas will have higher prices from this Thursday

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From February 1st, fueling the vehicle and preparing meals will become more expensive. The Tax on the Circulation of Goods and Services (ICMS), a state tax, will be increased for gasoline, diesel and cooking gas.

Photo: Internet Reproduction/Agência BrasilPhoto: Internet Reproduction/Agência Brasil

The increase results from the decision of several states to adjust the ICMS for products in general, aiming to compensate for revenue losses.

In most cases, states raised general tax rates from 18% to 20%. Due to the differentiated fuel taxation system, adjustments will occur in fixed amounts in cents.

The increase was approved in October by the National Finance Policy Council (Confaz), a body that brings together state finance secretaries. This is the first adjustment to the ICMS after the change in the charging model sanctioned by former president Jair Bolsonaro in March 2022.

Previously, ICMS was levied based on a percentage of the total price established by each federation unit. Now, the tax is charged at a fixed amount per liter, in the case of gasoline or diesel, or per kilogram, in the case of cooking gas.

The new rates are as follows:

Photo: Internet ReproductionPhoto: Internet Reproduction

Considering the average price calculated by the National Petroleum, Gas and Biofuels Agency (ANP), a liter of gasoline will increase, on average, to R$5.71. The average price of a liter of diesel will rise to R$5.95 (normal diesel) and more than R$6 for Diesel S-10, which has a lower lead content.

The R$0.15 increase in gasoline will result in an average of R$5.71 per liter, taking into account the average price of the product based on the ANP price survey. Diesel oil will have an average increase of R$0.12, reaching an average of R$5.95, and Diesel S-10 could exceed R$6.00 per liter, on average.

In the case of cooking gas, the average price of a 13-kilo cylinder will increase, on average, from R$100.98 to R$103.60.

From the Editor with Itatiaia

The article is in Portuguese
Tags: Gasoline diesel cooking gas higher prices Thursday
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