Eighth Increase in Gasoline Prices in Mexico
Prensa Latina
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August 11, 2012
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When the eighth increase in gasoline prices come into effect in Mexico on Saturday, the price of Premium gasoline (high octane rating) will exceed 11 pesos per liter (nearly one dollar), according to the Mexican Association of Gasoline Entrepreneurs.

Magna gasoline will be sold at 20.45 pesos per liter and Diesel price will increase to 10.81 pesos, nine cents more than in July.

These increases form part of monthly policies adopted by the Secretariat of Treasury and Public Credit over the past two years and coming into effect every second Saturday of every month.

Gasoline prices have increased 6.4 percent so far this year, and 32.6 percent since 2010.

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