translated from Spanish: By the crisis and rising prices 10% dropped the sale of gasoline

repeated increases in fuel and the impact of the economic crisis make strong falling gasoline consumption. According to official data, there are 10% less sales at service stations. And that migration of the variants premium to the supermarket that was observed in recent months, now returned to change and already a general shrinkage of consumption of gasoline is felt.” “So far you people came by restricting quality of product, they passed from the premium to the super, so overall demand remained relatively stable”, explains Carlos Gold, President of the Confederation of entities of the trade of hydrocarbons of Argentina) Czech).
10.2% declined overall gasoline consumption, according to September data 27.5% fell 7.84% premium selling diesel oil clearance 4.95% in the case of the super fuels because they carry a higher than 65% increase average for 2018 but from the oil companies already They warned that even was a delay of domestic prices with respect to international values.” “You have to look at the data in context, people absorbed until August more than one 40% average increase in gasoline, but only in September there were three rate hikes greater than 10%, obviously Pocket does more”, says Gold.

FUEL NAPHTHA PRICES INFLATION CRISIS

Original source in Spanish