Gasoline is almost stable at stations in Brazil after 6 weekly highs, says ANP

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The prices of common gasoline at service stations in Brazil had a slight decrease of 0.2% this week compared to the previous one, after advancing for six consecutive weeks, according to a survey released this Friday (25th) by the regulator ANP, while hydrous ethanol rose 0.5%.

Gasoline was sold at R$5.04 per liter, on average, compared to R$5.05 a week earlier.

Ethanol was sold at R$ 3.86 per liter compared to R$ 3.84 the previous week.

Diesel S10 (with lower sulfur content) remained practically stable, with a slight weekly decrease of 0.1%, at an average price of R$ 6.68 per liter.

The rise in prices observed in recent weeks reflected the increase in the prices of anhydrous ethanol, which is mixed with gasoline sold at gas stations. Since the beginning of September, Petrobras has not changed the sale prices of its refineries, which had been constantly reduced during the election campaign. The state-owned company spent weeks operating with lags in relation to international quotations.

With the rise in fuel prices allied to pressure from food prices, the IPCA-15 accelerated its rise in November, marking the highest pace of progress in five months. The index increased to 0.53% this month, after rising 0.16% in October, according to IBGE data.

This is the highest monthly rate since June, when the IPCA-15 increased by 0.69%.

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