COSTA RICA NEWS – On the heels of the most recent fuel price hike that set a record price for gasoline in the country, fuel prices may rise again based on two separate requests, one by Recope and the other by the Ministerio de Hacienda (Finance Ministry)

In the first, the state refinery Recope filed its monthly price adjustment request with the Autoridad Reguladora de los Servicios Públicos (Aresep) – the regulator of public prices and services, looking for an additional ¢2 colones on the price of a litre of gasoline and ¢3 colones for diesel.

At the beginning of July, the price of a litre of super gasoline rose to a record ¢816 colones, super to ¢788 and deisel ¢676. The last two ¢2 and ¢3 colones below the Recope request in June.

In the second, Hacienda if looking for an average 30% hike in the “impuesto único” on gasoline products, that would mean a price increase at the pumps of approximately ¢5 colones per litre.

Source: CRHoy

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