Claudia Sheinbaum renews voluntary agreement with gasoline station owners to stabilize fuel prices and combat inflation.
President Claudia Sheinbaum formalized a six-month extension of a voluntary agreement with gasoline station owners to maintain maximum fuel prices in Mexico. The agreement establishes a price cap of 24 pesos per liter for regular gasoline and 27 pesos per liter for diesel. During a meeting at Palacio Nacional, Claudia Sheinbaum met with gasoline station owners and officials from the Ministry of Energy, the Ministry of the Environment, and the Ministry of Finance and Public Credit. The goal of the agreement is to counter the effects of inflation and scarcity while supporting the economy and the well-being of Mexican families. Edgar Amador Zamora, the Secretary of Finance and Public Credit, noted that fuel prices in Mexico remain stable despite external shocks from Middle East conflicts. Without fiscal incentives, regular gasoline would reach 27.20 pesos per liter, and diesel would reach 30.07 pesos per liter. To meet the agreed caps, gasoline station owners must adjust their profit margins. The government also reduced the collection of the Special Tax on Production and Services (IEPS) to help achieve these prices.
Sources
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Renueva CSP con gasolineros tope a precios
Reforma
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Sheinbaum y empresarios renuevan acuerdo para contener los precios de la gasolina y el diésel
El Economista
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‘Dame más gasolina’: Sheinbaum mantendrá el precio de los combustibles por seis meses
El Financiero