After Third Consecutive Increase, Gasoline Price Reaches R$ 10.00 and Ethanol R$ 7.00 at Pumps, Leaving Consumers with No Options

Fuel Prices Have Been Adjusted Almost Weekly, and The Price of Gasoline Exceeds R$ 7 in All Brazilian States; Ethanol Increased by 3.69% Compared to April, Selling at R$ 6.76 on Average

Data from the latest survey of the Ticket Log Price Index (IPTL), referring to the first days of May, indicates that the price of gasoline sold at gas stations across the country recorded an increase of 0.70% and closed the period at R$ 7.55. Ethanol, on the other hand, continues to show more significant increases, closing the first days of the month at R$ 6.15, which is 3.69% more expensive compared to the previous month’s closure.

 “If we compare the current price with the closure of 2021, we are already paying 9.5% more for gasoline in 2022 and 6.5% more for a liter of ethanol,” highlights Douglas Pina, General Director of Mainstream of the Fleet and Mobility Division of Edenred Brasil.

Cities with The Highest and Lowest Prices for Gasoline and Ethanol, Data from Ticket Log at The Request of UOL Cars

• Most Expensive Gasoline R$ 10.553 in Marechal Thaumaturgo (AC)
• Cheapest Gasoline R$ 6.585 in Sebastianópolis do Sul (SP)
• Most Expensive Ethanol R$ 7.546 in Bagé (RS)
• Cheapest Ethanol R$ 4.692 in Bocaina (SP)

Five Brazilian States Reported A Drop in Gasoline Prices

Only five states from two Brazilian regions reported a drop in gasoline prices. In the Northeast, Rio Grande do Norte recorded a reduction of 1.28% in fuel prices; Pernambuco, -0.51%; Maranhão, -0.21%; and Alagoas, -0.13%. The North region also showed a price drop, but only in Tocantins, at -0.12%. On average for the respective region, the scenario was a 0.65% increase in fuel prices.

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Despite the listed declines, gasoline, which continues to lead with the highest average price in the country, is sold at gas stations in the Northeast for R$ 7.63, an increase of 0.66%. The analysis of the lowest average for this fuel repeated previous results and was recorded in the South region, with the liter averaging R$ 7.21. 

Meanwhile, ethanol did not show any decrease in the average price in any region, and the most expensive liter was no longer sold at gas stations in the North, as was the case at the end of April, and was instead recorded in the South at the beginning of this month, at R$ 6.35, an increase of 3.91%. The cheapest liter for ethanol was again found at gas stations in the Midwest, at R$ 5.75. 

In the breakdown by state, Bahia returns to the top of the highest increase in the country for gasoline (5.16%), which rose from R$ 7.36 to R$ 7.74. The highest average continues to be sold at gas stations in Piauí, at R$ 8.17, an increase of 0.29%. The lowest average was found in Rio Grande do Sul, at R$ 7.02. 

Ethanol Price Adjustments Are Already Reflecting in The Analysis of The Most Advantageous Fuel for Refueling

There was no reduction in the price of ethanol in any Brazilian state, and the most significant increase, which last month was found at gas stations in São Paulo, this time was reported in Ceará, with a value 9.56% more expensive, rising from R$ 6.13 to R$ 6.71. The most expensive liter of ethanol was sold in Pará, at R$ 6.76, with an increase of 1.17%; and the cheapest in São Paulo, at R$ 5.20. 

“According to the survey by Ticket Log, the increases in the price of ethanol are already reflecting in the analysis of the most advantageous fuel for refueling, and in these first days of the month, the fuel presented itself as the most favorable option for only two states in the country, Goiás and Mato Grosso, unlike last month, which included five,” concludes Pina. 

The IPTL is a fuel price index raised based on the refuels conducted at the 21 thousand accredited Ticket Log stations, which is highly reliable due to the number of vehicles managed by the brand: 1 million in total, with an average of eight transactions per second. Ticket Log, a brand of fleet management and mobility solutions from Edenred Brasil, has over 30 years of experience and adapts to customer needs, offering modern and innovative solutions to simplify daily processes.