Rio de Janeiro Sees Over 7% Increase as Gas Prices Neared R$ 8, Reaching Second Highest Average in Southeast Region

Gasoline Was Sold for R$ 6,975 in Rio de Janeiro in November, While the Price of Ethanol Reached R$ 6,473 at the Pumps and Becomes the Third Highest in the Country

Constant spikes in the price of gasoline, ethanol, and diesel do not give a break to the pockets of Brazilians. According to the most recent survey by the Ticket Log Price Index (IPTL), gasoline sold in the Southeast Region in November showed an increase of 7.16% compared to the previous month. The fuel was found at R$ 7,330 at the stations, falling behind only the averages recorded in the Midwest Region.

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Rio de Janeiro stood out with the highest average gasoline price in November. The fuel was sold at R$ 7,330 at the stations in Rio. In São Paulo, despite a 7.46% increase in gasoline prices, the average at the pumps was R$ 6,456, the lowest among the other states in the region.

Gasoline Is Not the Only Villain: Rio de Janeiro Records a Significant Increase of 10.93% for Ethanol Reaching R$ 6,473 at the Pumps

The same scenario was repeated for ethanol, which was found with the lowest averages at the stations in São Paulo, at R$ 5,302, despite a 13.19% increase compared to the previous month. Rio de Janeiro also recorded a significant increase of 10.93% for the fuel, which was sold at R$ 6,473, the highest average in the regional balance.

“For several months, the IPTL has been indicating a continuous rise in the average price of gasoline sold in the Southeast. Despite this consistency, when compared to ethanol in the 70/30 ratio, gasoline is the more advantageous option for the consumer refueling in all four states of the region, according to Ticket Log,” points out Douglas Pina, Head of Urban Market at Edenred Brasil.

Diesel Gives a Break to Consumers by Showing the Lowest Variations

Common diesel and S-10 diesel showed the lowest price variations in the Southeast, with an average increase of 6.46%. As in the closing of October, both types of diesel were found with the highest average value at stations in Minas Gerais, at R$ 5,486 for common and R$ 5,558 for S-10. Rio de Janeiro, on the other hand, presented the lowest prices for both types of fuel – common diesel was sold at R$ 5,324 and S-10 at R$ 5,399. The stations in São Paulo also recorded an average of R$ 5,324 for common diesel. In the national balance, common diesel was sold at R$ 5,368 and S-10 at R$ 5,453.

The IPTL is a fuel price index collected based on the refuelings carried out at 21,000 accredited Ticket Log stations, which has great reliability 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 fleet management and mobility solutions brand of Edenred Brasil, has over 30 years of experience and adapts to the needs of clients, offering modern and innovative solutions to simplify daily processes.