The Public Services Regulatory Authority (ARESEP) on Wednesday approved a decrease in fuel prices just a week after they set a ₡9 increase due to a miscalculation in the profit margin of fuel vendors.
The per-liter price of super gasoline will drop ₡8, and diesel prices will drop ₡13. Regular gasoline will maintain its current price.
With the adjustment, super gasoline will cost ₡739 ($1.47) per liter, and diesel will cost ₡611 ($1.22), ARESEP reported in a press release.
The price variation is due to changes in the international price of fuels on the New York Stock Exchange registered from May 30-June 13.
ARESEP already approved the new prices for publication in the official newspaper La Gaceta, and they will be effective starting at midnight on the day they are published.