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Gasoline prices average 10 percent increase across Mexico

The price of fuel continues to rise across the country with an average increase of 10 percent recorded since last year.

The average national price of regular gasoline during May was 17.80 pesos per liter, which was an increase of 0.9 percent compared to April and a 13.4 percent increase over May of 2017.

The national average price for premium reached 19.33 pesos per liter in May, which was an increase of 0.7 percent compared to April and a 10.2 percent increase from the same period last year.

Diesel has now reached 18.88 pesos per liter, an increase in price 0.7 percent or 9.5 percent over 2017.

The reference price of the US market that makes up approximately half of the final consumer prices, since Petróleos Mexicanos imports seven out of every 10 liters that it sells wholesale, increased between April and May 3.8 percent in all grades, according to the report of the Energy Information Administration of the government.

Due to logistics, the cost for transporting fuels make the Bajío region, the west north-central parts that includes the states of Aguascalientes, Jalisco, Guanajuato, and Querétaro, with the highest fuel prices in the country.

According to the Energy Regulatory Commission, in May, premium gasoline already averaged 20 pesos per liter with prices as high as 20.58 pesos per liter in some service stations.

In Nayarit, Zacatecas, Mexico City and Aguascalientes, the price for premium gasoline has already exceeded 19.86 pesos per liter. Regular gasoline reached its highest levels in Jalisco, Zacatecas, Nayarit, Mexico City and Aguascalientes, where it cost between 18.42 to 18.62 pesos per liter during May.

Tabasco, Veracruz, Chihuahua, Tamaulipas and Yucatán had the lowest prices in the country.