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Committee continues projected increase in gasoline by 5% this year

10/17/2013

This article was translated by an automatic translation system, and was therefore not reviewed by people.

 

 

 

 



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Kelly Oliveira
Brazil Agency reporter

Brasília - The Monetary Policy Committee ( Monetary Policy Committee ) of the Central Bank ( BC ) maintained the forecast increase of gasoline to the consumer , by 5% this year . The forecast , released today ( 17 ) in the minutes of the last meeting of the committee is the same as in August.

In the last 10 days , the Minister of Mines and Energy , Edison Lobao , stressed that the government had not set up would readjust the price of gasoline in 2013 . " I do not know if you will not ," replied the minister told reporters when asked if the increase could reach 6 % , to complete the percentage requested by Petrobras .

Earlier this year , the government approved a 6.6% increase in gasoline refineries , to align the price of fuel on the international market . The adjustment required by Petrobras was 13 % for the whole year .

In the minutes , the Committee also maintained the projected decline of approximately 16 % in the residential electricity tariff . The committee explains that this estimate takes into account the direct impacts of the cuts announced by the government sector charges and regular tariff adjustments and reviews scheduled this year .

Estimates were also kept for the rising price of gas canister and a reduction in the rate of fixed-line , respectively , 2.5% and 1 % .

For the set of prices administered by contracts and monitored , this year , the projection fell to 1.5 % , 0.3 percentage points lower than the August estimate .
For 2014, the projection follows at 4.5% .

Edition : Talita Cavalcante


Source : Agency Brazil

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