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Magna Gasoline will Cost 13.40 Pesos Per Liter in July

A ECO Gas statin in Tijuana, Baja California. Photo: Christian Serna/Cuartoscuro.com

MEXICO CITY — The Treasury and Public Finance Secretariat (SHCP) announced the maximum prices of gasoline and diesel that will apply July 1, raising the cost of fuel types Magna to 13.40 pesos per liter, and Premium to 14.37 pesos per liter.

In the Official Gazette, the agency issued an agreement which discloses supplementary quotes and the findings of the Special Tax on Production and Services (IEPS) applicable to gasoline and diesel, as well as maximum prices of the fuels, applicable beginning in July.

The Magna gasoline rose 24 centavos compared to its price in June, while the Premium increased 34 centavos. The price of diesel remains at 13.77 pesos per liter.