For market benchmarks, the next year the increases will be in line with the increase showing the dollar, crude oil and inflation
The announcements of tariff increases in electricity and public transport that were reported Thursday at the Palace of Finance complicate what economists consider a balance between the search for lower inflation and the # a quieter dollar for the next year.
The staggered increases in transport will reach 38% between December and March. With regard to electric power, by August of 2019 the confirmed bids would accumulate a jump of 55% compared to the beginning of 2019, while in gas tariffs the variation will be 35% for April .
"The combination of the three components anticipates that in 2019 the regulated tariffs will make the average an increase around 40%With a total impact of inflation of around 4 percentage points and marking a resistance to deflation, "said Federico Furiase, director of Eco Go.
In this context, it was learned that the naphtha could rise 25% more during the first half of 2019.
From the Secretary of Energy of the Nation, who until Friday commanded Javier Iguacel, believe that with the tenth of the increases that registered the fuels this year, a good part of the delay was already attacked that showed the sector.
In both cases, YPF state executives share the diagnosis: they close in 2018 with an increase in prices that managed to encapsulate the arrears They were kicking and it ends with a balance point that will allow 2019 to face in a different way, according to the slogan Profile.
In front of this table, market benchmarks estimated that next yearIncreases that are confirmed will be more in line with the increase that can show the dollar, the crude oil and how inflation moves.
A work by the Federation of Fuel and Related Goods from the Center of the Republic (Fecac) drew up a scenario to estimate how much the coastline prices could move in 2019.
Taking into account the values of future contracts for the dollar (Rofex) and Brent oil (Nymex) and adjustments due to inflation of taxes on fuels and carbon dioxide, and assuming that the prices of biofuels remain unchanged at the level established during November, the theoretical values of liquid fuels would increase by 25% until next June.
"I think that next year we will be running behind inflation, but the positive part is that we will have more stable increases. We will not have the backlog that we have already reached 2018. From the moment of release of the prices, which was October 2017, had the price stabilized, but then jumped all indexes, jumped the dollar, jumped crude and we were very late. I think 2019 will be a year of logical and predictable increases", Analyzed Gabriel Bornoroni, president of the entity that has its headquarters in Córdoba.
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