Buenos Aires Times


Confirmed: Consumer gas prices to jump 30-40% from April

The decision to further reduce subsidies on household gas consumption is expected to push the cost of living in Argentina up by 8.5 percent.

Wednesday 28 March, 2018
Energy Minister Juan José Aranguren.
Energy Minister Juan José Aranguren. Foto:NA

More Economy News

Consumer gas prices in Argentina will rise 30 to 40 percent from April, the Energy Ministry confirmed Wednesday.

The rate hike will come into effect from April 1 following a public hearing process that saw gas distributors pushing for a hike of up to 58 percent.

The adjustment is, in effect, a reduction in energy subsidies and forms part of the government’s medium-term plan to fix energy prices closer to real production costs.

The decision is expected to push the cost of living in Argentina up by 8.5 percent.


In a separate announcement today, the INDEC statistics bureau will release data that suggests the rate of poverty in Argentina has declined.

President Mauricio Macri will accompany the presentation with a brief statement to be made from the Olivos presidential palace in the afternoon.





Top Stories

  1. 1The next space race starts in ChinaThe next space race starts in China
  2. 2Cannabis flowers into a regional economic model
  3. 3Argentina's rugby coach: French players 'went off with our women in 1980s'
  4. 4After economic crisis, Macri gov't officials rebound at elite universities
  5. 5'Objects found': Argentine footballer believed to have died in plane crash
  6. 6Emiliano Sala's body arrives in Argentina
  7. 7World Bank cuts forecast for world economic growth in 2019
  8. 8Warning signs flash for Macri’s re-election hopes
  9. 9Emiliano Sala's body to be returned to Argentina on Friday
  10. 10Argentina’s richest 10% control more wealth than 60% of the country