Fifth consecutive rise in fuel prices in Nicaragua
Gasoline and diesel prices increased again on the weekend, for the fifth consecutive week in Nicaragua.
Monday, June 16, 2008
The price of high-grade gasoline went up from 5.01 dollars a gallon to 5.21, while regular gas rose from 4.96 to 5.16 dollars. Diesel fuel prices also went up, from 4.92 dollars a gallon to 5.13.
Fuel prices continue their upward trend in Nicaragua, reflecting the rising prices of petroleum in international markets.
A new high for fuels has gone into effect in Panama, where the social pressure cooker will be making steam as a result of the high costs of necessities.
Starting yesterday, and every Monday from now on, the Ministry of the Economy will publish the "official" price reference to regulate the fuel market.
Costa Rica has the highest fuel prices in Central America and Honduras has the lowest.
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