Effective mid-night December 6, consumers in Barbados paid less for gasoline and diesel. The retail price of gasoline fell from $3.31 BDS per litre to $3.26, a decrease of five (5) cents / 1.5% from the previous month. The retail price of diesel also fell from $2.53 BDS per litre to $2.51, a decrease of one (1) cent / 0.4% from the previous month (Source: Barbados Government Information Service).
Chart 1 Below: Month over Month % Variance for Gasoline (2020 Retail Prices).
Chart 2 Below: Month over Month % Variance for Diesel (2020 Retail Prices).
Chart 3 Below: Retail Prices for Gasoline and Diesel in Barbados from January 2015 to December 2020 (click image to enlarge).
Chart 4 Below: Retail Prices for Gasoline and Diesel Prices in Barbados December months, 2015 to 2020 (click image to enlarge).
NOTE: Two changes were recorded in December 2015 for gasoline ($2.78 to $2.71) and diesel ($2.07 to $1.89). The chart below represents the first change only.