From mid-night May 2, consumers in Barbados paid more for gasoline and less for diesel. The retail price of gasoline increased slightly from $3.77 BDS per litre to $3.79, an increase of two (2) cents / 0.5% from the previous month. While the retail price of diesel fell slightly from $2.96 BDS per litre to $2.94, a decrease of two (2) cents / 0.7% from the previous month (Source: Barbados Government Information Service).
The rest of this post explores this month’s price change in five charts:
Chart 1 Below: Month over Month % Variance for Gasoline (2021 Retail Prices).
Chart 2 Below: Month over Month % Variance for Diesel (2021 Retail Prices).
Chart 3 Below: Retail Prices for Gasoline and Diesel in Barbados from January 2015 to May 2021 (click image to enlarge).
Chart 4 Below: Retail Prices for Gasoline and Diesel in Barbados for the month of May from 2015 to 2021.
Chart 5 Below: Retail Price difference for Gasoline and Diesel in Barbados from January to May 2021.
