Dear Readers, Happy New Year!
From mid-night January 2, consumers in Barbados paid less for diesel while the price of gasoline remained unchanged. The retail price of diesel dropped from $3.40 BDS per litre to $3.34, six cents or -1.8% less, than the previous month. The price of gasoline remained unchanged at $3.99 BDS per litre (Source: Barbados Government Information Service).
The rest of this post explores this month’s price change in five charts (plus a bonus chart of average fuel prices from 2015 to 2021).
Chart 1 Below: Month over Month % Price Variance for Gasoline (2022 Retail Prices).
Chart 2 Below: Month over Month % Price Variance for Diesel (2022 Retail Prices).
Chart 3 Below: Retail Prices for Gasoline and Diesel in Barbados from January 2015 to January 2022 (click image to enlarge).
Chart 4 Below: Retail Prices for Gasoline and Diesel in Barbados showing the months of January from 2015 to 2022.
Chart 5 Below: Retail Price difference for Gasoline and Diesel in Barbados for January 2022.
Chart 6 Below: Average Retail Fuel Prices – 2015 to 2021.
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