From mid-night May 1, consumers in Barbados paid more for gasoline and diesel products. The price of gasoline rose from $4.13 BDS per litre to $4.38 ($0.25 or 6.1% more than the last change). The price of diesel also rose, going from $3.45 BDS per litre to $4.03 ($0.58 or 16.8% more). 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 % Retail Price Variance for Gasoline from January to May 2022.
Chart 2 Below: Month over Month % Retail Price Variance for Diesel from January to May 2022.
Chart 3 Below: Retail Prices for Gasoline and Diesel in Barbados from January 2015 to May 2022 (click image to enlarge).
Chart 4 Below: Retail Prices for Gasoline and Diesel in Barbados showing the months of May from 2015 to 2022.
Chart 5 Below: Retail Price difference for Gasoline and Diesel in Barbados for May 2022.
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