From mid-night Sunday August 7, consumers in Barbados paid more for gasoline and diesel products. The price of gasoline rose from $4.72 BDS per litre to $4.83 ($0.11 / 2.3% increase over July). The price of diesel also rose, going from $4.08 BDS per litre to $4.28 ($0.20 / 4.9% increase over July). Source: Barbados Government Information Service.
The rest of this post explores the August price change in five charts (and one table).
Table 1 Below: The impact of the August fuel price change (compared to July) on vehicles with fuel tank sizes ranging between 30 and 90 litres (with increments of 2 litres).
Chart 1 Below: Month over Month % Retail Price Variance for Gasoline from January to August 2022.
Chart 2 Below: Month over Month % Retail Price Variance for Diesel from January to August 2022.
Chart 3 Below: Retail Prices for Gasoline and Diesel in Barbados from January 2015 to August 2022 (click image to enlarge).
Chart 4 Below: Retail Prices for Gasoline and Diesel in Barbados showing the months of August from 2015 to 2022. Note that there were two prices changes in August 2015.
Chart 5 Below: Retail Price difference for Gasoline and Diesel in Barbados for August 2022.
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