Honduras Fuel Prices Rise Again From 12 October

On Monday, 12 October, Honduras raised gasoline, kerosene, and vehicle gas prices across the country. The energy ministry released the new weekly price table on Saturday, 10 October. Diesel prices remain unchanged for the second consecutive week due to a temporary government subsidy beginning on 5 October. In Tegucigalpa, super gasoline prices increased by L1.23 (US$0.05) to L157.84 (US$5.89) per gallon, regular gasoline rose L2.04 (US$0.08) to L139.96 (US$5.22), kerosene saw the largest increase at L2.50 (US$0.09) to L145.92 (US$5.44) per gallon, and vehicle LPG increased L1.14 (US$0.04) to L54.93 (US$2.05) per gallon.

San Pedro Sula, the northern business hub, experienced similar price hikes with super reaching L153.13 (US$5.71), regular at L135.49 (US$5.05), kerosene at L141.17 (US$5.27), and vehicle LPG at L50.92 (US$1.90) per gallon. The ministry attributes the price increases to rising international fuel costs, using a conversion rate of 26.81 lempiras to one US dollar.

Despite smaller increases, these bring the total in Tegucigalpa to a L4.67 (US$0.17) gallon rise in two weeks. The ministry continues to provide a temporary subsidy on regular gasoline, equivalent to 70% support, listed at L4.82 (US$0.18) in Tegucigalpa and L4.59 (US$0.17) in San Pedro Sula. Diesel remains at L153.53 (US$5.73) in Tegucigalpa and L149.20 (US$5.57) in San Pedro Sula.

The government's absorption of about L12 (US$0.45) per gallon of diesel for 30 days is aimed at protecting transport, farming, and food prices. State support for domestic cooking gas, at L249.62 (US$9.31) in Tegucigalpa and L228.47 (US$8.52) in San Pedro Sula, remains unchanged.