Guatemala fuel prices rise after subsidy ends

Guatemalan consumers are now paying market prices for fuel after the Ministry of Energy and Mines ended a temporary subsidy on July 2. The subsidy, which began May 1, was intended to last approximately three months but concluded early due to high demand exhausting allocated funds.

Following the subsidy's end, fuel prices saw an increase of Q5 to Q8 per gallon. For example, superior gasoline rose from Q32 to Q37 per gallon. Monitoring by Prensa Libre in Guatemala City, Villa Nueva, and Sacatepéquez shows stable prices across various brands since July 2.

Average prices per gallon are now Q35.29 for diesel, Q37.09 for superior gasoline, and Q36.09 for regular gasoline. These prices may vary slightly based on location or distribution chain. Guatemalan authorities have stated that the country operates under a free market system, preventing government intervention in fuel pricing, with the recent subsidy being the sole exception.