Energy inflation in Latin America and the Caribbean hits 8.33% as diesel matches gasoline prices for the first time

FinanceInternationalDiario del SurOct 24, 2026, 10:44 AM40 s readAI summary

Annual energy inflation in Latin America and the Caribbean rose to 8.33% in August 2026, its highest level in 12 months, while overall annual inflation stood at 4.43%, according to OLACDE. For the first time, the average diesel price matched gasoline at US$1.41 per liter. The increase is attributed to the resumption of the conflict in the Middle East in late July, after the ceasefire between Iran and the United States broke down.

In 40 seconds

Annual energy inflation in LAC reached 8.33% in August 2026, its highest in 12 months, against overall inflation of 4.43%.
Diesel matched gasoline prices for the first time, at an average of US$1.41 per liter.
Since February 2026 diesel has accumulated a 26% increase and gasoline 18%, closing the gap between the two.

Read the full story at Diario del Sur

IASummary generated by artificial intelligence from a story by Diario del Sur. It may contain errors: the original source prevails.

inflación
combustibles
diésel
petróleo
América Latina

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Energy inflation in Latin America and the Caribbean hits 8.33% as diesel matches gasoline prices for the first time

In 40 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day