Brazil’s gasoline price reached highest level since 2004 -ANP

Gasoline price reached a record high in the country at R$7.27 (US$1.45) per liter, or US$5.50 per gallon. GDP per capita in the US is about 9 times higher than in Brazil. Simply put, fuel costs hurt Brazilians as much as if Americans had to pay almost US$50 per gallon.

RIO DE JANEIRO, BRAZIL -  The average price of gasoline in Brazil reached a record last week: R$7.27 per liter. S10 diesel was the second highest on record: R$6.73. The data comes from the ANP (National Agency for Petroleum, Natural Gas and Biofuels).

Let´s put that into perspective: Gasoline price reached a record high in the country at R$7.27 (US$1.45) per liter, or US$5.50 per gallon. GDP . . .

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