Mexico Cuts Fuel Subsidies for Regular Gasoline and Diesel in Late June
Mexico City — Mexico’s Finance Ministry (SHCP) announced Friday the updated fuel subsidy percentages and amounts for the week of June 20-26, reducing support for regular gasoline and diesel while keeping Premium gasoline at zero subsidy.
The fiscal stimulus percentages for fuels, published in the Official Gazette of the Federation (DOF), are as follows:
Regular gasoline (Magna): 9.89%
Premium gasoline: 0.00%
Diesel: 20.89%
In peso terms, the federal government’s subsidy per liter for the period is:
Regular gasoline: 0.6626 pesos
Premium gasoline: 0.0000 pesos
Diesel: 1.5382 pesos
Compared to the previous week, the subsidy for regular gasoline dropped from 15.22% to 9.89%. Premium remained at 0%, and diesel support fell sharply from 39.10% to 20.89%.
The government provides these subsidies by reducing or eliminating the Special Tax on Production and Services (IEPS). The aim is to shield consumers from international oil price increases, not only at the pump but also to prevent higher transportation costs for basic goods.
The adjustments are based on decrees published in the DOF.
Laura Castillo covers tourism, business, and economic development across Cancún, Playa del Carmen, Tulum, and the wider Riviera Maya for Riviera Maya News & Events. She tracks the region's most important business stories — from hotel investments and airline route expansions to real estate market trends and local economic policy — helping English-speaking readers stay informed about the economic pulse of Mexico's Caribbean coast.Laura has been reporting on Quintana Roo's tourism sector since 2020, closely monitoring developments in Cancun's hotel zone, Tulum's rapidly growing commercial corridor, and the evolving business landscape in Playa del Carmen. Her coverage includes corporate investments, employment trends, infrastructure projects, and the economic impact of events like sargassum seasons and hurricane preparation.Before joining Riviera Maya News & Events, Laura worked in business development and market analysis in the Riviera Maya region, giving her first-hand insight into how tourism, real estate, and local commerce intersect. She is fluent in English and Spanish.For story tips: laura@rivieramayanews.mx
