From mid-night March 6, consumers in Barbados paid more for gasoline and diesel products. For the first time in recent history, the price of gasoline exceeded $4.00 BDS (approx. $2.00 USD) per litre and is now at $4.13 BDS (an increase of 14 cents/3.5% from February). Diesel has also increased, going from $3.29 to $3.46 (an increase of 17 cents/5.2% from February) (Source: Barbados GIS).
The rest of this post explores this month’s price change in five charts.
Chart 1 Below: Month over Month % Price Variance for Gasoline (2022 Retail Prices).
Chart 2 Below: Month over Month % Price Variance for Diesel (2022 Retail Prices).
Chart 3 Below: Retail Prices for Gasoline and Diesel in Barbados from January 2015 to March 2022 (click image to enlarge).
Chart 4 Below: Retail Prices for Gasoline and Diesel in Barbados showing the months of March from 2015 to 2022.
Chart 5 Below: Retail Price difference for Gasoline and Diesel in Barbados for March 2022.
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