Overview
- National regular gasoline averaged about 23.6 pesos per liter in the first week of January, with market trackers showing little change since January 1.
- Despite higher 2026 IEPS quotas and no federal stimulus for January 1–9, retail gasoline and diesel prices have remained broadly stable.
- The Treasury set specific IEPS rates at 6.7001 pesos/liter for Magna, 5.6579 for Premium, and 7.3634 for diesel, with IVA applied on top of those amounts.
- Analysts report that Pemex likely absorbed part of the IEPS increase at distribution terminals to prevent immediate pump price increases.
- Trading Economics data place Mexico as the most expensive among the world’s 10 largest gasoline consumers, with taxes estimated near 10.28 pesos per liter representing roughly 40–50% of the final price.