The Secretariat of Finance and Public Credit published an adjustment to the Special Tax on Production and Services (IEPS) for fuels starting January 1, 2026, but both Finance and Energy clarified it won't result in increases for consumers. This change accounts for inflation and upholds the National Strategy to Stabilize Gasoline Prices, aiming to keep Magna below 24 pesos per liter.
Starting January 1, 2026, an adjustment to the Special Tax on Production and Services (IEPS) for gasoline, diesel, and other petroleum derivatives will take effect, as published in the Official Gazette of the Federation by the Secretariat of Finance and Public Credit (SHCP). The new rates are: 6.7001 pesos per liter for Magna gasoline, 5.6579 pesos for Premium, and 7.3634 pesos for diesel. Additionally, the state IEPS will adjust to 59.1390 cents per liter for Magna, 72.1605 for Premium, and 49.0817 for diesel.
However, the SHCP and the Secretariat of Energy (SE) issued a joint statement clarifying that this inflation-based update will not lead to price increases for consumers. 'The Secretariat of Finance and Public Credit, as well as Energy, reaffirm the validity of the Strategy to Stabilize Gasoline Prices,' the document states. This strategy, a voluntary pact with gas station owners, keeps regular gasoline (Magna) below 24 pesos per liter, renewed by 98% of stations last September by President Claudia Sheinbaum.
The agreement involves institutions such as the Secretariat of Environment and Natural Resources, the Energy Regulatory Commission, the SAT, Profeco, the ASEA, and Pemex. Factors like international oil prices, logistics, and profit margins affect the final cost, but stabilization mitigates impacts. For LP gas, IEPS will rise for propane (10.1248 cents per liter) and butane (13.1025 cents), though prices vary by state according to the National Energy Commission.
