The Ministry of Finance and Public Credit (Secretaría de Hacienda y Crédito Público) raised the IEPS on Magna and Premium gasoline for the week of October 24 to 30, 2026, while fiscal support for diesel reached 9.99 pesos per liter. The adjustment was published in the Diario Oficial de la Federación on Friday, October 23.
It is the second consecutive week with an increase in the Magna gasoline rate, according to Expansión. The Ministry sets the rates and incentives every Friday based on the behavior of international oil prices, a mechanism in place since the first week of April 2026. The fiscal stimulus is the portion of the rate that is discounted from the IEPS the motorist pays. The adjustment touches two costs that feed into Mexico's productive chain: household spending on gasoline and the costs of freight transport companies that run on diesel, according to El Economista.
The Magna rate rose from 2.71 to 3.46 pesos per liter, with a fiscal stimulus of 3.24 pesos equivalent to 48.3% of the rate. For Premium, the rate rose from 1.91 to 2.78 pesos, with a stimulus of 2.88 pesos, or 50.8%. Diesel holds a zero rate for the seventh consecutive week: the 100% stimulus equals 7.36 pesos per liter and the complementary support rose from 2.35 to 2.63 pesos, for a total of 9.99 pesos. With these rates, Magna pays 51.69% of its annual maximum rate and Premium 49.18%, according to El Economista. The annual ceilings are 6.70 pesos for Magna and 5.66 for Premium.
The Ministry publishes the adjustment every Friday, effective for seven days. The next update will cover October 31 to November 6 and will determine whether the gasoline rate sustains the upward trajectory of the past two weeks. The annual ceiling of 6.70 pesos on Magna marks the margin remaining for the rate.
This article was drafted with the assistance of artificial intelligence from verified sources and reviewed by a human editor before publication.