Confesercenti alarm, shocks in the last 4 years have cost 2,400 euros per family
President Nico Gronchi's warning to the 2026 Assembly: heavy repercussions on families and small businesses
Quick Look
Four years of crises and energy shocks have cost Italy almost 52 billion of real GDP and 2,400 euros per family, according to the alarm raised by Confesercenti in Rome.
AI-generated summary
Why It Matters
Four years of international tensions and energy shocks have weighed on the national economy.
Four years of international tensions, energy shocks and inflation have cost the Italian economy almost 52 billion in real GDP, around 2,400 euros per family and over 34 billion in lower consumption.
The president of Confesercenti, Nico Gronchi, raised the alarm during the 2026 Assembly of the association in Rome, underlining how the tax pressure and high energy costs continue to strangle small and medium-sized businesses and families and putting forward proposals such as the tax relief on thirteenth wages and the stabilization of energy costs. Between January and September 2026, the wholesale cost of electricity, the association highlights, increased by 57%, while that of gas has more than doubled. Since the beginning of the year, petrol has increased in price by 28.6% and diesel by 30%.
International energy prices are 90% higher than a year ago and, as highlighted by Gronchi, "wholesale electricity in Italy costs over 40% more than in Germany, France and Spain". Since 2022, energy costs alone have subtracted over 30 billion from consumption, to which must be added 500 million in higher costs for mortgages and variable rate financing linked to the ECB's price increases in 2026.
What to Watch
AI outlook — possibilities, not facts
Request for tax relief on thirteenth wages and energy stabilization to the government
Likely · Within months
Open Questions
- What measures will the government take to stabilize energy costs?
- Will tax relief be introduced for thirteenths?
