
As the government prepares to shelve the excise duty cut, average prices continue to rise on the national road network.
AI-generated summary
The Italian government is planning to overcome the general measure of cutting excise duties on fuel.
MILAN – While the government prepares to shelve the excise duty cut, the price of fuel continues to grow and reach new records.
Based on the latest data collected by the Mimit Price Observatory, today the average price of fuel in 'self service' mode along the national road network is equal to 2,100 euros per liter for petrol and 2,208 euros per liter for diesel. Yesterday they were respectively at 2.086 euros and 2.193 euros. On the motorway network, however, the average self-service price is 2.192 euros per liter for petrol (yesterday 2.176 euros) and 2.285 euros per liter for diesel (yesterday 2.268 euros).
A few days ago the government renewed the excise duty cut on diesel, extending it until September 17th. At that point the executive should intervene through targeted aid for the most vulnerable families.
AI outlook — possibilities, not facts
End of excise duty cut on diesel on 17 September
Likely · Within weeks

New increase in fuel prices in Italy. According to Mimit data, self-service petrol rises to 2,100 euros per liter and diesel to 2,208 euros on the national road network.

The installation of air conditioners with heat pump can take advantage of various tax breaks: the renovation bonus offers deductions of 50% for the main residence and 36% for other properties until 2026, the ecobonus provides the same rates but requires the replacement of an existing winter system with a high efficiency appliance, while the Thermal Account can provide up to 65% of the expense, variable based on the climate zone and the technical characteristics, with single payment for amounts up to 15,000 euros.

From 2027, the safeguard clause which allowed the most favorable tax regime between the current one and that of 2006 to be applied to severance pay will be eliminated. Taxation will be determined exclusively by the current rules, with possible negative effects for workers with long seniority and medium-high incomes. The impact depends on the individual's tax position and the date of termination.

Fitch affirms Italy's BBB+ rating with stable outlook, citing a large and diversified economy, institutional and financial stability since joining the EU and the euro, high levels of wealth and relatively strong governance, offset by a high public debt burden and limited medium-term growth prospects. The agency forecasts an average GDP of 0.8% in 2026-28, a peak in the debt-to-GDP ratio at 138.2% in 2026 and a gradual decline from 2027, supported by primary surpluses and moderate nominal growth.

The second pronouncement of the year on the Italian rating by the Fitch agency is expected in the evening, after the confirmation of the BBB+ level with a stable outlook on March 13th. The previous judgment was supported by a large and diversified economy, by the institutional and financial stability linked to membership of the EU and the Eurozone, and by high levels of wealth and governance, counterbalanced, however, by very high public debt and limited medium-term growth prospects.

Piazza Affari closes up by 1.36% led by Avio, Prysmian and Inwit, while the energy sectors retreat. The FTSE MIB benefits from the drop in oil prices and American inflation data without negative surprises. Outside the main basket, Bff gains 6% and Moltiply loses 7%.