Diesel, excise duty discount expires. Codacons: "Risk of price increases"

Tomorrow 5 October the 6.1 euro cent discount on diesel excise duties will expire, a tax cut that will give way to the mobile excise duty mechanism and which could lead to increases in diesel price lists.

Codacons reminds us of this, but highlights how discounts and price caps introduced by oil brands have led to generalized price reductions throughout Italy in the last week.

Based on the study by Codacons, an association that monitors price trends in Italy every day, on the ordinary network the average price of petrol decreased in seven days by 11 euro cents, equal to a saving of 5.5 euros per full tank, while that of diesel dropped by 13.3 cents, with a lower cost of 6.65 euros per full tank.

On motorways the drop was more marked, -19 cents for petrol, -19.1 cents for diesel, equal to a saving of around 9.5 euros on a full tank.

However, Italians continue to pay 52.1 euro cents more for a liter of diesel (+30.2%) compared to the period before the conflict in Iran, with an increased expense of over 26 euros at full capacity - calculates Codacons.

The end of the 6.1 euro cent excise duty cut on diesel looms over this situation, a measure that will expire tomorrow 5 October to be replaced by the mobile excise duty mechanism - recalls the association - This is why we ask oil companies to extend discounts and price caps at least until the end of the year, considering that oil prices are still at very high levels and that the conflict in the Middle East does not seem destined to be resolved soon.