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Fuel prices rising, diesel increases with excise duty cuts
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ANSA Economia59 minutes agoBusiness1 min readItalyView original

Fuel prices rising, diesel increases with excise duty cuts

Quick Look

  • Fuel prices in Italy are rising coinciding with the halving of the excise duty cut.
  • Diesel recorded an increase higher than the fiscal one, reaching 2.357 euros per liter in self-service mode on the road network.

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Why It Matters

The halving of the excise duty cut from 12.2 to 6.1 cents caused a rise in fuel prices.

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Fuel prices rise, especially diesel, coinciding with the halving of the excise duty cut (from 12.2 to 6.1 cents). Today's increase also affects petrol but for diesel it is lower than the tax increase.

Based on the latest data collected by the Mimit fuel price observatory, the average self-service price along the road network is 2.158 euros per liter for petrol and 2.357 euros for diesel (yesterday 2.154 euros per liter for petrol and 2.338 euros per liter for diesel). On the motorway network, however, the average self-service price is 2.252 euros per liter for petrol and 2.439 euros per liter for diesel (yesterday 2.247 euros per liter for petrol and 2.421 euros per liter for diesel).

Open Questions

  • What will be the further developments in fuel prices in the coming weeks?

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This article was originally published by ANSA Economia.

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