Petrol excise tax cut, extended until 5 October to contain prices

Measures to reduce the final price of fuels remain in place. But consumers believe more lasting action is needed. Diesel prices are once again rising dramatically

The cut in fuel excise duties remains in effect. The Minister of Economy and Finance, Daniele Franco, and the Minister of Ecological Transition, Roberto Cingolani, have signed the Interministerial Decree which extends the measures currently in force to reduce the final price of fuels until 5 October. Thus, the cut of 30 cents per liter for petrol, diesel, LPG and methane for motor vehicles is extended up to that date. But the price of fuel does not seem to be holding back.

Soaring for diesel

Diesel users pay more. In the week from 22 to 28 August there was a surge in the price of diesel for cars which returned to above € 1.80 (+ 3.69% on the previous week) while gasoline had only a small adjustment all up to € 1.76 (+ 0.70%). And the cost of heating oil also rose to 1.870 euros in the week closed yesterday, up 4.28% (+7.68 cents) on the week before, according to data from the Ministry of Ecological Transition (Mite).