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Diesel Prices Rise Slightly After Excise Tax Cut Halved

Adam ·
Diesel Prices Rise Slightly After Excise Tax Cut Halved

Diesel fuel in Italy reached €2.357 per litre, with highway prices at €2.439, after the government halved the excise tax increase.

Key takeaways

  • Price level: Diesel now costs €2.357 per litre nationwide.
  • Highway surcharge: The price at service stations on motorways is €2.439 per litre.
  • Tax adjustment: The excise duty increase was reduced by 50%.
  • Net effect: The rise in retail price is smaller than the original tax hike.
  • Consumer impact: Drivers face a modest increase despite the tax cut.

Excise tax reduction

The government announced a 50% cut to the planned increase in diesel excise duties. The measure was intended to ease the cost burden on motorists while still raising revenue.

Resulting fuel prices

Following the tax adjustment, the average retail price of diesel settled at €2.357 per litre. Stations located on highways reported a higher price of €2.439, reflecting additional distribution costs.

Comparison with tax hike

Analysts note that the price increase is less than the full amount of the original tax rise, indicating that the partial tax relief softened the impact on consumers.

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