New extension for the cut of excise duties from 30 cents on fuel up to 18th November 2022. This is what is communicated by a decree-law approved on Wednesday 19 October by the Council of Ministers, on the proposal of the premier still in office Mario Draghi and the minister of economy and finance Daniele Franco. The provision would lose effect on October 31st.
In order to counteract the continuation of the energy crisis and, in particular, the increase in fuel costs extends the reduction of excise rates on petrol and diesel. The tax discount provides for a cut in excise duty on fuel from 25 cents per litre, which with the effect on VAT (calculated on the price including excise duty) translates into a discount of around 30 cents for the consumer. The cut is worth 8 cents of excise duty on LPG and just under 10 cents overall, while on methane the excise duty is zeroed with the reduction of VAT to 5%.
Gasoline and diesel prices stable on the network, methane down
The extension comes on a day of calm on the distributor network. In detail, based on the elaboration of Quotidiano Energia of the data communicated by the operators to the Observatory prices of the Mise, Updated at 8am on October 18th, the national average price of petrol in self-service mode is 1,704 euro/litre, with the various brands ranging between 1,691 and 1,714 euro/litre. The average price of diesel self is 1,892 euro/litre (against 1,894), with the companies between 1,875 and 1,900 euro/litre (no logo 1,897).
As for the fuel served, the average price charged for petrol is 1,852 euro/litre (1,853 the previous figure), with colored systems charging prices between 1,779 and 1,919 euro/litre. The average diesel served goes to 2,035 euros/litre (against 2,037 yesterday), with the companies' points of sale charging average prices between 1,977 and 2,081 euros/litre.
The prices charged in LPG they are positioned between 0,785 and 0,806 euro/litre. Finally, the average price of the methane auto is, as mentioned, down, falling between 2,651 and 3,258.
