The slowdown in July’s year-on-year inflation, from 3% to 2.8%, is not enough to reassure consumers. “It’s an optical illusion,” comments the president of the National Consumers Union, Massimiliano Dona, on the preliminary data just released by Istat.
Read more Bag, ten groups running for Catania and Comiso
Ask the Sun
The questions are automatically suggested by 24Ore AI
based on the content viewed.
The weight of fuels
The main impact on the picture comes from fuels, whose statistical survey – says Dona – stops on the 21st of the month. Prices confirm the alarm: on July 1st gasoline was at 1.806 euros per liter and diesel at 1.884 euros; by the end of the month, before the 17-cent cut on diesel excise duties on July 27th, they had risen respectively to 1.982 and 2.185 euros.
Read more Russian attack on Kiev during the night, 9 dead and 28 injured
On July 31st the values settled at 1.995 euros for gasoline and 2.080 for diesel: an increase that Istat surveys would not intercept.
The consequences on the wallet
On the wallet front, the National Consumers Union translates the year-on-year inflation of 2.8% into an increase of 1,008 euros annually for a couple with two children: 157 euros for food products and non-alcoholic beverages, 246 for transport, 281 for housing, electricity and gas, 112 for catering and accommodation services, 171 for the overall shopping cart. For a couple with one child the increase drops to 933 euros; the average per family stands at 732 euros.
Read more “Free to choose”, from August 9 protections for minors who want to break free from mafia contexts
