started · updated
Fuel prices and consumption surge in Italy and Brazil
Fuel consumption and prices are seeing significant shifts in Italy and Brazil. In Italy, August data from Unem shows gasoline consumption reached a 15-year high for the month, growing by 3% (24,000 tons). Jet fuel consumption also matched a July record with a 5.8% increase. Conversely, diesel prices in Italy have surged following a government decision to reduce diesel excise tax relief, pushing self-service prices toward 2.30 euros per liter. This price volatility contributes to Italy's 3.3% inflation rate, largely driven by energy costs.
In Brazil, diesel S-10 prices reached a high of R$ 7.13 per liter, the highest level since May, according to ANP. This 2.3% weekly increase is linked to rising international oil prices and increased demand during the soybean planting season. While the Brazilian government has implemented subsidies to mitigate costs, the market remains sensitive to global geopolitical tensions.
Entities
ANP · Basilicata · Brazil · Cifarelli · Codacons · Eni · European Central Bank · Istat · Italy · Mimit · Ministry of Enterprises and Made in Italy · Unem
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] In August, gasoline consumption in Italy grew by 3%, an increase of 24,000 tons, reaching a 15-year high for the month. ameve.eu · automobilemagazine.com.tr
- [● 2 SOURCES] LPG for automobiles saw a 4.9% increase, equivalent to 6,000 additional tons. ameve.eu · automobilemagazine.com.tr
- [● 2 SOURCES] Average consumer prices for gasoline reached 2 euros per liter and diesel reached 2.10 euros per liter in August. ameve.eu · automobilemagazine.com.tr
- [● 3 SOURCES] Jet fuel consumption increased by 5.8%, adding 30,000 tons, matching the absolute record set in July. ameve.eu · automobilemagazine.com.tr
- [● 3 SOURCES] Italian inflation rose to 3.3% in August, driven by energy costs. www.lamiafinanza.it · www.fanpage.it · automobilemagazine.com.tr
- [● 2 SOURCES] Housing prices in Italy increased by 4% compared to the previous year. giornaledellepmi.it · www.fanpage.it
- [● 4 SOURCES] The average self-service price for diesel in Italy reached 2.294 euros per liter on September 18. lecodellitorale.it · www.entilocali-online.it · www.sicurauto.it · www.crotoneok.it
- [● 3 SOURCES] The Italian government extended the diesel excise tax reduction, which will decrease from 17.1 to 12.2 cents per liter between September 18 and September 25. www.sicurauto.it · www.crotoneok.it · lecodellitorale.it