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[BUSINESS] · Italy · 13 sources

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Italy families face 633-euro autumn cost increase

Italian families are facing a significant financial burden this autumn, with the consumer association Codacons estimating an additional cost of 633 euros per household between September and November. This spike is primarily driven by soaring energy costs: electricity prices have jumped 60.7% to 180 euro/MWh, while the Psv gas index has increased by 109% to approximately 0.750 euro/Smc. These energy hikes are expected to add 205 euros to average utility bills.

Other major expenses include fuel, with diesel and gasoline costs potentially rising by 145 and 93 euros respectively for a typical driver. Food prices are also under pressure; data from Sole 24 Ore indicates that food spending has risen 29.5% over the last five years, with significant increases in items like coffee (+51%) and vegetables (+39%). Additionally, the return to school adds pressure, with estimated costs for books and supplies reaching up to 1,300 euros per student.

To mitigate these costs, Altroconsumo reports that families can save up to 3,790 euros annually by strategically choosing discount retailers like Eurospin or utilizing store-brand products. Meanwhile, rising costs have also increased vulnerability to fraud, with reports indicating millions of Italians have fallen victim to deceptive energy contract schemes.

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ARERA · Altroconsumo · Codacons · Eurospin · Italy · Sole 24 Ore

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