Overview
- EU average diesel rose to €2.23 per litre after Thursday's Commission data analysis by AFP showed 19 member states recording their highest pump prices on record.
- The European Central Bank says energy-driven price pressures and higher refining margins are likely to keep headline inflation above its 2% goal through the first half of 2027.
- Italy's average retail fuel prices remain above the EU mean because of larger tax components, with petrol at €1.81/L and diesel at €1.887/L and taxes of about €0.964/L for petrol and €0.941/L for diesel.
- Italy's MIMIT fuel observatory reports small falls in self-service prices on the national road network while motorway diesel rose, with road diesel at €2.338/L and motorway diesel at €2.419/L.
- Prices vary widely across the bloc, from Sweden and the Czech Republic among the cheapest to Denmark and Finland among the most expensive, a gap that affects household budgets and could weigh on consumer spending and broader inflation dynamics.