In 2023, Italians risk facing an average sting of +2,435 euros per family due to price and tariff increases which, unfortunately, will also continue in the course of the new year. A figure that does not take into account possible increases in electricity and gas bills, the trend of which will depend on the market and on the effectiveness of the new price cap measures and those that the Italian government will adopt in the coming months. This was stated by Codacons, which today provides estimates of the higher expenses that await consumers in the new year.
All analysts agree that the energy crisis will make its effects felt also in 2023, with direct consequences on retail prices and on services tariffs – explains Codacons – In particular, the price lists of food products will remain at high levels, while other expenditure items, from insurance to telephone services, will reverse the downward trend in the new year and will return to record increases. Not only that: even mortgage payments are destined to undergo further increases as a result of the decisions – already announced – of the ECB, recalls the association.
To all this must be added the increases in tolls and fuel which will aggravate the sting on the pockets of the Italians. Taking into consideration the main expenditure items borne by citizens, for food, which represent the primary consumption of families, in 2023 retail prices should begin a slow decline compared to current records, but will still remain at high levels, determining equal consumption an increase in spending estimated at around +507 euros per year per family – analyzes Codacons – It will cost more to travel (+490 euros on average) due to the transport sector tariffs which are affected by the energy crisis and the stop to cut excise duties on fuel, while for accommodation and catering services the increases will be more limited and will produce a greater outlay of around 76 euros per household.
Here are the increases calculated by the consumer association in detail:
Source: Ansa
I am a journalist who writes about economics and business. I have worked in the news industry for over 5 years, most recently as an author at Global Happenings. My work has focused on covering the economy news, and I have written extensively on topics such as unemployment rates, housing prices, and the financial crisis. I am also an avid reader and have been known to write about books that interest me.
