The fall in the price of gas, capable of driving down the cost of bills in the coming months with a reduction between 30% and 40%, will have positive effects on the general levels of inflation in Italy, which could reach below 7% of the average level in 2023. In the absence of the imminent and desired reduction in the price of gas, the average inflation this year would have reached 7.2%. This new trajectory could accelerate the return of the consumer price index of our country towards 2%, a hypothesis imaginable only towards the end of 2024 until now, as estimated by the Unimpresa study center. In fact, according to the Center, if the reductions in the average price of gas in January are confirmed by the Italian Regulatory Authority for Energy, Networks and Environment (ARERA) in the coming days, the cost of the bills could benefit from a cut between 30% and 40%. This significant decrease could have a positive impact on the general level of inflation in Italy: without the reduction in the price of gas, the consumer price index would have remained around 7.2% on average in 2023, while now it is likely to predict an annual average below the threshold of 7%.
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