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As summer comes to an end, Italian families are bracing for a significant spike in utility bills, a warning echoed by Federconsumatori amid anticipated price increases.
According to calculations by Federconsumatori, families are expected to spend an average of €2,970.35 in the September-November quarter, roughly €45 more than last year when costs surged dramatically.
The reasons behind the soaring bills remain consistent: rising raw material prices, general inflation, market uncertainties, and the ongoing war in Ukraine, compounded by the precarious situation in the Middle East.
This lethal mix is predicted to push household expenses to nearly €3,000 for utility bills and the second installment of the Tari tax, all while wages stagnate.
With the season for bonuses and tax breaks over, utility bills are again becoming a weighty burden for Italian families.
Federconsumatori’s analysis reveals that households will be shelling out about €3,000 through November.
This calculation, provided by the National Observatory of Federconsumatori, highlights that, despite a decline in energy prices, overall autumn expenses are set to rise.
Families will face a substantial increase in their bills, projected at €2,970.35, which is €45.65 more compared to autumn 2023, a period marked by significant hikes.
The various spending categories in this significant outlay include utility bills, Tari tax, heating costs, school materials, and healthcare expenses, as many patients postpone medical appointments until after their summer holidays.
Alarmingly, due to rising healthcare costs (+1.4%), a growing number of individuals are forgoing necessary treatments.
A recent Deloitte report highlighted that 29% of respondents had to skip medical care in the past year.
On top of these burdens, food prices are also set to rise this autumn, driving grocery costs up to €1,629.
Conversely, there is slight relief in fuel prices, despite still being significantly higher than pre-war levels in Ukraine.
To mitigate this impending financial hardship, Federconsumatori advocates for the government to implement strategies aimed at reducing existing inequalities.
This includes contract renewals, pension adjustments, and equitable tax reforms targeting middle and low incomes rather than exclusively benefiting higher earners and the self-employed.
Unfortunately, these calls for action may go unheeded, as issues concerning pensions, salaries, and tax reforms appear to remain distant promises for the government, despite being prominent themes in the election campaign rhetoric of the right-wing coalition.
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