Thursday, April 14, 2011

Price of gasoline rising, what impact on other expenses?

The increase in gasoline prices has also led to the increase of the products in the supermarket, and then food. The share price of gasoline has reached € 1.632 per liter, while that of diesel 1.50 € per liter, but the problem is that these increases are not ends in themselves. The food products were up 3% from last year and this is because in Italy the majority of commercial transport is still on four wheels.

This means that the costs for transporting products such as fruits and vegetables affects approximately 30 - 35%. Unfortunately, the situation for the foreseeable future does not seem to change, especially this what is happening in the countries of North Africa and Japan. As the situation is becoming untenable for the Italian families that the government must intervene in this regard at least three fronts: by cutting the excise by opening up markets to competition, and tracking the movement of prices charged by oil companies.

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