Domenica, 21 Ottobre 2018

Italy's fuel consumption plunges at 1955 rates


(ANSA) - Rome, July 16 - Italian drivers have cut back so
much that fuel consumption has plunged at a rate not seen since
Rebel Without A Cause was playing in movie theatres.
Not since 1955 has gasoline and diesel fuel consumption
fallen so quickly as in the first half of 2012, the Centro Studi
Promotor said in a report released Monday.
From January to June, gasoline and diesel-fuel consumption
dropped by a combined average of 9.7%, said the CSP, an
automotive research centre that first began collecting such data
in 1955.
It blamed the economic crisis for the six-month drop in
fuel consumption that included a 10.3% drop in gasoline sales
and 9.4% in diesel.
Despite lower consumption, higher prices in the first six
months of 2012 pushed total spending on gasoline and diesel up
by 8.8% to 33.5 billion euros over the period.
Tax revenues from fuel consumption also rose by a whopping
18.6% to reach 18 billion euros.
The economic crisis is hitting hard, the centre said.
"In 2012, therefore, not only car sales are in strong
decline (-19.7% for passenger cars in the first half, -37.9% for
commercial vehicles, buses and industry from January to May),
but also the use of cars and vehicles," the centre said.

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