Eni's repeated diesel price cut signals easing fuel costs, a key inflation indicator.
Context
What happened: Eni cut its recommended diesel price for service stations by 2 cents, bringing the listed price back to €2.19 per litre.
Key numbers: 2 cent reduction. Price falls from €2.21 to €2.19 per litre, the same level as the initial price cap announced on September 25. The official price ceiling remains at €2.25.
Why it matters: The cut returns the listed price to the level of the initial cap announced on September 25, while the company's official price ceiling stays at €2.25.