ECG, the European Vehicle Logistics Association, has made I note the update of the new logistics cost index of Finished vehicles for the first half of 2023, index that is developed by the association with the cooperation of PwC Austria. ECG announced that the index for the first six months of 2023 is of 158.7, indicating an overall increase in the costs of +58.7% from January 2019 to June 2023. In particular, being the Finished Vehicle Logistics (FVL) Cost Index for the first quarter of this year equal to 157.8, in the second quarter of 2023 it is An increase of 0.9 percentage points was marked.

ECG has specified that, with regard to the logistics segment only road, the road cost index for the second quarter of 2023 is equal to 123.1, which indicates an increase in the costs of the +23.1% between January 2019 and June 2023. Relative to the first This year's quarter, the index was higher at 125.7. The association explained that, after reaching record levels, In previous quarters, lower diesel costs had an impact predominantly on the overall reduction in costs detected in the two quarters.

With regard to the sea logistics segment, the cost index seafarers for the second quarter of this year is equal to 245.9, with an overall increase in costs of +145.9% between January 2019 and June 2023. For the first quarter of 2023 the index was lower than 240.0. ECG explained that the growth of Bunker fuel demand due to increased trade Global maritime is the main cause of this development of costs.

As regards the railway logistics segment, the cost index rail for the second quarter of 2023 is equal to 122.1, for an overall cost increase of +22.1% between January 2019 and June 2023. The index for the first quarter of this year was higher than 124.0. The association specified that, after have reached record levels in previous quarters, the Downward cyclical change is attributable to a Reduction in diesel costs which has had an impact on decisive on the reduction of overall costs.

With regard to the forecourt logistics segment, the specific Cost index for the second quarter of 2023 is equal to 116.2, which indicates an overall increase in costs of +16.2% between January 2019 and June 2023. For the previous quarter the index was lower and equal to 115.4. This development - observed ECG - is due to the overall stagnation of cost factors between first and second quarters in this segment.