VIENNA. Household energy prices were 50 percent higher in October than a year earlier, according to the energy price index calculated by the Austrian Energy Agency. November figures indicate a slight easing in fuel prices, at least in the short term, while the upward trend in pellet prices is likely to have stopped for the time being.
In October, the price of pellets and gas increased the most compared to the year before (see chart). Electricity and petrol showed the smallest increases.
According to the Energy Agency, the wholesale markets for electricity and gas have calmed down again after a turbulent summer. However, the price level is still significantly higher than before the start of the Ukraine war or the corona pandemic. At the same time, many providers continued to announce further price increases. “Here, the price distortions of the last few months do not seem to have been fully passed on to all customers,” said Franz Angerer, Managing Director of the Energy Agency, according to the press release.
more from economy
Mass or transmission: Dispute about the future of general meetings
Metro and Rotax shake off the consequences of the cyber attacks
The business with the ecological business
More than £100m fine against Santander in London
My themes
For your saved topics
found new items.
info By clicking on the icon you add the keyword to your topics.
info
Click on the icon to open your “My Topics” page. They have of 15 tags saved and would have to remove tags.
info By clicking on the icon you remove the keyword from your topics.
Add the theme to your themes.
Source: Nachrichten
