Austrian Gas Price Index at a New High

BusinessCommodities ♦ Published: February 26, 2011; 13:54 ♦ (Vindobona)

The Austrian gas price index ÖGPI(C) recorded a significant increase in March 2011 in comparison with the previous month, rising to 117.16 points.

Austrian Gas Price Index at a New High / Picture: ©

The natural gas price index, first released by the Austrian Energy Agency in March 2010, is both a guide for energy suppliers and information for household and small business customers about the trend in gas prices, allowing them to have an outlook on the expected evolution of gas prices in the short term.

The method of calculation is standard and contains key price indicators…