Energy Prices Rise Steeply

Business › Economy ♦ Published: November 2, 2010; 13:23 ♦ (Vindobona)

An increase of 6.7% was recorded for energy prices in the yearly comparison. The relevance of alternative energy sources will increase significantly in future, as energy price increases are expected to continue in the long term.

Energy Prices Rise Steeply / Picture: © Petrol

While energy prices rose by 6.7% in September 2010 compared with September 2009, the consumer price index, a measure of inflation, only rose by 1.9%. Especially all fuels and heating oil have risen dramatically. But gas, however, is cheaper than before. This is what is shown by the EPI (energy price index).

Gasoline increased by 9.4 to 9.5%, diesel by 12.6%. The price of…

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