Prices of Household Energy Up 9.8% in June

BusinessEconomy ♦ Published: July 19, 2011; 22:20 ♦ (Vindobona)

Fuel, heating oil and gas were identified as main price drivers. Compared to the last month, a slight decline in energy prices was registered.

Prices of Household Energy Up 9.8% in June / Picture: © Vindobona.org

In June 2011, Austrian households had to pay 9.8% more for energy than in June 2010. This is the result of the latest energy price index (EPI) calculated by the Austrian Energy Agency. Fuel, heating oil and gas were identified as main price drivers. Compared to May 2011, prices of household energy fell by 0.5%.

Energy price hikes were clearly above the overall inflation rate. The…