Increase in Household Energy Prices Significantly Above Inflation

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The energy price index (EPI) again shows an increase driven by fuel prices.

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Household energy prices increased again in August. Compared to the previous month of July, they rose by an average of 3.6 percent, compared to 9.9 percent year-on-year. This means that the increase was significantly higher than inflation of 3.2 percent. Prices are also slowly approaching the scale of the energy crisis in 2022 and 2022, the Energy Agency [...]

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The energy prices rose by 3.6 percent in August compared to the previous month. According to the Austrian Energy Agency, there is even a new all-time peak in September. Energy prices in Austria are again increasing noticeably. As reported by the Austrian Energy Agency, household energy prices rose by an average of 3.6 percent in August compared to July. Compared to August of the previous year, this means an increase of 9.9 percent – which made e…

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Gearing of fuel and fuel oil prices: household energy prices are rising close to record levels. Prices for electricity, gas and district heating could now rise more strongly.