Energy prices in the EU, H1 2017, Eurostat

Page created: Wednesday, 29 November 2017 10:34GMT | Updated: Wednesday, 29 November 2017 10:42GMT

Press Release:  29 November 2017 - 6 Page(s)
Energy Prices  Eurostat   Household Prices  Natural Gas

In the European Union (EU), household electricity prices slightly decreased (-0.5%) on average between the first
half of 2016 and the first half of 2017 to stand at €20.4 per 100 kWh. Across the EU Member States, household
electricity prices in the first half of 2017 ranged from below €10 per 100 kWh in Bulgaria to more than €30 per 100
kWh in Denmark and Germany.

When expressed in purchasing power standards (PPS), an artificial common reference currency that eliminates
general price level differences between countries, it can be seen that, relative to the cost of other goods and
services, the lowest household electricity prices were found in Finland (12.8 PPS per 100 kWh), Luxembourg
(13.5) and the Netherlands (14.2), and the highest in Germany (28.7), Portugal (28.6), Poland (25.9), Belgium
(25.6) and Spain (25.4).

Largest fall in gas prices in Croatia and Portugal, highest increase in Estonia
Between the first half of 2016 and the first half of 2017, household gas prices in national currency decreased in a
large majority of Member States. The largest falls were recorded in Croatia (-17.5%), Portugal (-15.3%),
Lithuania (-11.6%), Latvia (-10.8%) and Bulgaria (-10.3%). In contrast, the highest increase was observed in
Estonia (+21.1%), followed by Denmark (+12.7%) and Sweden (+10.8%).

Original title:  Household energy prices in the EU down compared with 2016

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