A surge in home energy bills last month drove consumer price inflation in the Irish economy to its highest level in more than two years, the Central Statistics Office (CSO) said on Thursday.
That’s because the energy price cap – which limits the unit rates suppliers can charge – applies only to households on certain tariffs ... Research shows that during previous energy price shocks, profitability declined for many UK firms.
Cyprus’ government has “failed its citizens” on account of the island’s high and rising energy prices, Direct Democracy Cyprus leader Fidias Panayiotou said on Wednesday, as he addressed a European Parliament debate on the matter of energy.
HELSINKI, Oct 6 (Reuters) - Rapid energy inflation across the euro zone has not yet spread to other goods and services, and the recent rise in bond yields is likely to dampen price pressures as it ....