Electricity prices are rising: This is how households are reacting to the new inflation!

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Find out how inflation in Austria will remain moderate in 2025 and what factors influence energy prices.

Electricity prices are rising: This is how households are reacting to the new inflation!

The price screw is turning again! Despite a temporary calming in inflation, which fell to the target of 2% in December 2023, there is now alarming news: inflation is pointing upwards again! According to a current flash estimate from Statistics Austria, the price increase is due to services that have become more expensive by an average of 4.6%, reports Today.at. Households in particular have to be careful, because energy prices in particular are facing a noticeable increase. Consumers can prepare for rising electricity and network costs, especially after the electricity price cap expires.

Increase in inflation despite reduced energy prices

Although energy prices are currently 7% lower than in December 2023, new price pressures are already being predicted, which could put a severe strain on families' budgets. The main reason for the uncertainty is the sharp rise in network costs, which are now being felt in full. Excitingly, prices for food, tobacco and alcohol have also increased only slightly, which is reassuring compared to general inflation regional-photovoltaik.de demonstrated in their analyses.

Renewable energies in focus