In December 2024, the domestic producer price for energy in the EU increased by 1.3% compared with the previous month, while it decreased by 1.4% compared with December 2023. However, between January 2021 and December 2024, the price went up by 80.3%. 

For electricity and gas supply, the price saw an increase of 1.6% in December 2024 compared with November 2024, while it dropped by 0.4% compared with December 2023. 

Regarding the extraction of crude petroleum and natural gas, the price went up by 1.6% between November and December 2024. It increased by 7% between December 2023 and December 2024.  

This information comes from data on domestic industrial producer process, published by Eurostat every month.

Domestic output prices for energy in the EI, 2021-2024. Line chart - Click below to see full dataset

Source dataset: sts_inppd_m

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Methodological note

  • The (industrial) producer price index (PPI) is an indicator that measures the monthly change in the trading price of industrial products and related services. As the PPI is an output index, it measures price changes from the producer/manufacturer’s perspectives. In this it differs from consumer price indices, which measure the prices from the point of view of consumers/buyers. 
  • The domestic market is defined as all third parties ordering or buying which are residents in the same national territory as the observation unit from which sales or orders are collected. 

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