Āé¶¹ĪŽĀė°ę

News Digest Item
15 Sep 2016

ā€œPetrol and heating oil prices drop again in Augustā€

European Climate Foundation / Bild Zeitung / dpa

Āé¶¹ĪŽĀė°ę prices for German consumers dropped by 0.9 percent in August, following a decrease of 1.2 percent in July. While prices for petrol and heating oil went down, electricity prices remained stable, according to the European Climate Foundation’s (ECF) Āé¶¹ĪŽĀė°ę Price Monitor, Bild Zeitung writes based on a dpa report. The decrease was caused by rising euro exchange rates and lower profit margins for the oil industry, writes Bild.

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