Data published by Eurostat (the Statistical Office of the European Union) on Thursday, 10 February, indicate that consumer prices for electricity, gas, and other fuels increased 25% between December 2020 and December 2021.
During this period, energy import prices in the euro area more than doubled (115%). Prices for domestic industrial production increased nearly three quarters (73%).
This development sharply contrasts with the relative stability of energy prices between 2010...