Falling Fuel Prices Pull Inflation Down
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.6 Articles
6 Articles
On average, fuel prices in the EU were nearly 14 percent higher in June than a year earlier. In several countries, the price increase was well over 20 percent. In Hungary, the price cap kept prices at exactly the same level as a year earlier.
The price of fuel for private vehicles in Spain increased by 7.9% in June compared to the same month of the previous year, the third lowest increase in the whole European Union, only behind Hungary (+2.3%) and Poland (+5.8%), according to data published this Wednesday by Eurostat. The increase recorded in Spain was also 5.8 points below the EU average, where fuels and oils rose 13.7% year-on-year, although the rate of increase was moderated comp…
The renewed escalation of the Iran conflict has recently caused oil and fuel prices to rise sharply again. On Tuesday, diesel cost a median of €1.989 per liter and gasoline €1.864 across Austria, according to data from E-Control. An expansion of the fuel price cap is now being debated again in political circles. However, none of the three governing parties has yet made a public commitment to this. Initial negotiations are expected to take place,…
Falling fuel prices pull inflation down
Pressure on consumer goods eased across June Fuel costs have fallen for the first time since the outbreak of the conflict in the Middle East, according to new data from the Office for National Statistics. A DECLINE across motor fuels prices helped to bring down overall inflation throughout the month of June, according to the latest data from the Office for National Statistics (ONS). Covering the 12 months to the end of June, the consumer price i…
In the meantime, Austria's retail prices / energy prices remained above the previous year's level. Energy prices continued to relax in June. The energy price index (EPI) fell by 3.1% compared to May. Despite a falling trend, energy prices remained 5.4% above the June 2025 level. [...] The contribution Energy prices fell by 3.1% in June first appeared on TOP News Austria - news from Austria and the whole world.
Good news for Austria's households: Energy prices fell in June. Especially heating oil and fuels were significantly cheaper than in the previous month. However, the outlook for the whole year shows that the inflation remains noticeable and the trend could soon turn again.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
