Economic Buzz: EU Household gas prices dip 8.1% in first half of 2025 compared to second half of 2024

An official update noted today that in the first half of 2025, household gas prices in the EU fell to ?11.43 per 100 kWh from ?12.44 in the second half of 2024, dropping by 8.1%. This signals a return to the seasonal fluctuations of gas prices, characteristic of the period before the 2022 energy crisis. The percentage of taxes and levies in the final gas prices has slightly increased from 30.0% in the second semester of 2024 to 31.1% in the first semester of 2025, indicating a further scaling back of subsidies ? mainly in the form of tax reductions ? implemented during the previous semesters. Prices edged up marginally by 3.53% compared to first half of 2024.

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