October Release of the Energy Cost Indicator for German Industry

  • German industry faces even lower costs per production unit for energy than in spring
  • Significant reduction in costs for oil and gas
  • Energy intensive industries benefit disproportionally from decreasing prices

october-ekiBERLIN – Despite partially increasing prices for fuel, the relative energy cost burden on German industry reached its lowest point in many years in August. Compared to March 2016, the energy cost index (EKI) fell by 4.3%, and is now at its lowest level since calculations began in 2010. These are the results of the most recent analysis by the Öko-Institut and the German Institute for Economic Research (DIW Berlin) on behalf of the European Climate Foundation.