Energy Cost Monitoring
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ECM

The ECM provides a high-frequency indicator — Real Unit Energy Cost (RUEC) and Real Price Level Index for energy (Real PLI) — to measure and compare real energy cost differentials across nine countries: four in Asia (China, India, Japan, and Korea), and four in Europe (France, Germany, Italy, and the UK), and the U.S. The ECM also releases the EITE (Energy-Intensive Trade-Exposed) Output Index.

ECM Brief ECM Database Supplementary Note

Highlights from

Energy Prices

Quality-adjusted Energy Prices for Final Use

Unit: Index (average price at local currency unit in =1.0 in each country). Period: –. Notes: Quality-adjusted energy price is defined as the implicit Translog index. The prices are seasonally adjusted and include taxes and subsidies.

Electricity price

Unit: Index (price at local currency unit in =1.0 in each country). Period: –. Notes: Energy price is defined as the implicit Translog index. The prices are seasonally adjusted and include taxes and subsidies

Sources of Energy Price Changes

Asia (China, India, Japan, and Korea)

Unit: Index (price at local currency unit in =1.0 in each country). Period: –. Note: The prices are seasonally adjusted andinclude taxes and subsidies.

EU (France, Germany, and Italy), the UK, and the U.S.

　
Unit: Index (price at local currency unit in =1.0 in each country). Period: –. Note: The prices are seasonally adjusted andinclude taxes and subsidies