Energy Prices

Energy Prices

Quality-adjusted Energy Prices for Final Use

pE

Unit: Index (average price at local currency unit in 2015=1.0 in each country). Period: January 2015–December 2024. Notes: The dotted line represents forecasts for April–December 2024. Quality-adjusted energy price is defined as the implicit Translog index. The prices are seasonally adjusted and include taxes and subsidies.



Sources of Energy Price Changes

1. Asia (China, Japan, and South Korea) and the U.S.

Unit: Index (price at local currency unit in January 2015=1.0 in each country). Period: January 2015–March 2024. Note: The prices are seasonally adjusted and include taxes and subsidies.



2.  EU (Germany and France) and the UK

Unit: Index (price at local currency unit in January 2015=1.0 in each country). Period: January 2015–March 2024. Note: The prices are seasonally adjusted and include taxes and subsidies.



Copyright© Nomura Lab at Keio Economic Observatory (KEO), Keio University, Tokyo. All Rights Reserved.