Czech natural gas prices to rise 7.4 pct in Jan

03.12.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Czech natural gas prices for households will rise 7.4 percent on average from January, after a 4.8 percent increase in October, the...

...country's dominant gas supplier RWE Transgas said on Monday.

Overall price rise for households, and small and mid-sized customers will grow 7.8 percent, up from a 5.0 percent rise in October. Gas prices in the Czech Republic are set quarterly.

Rising prices for gas, electricity, foodstuffs and a sweeping tax overhaul involving a sales tax hike are expected to boost Czech inflation towards 6 percent early next year, from 4 percent in October.

The Czech Republic has liberalised its gas market, but RWE Transgas, a fully-owned unit of Germany's RWE , is the dominant importer and distributor. (Reporting by Petra Vodstrcilova; Writing by Marek Petrus)

Keywords: CZECH GAS/

[PRAGUE/Reuters/Finance.cz]

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