Cheaper Energy Prices Contribute in Reducing Inflation - Market Pulse - magz.tempo.co

maaf email atau password anda salah

The Ironic Boon of Global Warming

Monday, January 23, 2023

Falling energy prices pushed inﬂation lower around the world. Indonesian consumers are also enjoying the good effects of cheaper energy prices.

Ilustration Imam Yunianto. tempo : 173055029277.

THERE has been an unexpected boon as the planet earth is getting hotter. This time, winter in Europe is warmer than previously estimated. Since there is no jump in energy needs for household heaters, the price of natural gas slumped across Europe.

Going as high as US$48 per metric million British thermal unit (mmbtu) last December, the price of natural gas in Europe dropped to US$19 per mmbtu last week. Stocks in storage tanks are still at 80

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

*You Save -Rp 102.000
*Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

*Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed?
To receive daily news by Email,

Energy Global Warming weekly economic review Economic Recovery inflation

Prev Next

More Articles

New Vehicles from New Players

Tempo English Monday, January 23, 2023
The Ironic Boon of Global Warming

Tempo English Monday, January 23, 2023
The Thorn of Migrant Workers in Anwar’s Shoes

Tempo English Monday, January 23, 2023
Wrong Subsidies for Electric Vehicles

Tempo English Monday, January 23, 2023

More exclusive contents

October 28, 2024
October 21, 2024
October 14, 2024
October 7, 2024

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.