Figure
Nominal and real fuel prices (EU-27) (EUR/litre)
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Methodology:
1. From the mass consumption, calc the volumetric consumption by fuel by country
2. Calculate the weighted average price for all countries:
Multiply the price by the consumption
Summate for all countries
Divide total by the total consumption (where prices are non-zero)
3. For the real prices, divide each price by the appropriate HICP (2005 = 1) and repeat 2
4. 'Gasoline' equivalent price is obtained by:
Multiply the fuel price by the consumption and divde by its energy relative to unleaded petrol
Summate for the three fuels and divide by the total consumption
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- EEA standard re-use policy: unless otherwise indicated, re-use of content on the EEA website for commercial or non-commercial purposes is permitted free of charge, provided that the source is acknowledged (https://www.eea.europa.eu/legal/copyright). Copyright holder: European Environment Agency (EEA).
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Owners:
- European Environment Agency (EEA)
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Figure type:
- Graph
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For references, please go to https://www.eea.europa.eu/data-and-maps/figures/nominal-and-real-fuel-prices-3 or scan the QR code.
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