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Figure
Methodology:
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1. From the mass consumption, calc the volumetric consumption by fuel by country |
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2. Calculate the weighted average price for all countries: |
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Multiply the price by the consumption |
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Summate for all countries |
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Divide total by the total consumption (where prices are non-zero) |
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3. For the real prices, divide each price by the appropriate HICP (2005 = 1) and repeat 2 |
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4. 'Gasoline' equivalent price is obtained by: |
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Multiply the fuel price by the consumption and divde by its energy relative to unleaded petrol |
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Summate for the three fuels and divide by the total consumption |
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Rights:
Owners:
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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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