If you take the time to examine your regular expenses, you can more than offset annual price increases for insurance, cell phone rates, and especially electricity and natural gas. In the best case, a family can save more than 4,000 euros (see large graph below).
New year, new happiness – goes the saying. Whether this will happen remains to be seen. However, domestic households will again have to deal with higher fixed costs this year. “After inflation falls over the course of 2024, price adjustments this year will not be as high as in the past two years. However, the energy sector appears to be a strong cost driver due to higher network rates and the declining electricity price ceiling. This will result in another high increase in fixed costs this year,” says Martin Spona, director of the online comparison portal Durchblicker.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
