Image default
Greek News

Turkey significantly raises electricity, natural gas prices

Turkey added to inflation pressure on Saturday by raising household electricity and natural gas tariffs substantially, citing the surge in global energy prices.

The cost of electricity will soar as much as 130% for some households, the Haberturk newspaper estimated, as the country switches to a graduated tariff system.

The moves could further drive Turkish inflation, which is expected to accelerate to 27.4% in December, according to the median estimate in a - survey. The country’s statistics institute will announce the actual figure on Monday.

Under the new electricity charges, households will pay 1.37 liras ($0.09) per kilowatt-hour for as much as 150 kilowatt-hours per month, and 2.06 liras above that limit, the nation’s energy markets regulator said in a statement late Friday.

See Also:

Motörhead Crew get Tattoos using ink blended with Lemmy’s ashes (video)

Botas, Turkey’s state gas company, separately raised natural gas prices by 25% for households, 15% for power plants and 50% for factories from Jan. 1, according to a statement on its website late Friday.

Read more: -

Σχετικα αρθρα

Smartphones with the lowest/highest depreciation in 2021 (infographic)

admin

Netflix Fails to Halt the Subscriber Additions Decline (infographic)

admin

The Biggest Business Risks in 2022 (infographic)

admin

Unemployment down by 6.9% in December compared to last year

admin

Most expensive video game acquisitions – Microsoft to acquire Activision Blizzard for $68.7 billion (infographic)

admin

Greece to issue 10-year bond

admin

Number of apps with over 100 million annual global spending (infographic)

admin

Greece: 2021 Primary deficit smaller by 2 billion Euros

admin

Minimum Wage: PM Mitsotakis announces a new increase from May 1

admin

Athens Stock Exchange went up today to where it was before the pandemic

admin

Apple’s Road to $3 Trillion (infographic)

admin

Europe nuclear plants “need 500 bn euro investment by 2050: EU commissioner

admin