<p><a target=“_blank“ href=“https://twitter.com/PriapusIQ/status/1587039925588967424?s=20&t=l1Fz4SLtX_ctZavjGmIsiQ“ target=“_blank“ rel=“nofollow“>Reuters Reports</a> – German households are paying more than 2-1/2 times as much for an average annual gas contract from their supplier than a year ago although wholesale prices are reflecting lower consumption and more diversified supply, data showed on Monday.Energy prices portal Check24 said the average gas price in October for a typical household consuming 20,000 kilowatt hours (kWh) stood at 3,726 euros ($3,702.15). A year ago – before Russia’s invasion of Ukraine and the resulting disruption to gas supplies – such a contract could have been secured at 1,365 euros.</p>

This article was written by Ryan Paisey at forexlive.com.