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Average electricity price in the Iberian market doubledPhoto by neelam279 on Pexels
Business
Энергетика

Average electricity price in the Iberian market doubled

Observador9 September 2026 at 16:46

The average electricity price in the Iberian market doubled, according to the article. This increase is related to the rise in oil, gas and refined diesel prices.

Filipe Garcia, economist at IMF, is the source cited to explain the impact of this situation. The specialist analyses the consequences of the rise in prices of these fuels in the energy market.

Garcia also considers that the European Central Bank will have more urgency to raise interest rates in response to this economic situation.

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