Approved. The news hits consumers hard, as butane prices rise unexpectedly. For the first time in 2023, the price of a gas cylinder increases noticeably, ending a long period of downward momentum that had supported gas sales. The new price will apply through next January, aligning with the Christmas shopping season and the usual surge in household spending.
The government announced the updated butane price in the Official State Gazette. The document details the cost of a 12.5 liter cylinder, the standard regulated size by law. Contrary to recent months, the price did not resume its downward trend; instead, it rose after a sustained period of declines. With no increase since May 2022, many households will feel the impact as the holiday season approaches and budget priorities shift toward essential needs.
Butane price settings are governed by law and reflect several market forces. Key factors include the prices from producing countries, export restrictions, the euro to dollar exchange rate, and national tax policies. The latest rise aligns with the broader economic environment, where raw material costs increased, freight charges rose, and the euro weakened against the dollar over the last two months. These dynamics contribute to the final consumer price, which households will notice at the point of sale.
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Starting Tuesday, November 21, butane will carry a new price. Retailers that stock this product will display a consistent sign with the updated figure, set at 15.14 euros. The price increase marks a 5 percent rise from the last government-approved level in September, a measure designed to curb sudden price shocks for a basic household staple during the winter season.
Butane has risen for the first time in 14 months, remaining below the earlier peak of 19.55 euros reached in the spring of 2022. While inflation trends have cooled somewhat, the price of gas remains influenced by the broader supply conditions in the countries that produce the raw material and by transport costs. The trend reflects both global market shifts and domestic policy responses that aim to stabilize consumer access to essential fuels.
Many households will see the cylinder price at 15.14 euros as winter deepens, complicating budgeting for families already balancing multiple costs. The change is likely to affect kitchen costs, heating needs, and boiler operation through the coming months, at least until the next price update in early 2024.