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Hungary Gas Consumption Falls Significantly in December

Energy Trade

Gas consumption in Hungary fell almost 24% in December from the same period a year earlier, the Ministry of Energy Affairs said on Wednesday, according to a report by state news wire MTI.

Household gas consumption dropped by more than 23% and consumption by businesses declined by almost 25%, the ministry said.

The drop was supported by milder weather, changed consumer behavior amid price rises on the back of sanctions, and government measures to cut back on public sector consumption, it added.

For the full year, gas consumption dropped 17%, data from the Central Statistical Office (KSH) show. Household consumption fell 16.6% and consumption by businesses was 17.2% lower.

The ministry noted that electricity consumption fell close to 3% last year and dropped 7.1% alone in the month of December.

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