• 7 months ago

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00:00 "Energy prices in Britain are expected to fall by 7% this summer, which is equivalent to more than 100 pounds per year after the decline in total gas prices.
00:13 But they will remain higher than 100 pounds of their levels before the crisis of cost of living.
00:20 Analysts at the Colonel Insight, one of the largest energy consulting companies, predict that the energy prices will fall to the lowest level, which is overseen by Ofgem Energy, to 1,574 pounds per year,
00:37 on average, for a combined fuel bill, as of July, of its current level, which is 1,690 pounds.
00:47 Ofgem studies the situation of a roof that targets poor families, in addition to a dynamic roof that depends on the consumption rate of families,
00:57 according to the time during the day, where it is expected that millions of British families will suffer from what is called fuel poverty, despite the decrease in prices.
01:07 "If expectations are met, this will mean a 25% decrease in prices from last summer, but it will remain higher by about 400 pounds per year from the level before the crisis,
01:23 which is 1,154 pounds in the summer of 2021.
01:29 The lowest level of energy prices is considered the biggest contributor to the decline in inflation,
01:35 as it contributed by itself by a 14 percent decline in the main equation,
01:41 as inflation data for April are expected on Wednesday,
01:47 and the expectations indicate a 22 percent decline from the level recorded in March at 23 percent.
01:57 Riyad Al Saadi, CNBC, London

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