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Czech Heating Prices Set to Rise 9% Next Year, Hospodarske Says

Nov. 22 (Bloomberg) -- Heating prices in the Czech Republic will be raised as much as 9 percent by most suppliers next year, Hospodarske Noviny reported, citing Mirek Topolanek, who heads the heating companies association.

Prices will rise mainly because of a planned increase in value-added tax and some providers may raise charges more than 10 percent, the newspaper quoted Topolanek as saying.

To contact the reporter on this story: Peter Laca in Prague at placa@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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