Greenpeace: Rising Energy Prices Have Pushed Inflation to 3.2% in the Eurozone
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Greenpeace findings show how dependence on fossil fuels exposes households around the world to sharp price fluctuations, which in turn affect the wider economy New analysis by Greenpeace concludes that increases in energy prices led to a rise in inflation in the eurozone amid the war with Iran. Between January and August 2026, energy prices were responsible for the entire increase in inflation in the eurozone, from 1.7% to 3.2%, according to new…
“The problem is bigger than any single conflict or oil price spike,” says John Noël, energy expert at Greenpeace International. According to the environmental organization Greenpeace, the energy
A new Greenpeace analysis attributes the rise in inflation in the eurozone to dependence on fossil fuels, according to which increases in energy prices are responsible for the entire rise in inflation from January to August 2026, from 1.7% to 3.2%. The analysis highlights the phenomenon of “fossilflation”, […]
Without the outbreak of the war in Iran, inflation would have been 2.2% in August. More...
New analysis by Greenpeace concludes that energy price hikes have led to a rise in inflation in the eurozone amid the war with Iran. Between January and August 2026, energy prices were responsible for the entire increase in inflation in the eurozone, from 1.7% to 3.2%, according to a new analysis by Greenpeace. “This new analysis reveals the very large extent of ‘fossilflation’, that is, inflation caused by dependence on fossil fuels,” the inter…
The dependence on fossil fuels continues to expose households and businesses to the shocks of energy markets, with direct consequences on the cost of living. Between January and August 2026 inflation in the euro area has increased from 1.7% to 3.2% due to the increase in energy prices. This is what emerges from a new analysis by Greenpeace on the so-called "fossilflation" [...] L'articolo The dependence on gas and oil has doubled inflation in th…
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