Iran War Drives Eurozone Inflation Fears
7 Articles
7 Articles
The Iran war has made energy more expensive and pushed inflation up in the euro area. People expect rising cost of living - even over a longer period of time.
Greece once again stands out negatively in the new report by the European Central Bank (ECB) on consumer expectations in the Eurozone. Perceived inflation in April was 10.2%. The post ECB consumer expectations survey: Greeks in the worst position in the Eurozone appeared first on in.gr.
The European Central Bank (ECB) is facing a strong upswing in prices. It considers an inflation of 2.0 percent in the medium term as ideal for the economy in the currency area. According to ECB boss Christine Lagarde, the central bank is ready to act if the data situation requires it. On 11 June, the currency keepers again decide on their monetary policy. ECB interest rate increase in the coming week is likely"The ECB has signalled willingness t…
Eurozone inflation estimates remain high, according to a European Central Bank survey, ahead of next week's crucial meeting with Isabelle Schnabel,...More...
Iran war drives eurozone inflation fears
Consumers in the eurozone expect inflation to remain persistently high as a result of the oil price shock triggered by the Iran war, the European Central Bank (ECB) said on Monday, citing a survey it commissioned. On average in April, people expected an inflation rate of 4% over the next 12 months, the ECB said. Energy prices have risen sharply since the Iran war began on February 28, with consumers feeling the impact particularly through higher…
The Iran war has made energy more expensive and pushed inflation up in the euro area. People expect rising cost of living - even over a longer period of time.
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