7 Months Into the Iran War, the Oil Shock Is Showing Up in Europe’s Inflation Reports

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Seven months after the Iran war began on February 28, the oil shock is beginning to show up in European inflation reports. Spain’s harmonized inflation hit 5% in September, its highest level since February 2023. France and Poland also posted faster price growth, with energy costs leading the rise. These readings come weeks after the European Central Bank raised rates for a second time.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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