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Tag: Price shocks

Gas price shocks play a larger role in inflation in the eurozone, according to ECB paper

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Gas price shocks play a larger role in inflation in the eurozone, according to ECB paper

FRANKFURT (Reuters) – Natural gas price shocks are having an increasingly significant impact on inflation in the euro zone, although still not as strong as oil price fluctuations, a European Central Bank study published on Monday shows. When the war between Russia and Ukraine began in early 2022, natural gas prices soared, helping to push […]