Europe Gas Price Surge Will Feed Inflation Faster

European Central Bank research shows wholesale natural gas price surges will feed into inflation faster than before. Flexible pricing structures mean retail costs respond within months. However renewable energy limits the impact on electricity.

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FILE PHOTO: Dark clouds are seen over the building of the European Central Bank (ECB) in Frankfurt, Germany, June 6, 2024. REUTERS/Wolfgang Rattay/File Photo

Wholesale Natural Gas price surges will feed into euro zone inflation faster than before. The ECB reported the shift on Monday morning. Energy costs face renewed upward pressure as regional markets adapt.

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