War’s First Inflation Hit Arrives in the Euro Area
The first hard data on the initial fallout for consumers in the euro zone shows the biggest inflation jump since 2022
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I’m Craig Stirling, a senior economics editor in Frankfurt. Today we’re looking at how the war in Iran has impacted inflation in the euro zone. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
With the war in the Middle East entering its second month, global policymakers are adjusting to the dawning realization that — whether or not peace breaks out any time soon — the impacts are now here to stay.