European energy prices climb again
3h
Europe faced renewed energy-price pressure as key commodity prices climbed in September amid the Iran war and El Niño, while German fuel prices edged up after a tax cut.
Driven mainly by energy prices, the September print topped the consensus forecast of 3.6%, adding pressure on the ECB as economies deal with higher borrowing costs.
#economy #markets #inflation #europe
Driven mainly by energy prices, the September print topped the consensus forecast of 3.6%, adding pressure on the ECB as economies deal with higher borrowing costs.
#economy #markets #inflation #europe
Reposted by Sabine Pahl
Europe's solar boom is cushioning households from the crippling costs of gas, as the war on Iran continues to highlight the dangers of fossil fuel reliance.
Europe's solar boom is cushioning households from the crippling costs of gas, as the war on Iran continues to highlight the dangers of fossil fuel reliance.
Reposted by Marc Lynch
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