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Eurozone inflation at risk of trending higher over war in Middle East
Let's look back at February: inflation increased from 1.7% to 1.9%. The negative contribution from energy prices was smaller in February, but most importantly, core inflation jumped from 2.2% to 2.4%. The increase was seen for both services and goods inflation, and shows that, even before the Middle East conflict began, inflationary pressures had far from fully abated. From here on, things are set to get bumpier again. While we had expected inflation to remain below 2% for most of the year, the risk to the outlook is clearly up due to the war in the Middle East causing energy supply disruptions and soaring energy ... (full story)
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Polimini
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Euro area annual inflation is expected to be 1.9% in February 2026, up from 1.7% in January according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, services is expected to have the highest annual rate in February (3.4%, compared with 3.2% in January), followed by food, ...
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