EconomyECB rate hike looms as energy shock pushes inflation to 3.3%

Eurozone inflation has reached 3.3% as energy costs surge, prompting markets to price in another European Central Bank rate increase on 10 September. ECB economists say the energy-driven episode differs sharply from the demand-led inflation surge of 2021-22.

ECBeurozone inflationenergy pricesinterest rates

Eeuronews★★★★☆2026-09-02 05:00Original